Eskom has issued a stark warning of impending power cuts as municipal debt has surged to over R110 billion, raising serious concerns for energy stability in South Africa and beyond. The ele…
On March 6, 2026, Bajaj Broking Research unveiled its latest stock recommendations, spotlighting Tata Power Company and Bharti Airtel as key investment opportunities for the day. T…
The Federal Executive Council (FEC) has approved contracts for the engineering, procurement, and construction of new substations under the Presidential Power Initiative (PPI) to bolster Nigeria’s p…
Kano Electricity Distribution Company (KEDCO) has dragged the Manufacturers Association of Nigeria (MAN) to the High Court of Federal Capital Territory, Abuja, over unlawful interference with its b…
As part of the measures to tackle incessant power outages in the country, President Bola Tinubu has approved the gradual payments of power sector debts estimated at over N3.3tn. Consequently…
The Minister of Power, Adebayo Adelabu, says any reversal in the hike of electricity tariff for Band A customers in the country will derail the reform agenda of the President Bola Tinubu administra…
The Transmission Company of Nigeria (TCN) says it has successfully restored the national grid following a system disturbance at 4:28 p.m. on Thursday. In a statement on Friday evening, the T…
Nigeria has been thrust into darkness yet again as the national electricity grid, centrally managed from Osogbo, Osun State, suffered a collapse at approximately 4:30 pm on Thursday, leaving millio…
Joe Ajaero, President of the Nigeria Labour Congress (NLC), has voiced deep concern over the surge in living expenses attributed to President Bola Tinubu’s decision to scrap fuel subsidies. …
The Senate on Monday inaugurated an ad-hoc committee to investigate the Ways and Means and the Anchor Borrowers Programme of the Central Bank of Nigeria (CBN). Led by the President of the Se…
The Senate on Tuesday, resolved to further investigate N10trn Anchor Borrowers’ Programme by the Central Bank of Nigeria (CBN), as well as accountability in the Ways and Means loans by the Apex Ban…
The Federal Government of Nigeria has raised its contribution to offset the revenue shortfall in the power sector during the second quarter of 2023 to N135.2 billion. This is a substantial i…
