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Power supply challenge: FG seeks $2bn loan from China to build ‘super grid’

The Federal Government (FG) is in talks with the Export-Import Bank of China to secure a $2 billion loan for the construction of...

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Nigeria need $10bn annually for stable electricity — Minister

The Minister of Power, Adebayo Adelabu, has stated that for Nigeria to achieve functional, reliable, and stable electricity, the country requires no less...

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Power sector got N700bn boost in revenue in 2024 — Adelabu

Nigeria’s power sector has recorded a significant leap in revenue generation, with an additional ₦700 billion realised in 2024, marking a 70% increase...

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Blackout looms as GenCos threaten shutdown over unpaid N4tn debt

There is an impending blackout in Nigeria as power generation companies threaten a showdown. This is as unpaid debts from the federal government...