Power distribution companies fails to remit N1.1tn to NBET
The Power distribution companies in the country failed to remit a total of N1.156tn to the Nigerian Bulk Electricity Trading Plc for the electricity...
Major equipment for Dangote refinery on its way to Lagos
A piece of equipment that is essential to process crude oil for Dangote refinery is now on the way to Nigeria from China.
The 650,000...
FG, Sterling Bank partners to provide renewable energy to MSME'S
The Federal Government, Sterling Bank and Virtus Energy Solutions Limited are into a partnership to strengthen power production for small and medium businesses in...
Nigeria, Morocco pledge to deliver gas pipeline in record time
The Federal Government and the Kingdom of Morocco have pledged to deliver on the gas pipeline bilateral agreement between Nigeria and the North African...
Meters supply and improved service can justify raise in electricity tariff- Power Ministry
The Ministry of Power, Works and Housing have said an increase in electricity tariff can only be justified by the extensive provision of meters...
Nigeria, Siemens signs power deal to produce 25,000MW by 2025
Nigeria and electricity titan, Siemens signed a power deal that will lead to the production of 25,000 megawatts of electricity by 2025.
President Muhammadu Buhari...
NNPC reveals N6.33Bn profit for the month of May
The Nigerian National Petroleum Corporation (NNPC) announced a trading surplus of N6.33bn for the month of May, an amount which is 13 per cent...
Kaduna power plant to deliver 200MW to national grid
In six months time, Kaduna Power Plant will start delivering about 200MW of electricity to the national grid following the successful conclusion of arrangements...
Get your meter now, pay later- NERC
The Nigerian Electricity Regulatory Commission (NERC) has said electricity consumers will be able to obtain meters without upfront payment.
NERC said customers could get meters...
FG begins evaluation of 250 bids for gas flare points
The Federal Government has begun evaluating the statements of qualification submitted by about 250 firms for the commercialisation of gas being flared by oil...