Power Sector Recovery: FG, W’Bank in discussion for $1bn loan
The Federal Government and the World Bank are in the final stage of negotiation for the release of $1bn performance-based ...
Tag: power
Now the City comes to Me!
By Azuri Technologies It’s hard to believe sometimes that the Internet is only 25 years old. This change in the ...
Nigeria loses N1.12bn daily to non-availability of gas—Report
NIGERIA may have lost N1,121,000,000 on January 14, 2018, due to insufficient gas supply to generate power, according to the ...
$75.5m Fibre Optic debt: We’ll rely on Court judgement- TCN
The Transmission Company of Nigeria (TCN) Friday, January 19, said it would rely on the legal processes it has initiated ...
Firm floats Nigeria’s first power infrastructure bond
Viathan Group, a private company, has issued a $32 million infrastructure bond to fund power assets — the first of ...
‘Power Generation Firms now Getting 80% Monthly Payment’
Power generation companies are now getting about 80 per cent of the payments required by them to function properly, as ...
EU pledges €25m for solar power projects’ transmission expansion
The European Union has pledged to support the expansion of Nigeria’s power transmission infrastructure with a grant of €25m (N7.6bn ...
World Bank Readies $1bn Loan for Nigeria
The World Bank has commenced the process of evaluating Nigeria’s power sector recovery plans as part of requirements for $1 ...
Finance, major challenge to renewable energy plan- Expert
A renewable energy expert and Chief Executive Officer, Community Energy Social Enterprise, Dr Patrick Tolani has said finance remains the ...
Power:Nigeria Generates 82,226 MW In Q3 2017 – NBS
The National Bureau of Statistics (NBS) says the power generation statistics showed that 82,266 Megawatts ( MWh) of energy was ...
