In a move to ensure stable electricity in Ondo State, Lincs Power Energy Solutions has joined hands with the state government to build a 5-megawatt power project. The project aims …
ELECTRICITY
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AFRICA NEWSELECTRICITYNigeria
Nationwide blackout as Nigeria’s electricity grid collapses again
by Editorby EditorNigeria has again been thrown into darkness after the national grid system, operated by the Transmission Company of Nigeria (TCN) from Osogbo in Osun State collapsed. Nigeria has again been thrown …
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Banking, Finance & InvestmentBusinessEconomyEnergyMarketsNigeria
Subsidies of Petrol and electricity affecting poor Nigerians
The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a statement on the bank’s website announcing the …
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Electricity prices have risen for the second month in a row, attributed to high oil prices and a weak shilling. The Energy and Petroleum Regulatory Authority (EPRA) on Friday increased …
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AfricaEconomyEnergyNewsNigeriaWestern Africa
Electricity distribution companies report another national grid collapse
Major electricity distribution companies in Nigeria on Monday announced a fresh national grid collapse which has led to loss of supply across the country. The collapse occurred late Monday morning …
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EnergyFinance & ServicesKenya News
Kenya Power set To Commission the EPZ Substation To Stabilise Power Supply To Kitengela Environs
Kenya Power is set to commission the 66/11KV EPZ substation after repair works, boosting the stability of electricity supply to EPZ industries, Athi River, Kitengela, and its environs. The repair …
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BusinessGlobal NewsNigeriaTechnologyWestern Africa
Nigerian government partners with France to improve electricity supply
The Nigerian government and the French Development Agency (AFD) in France has signed a grant agreement of €25 million for the Northern Corridor Project jointly funded by the European Union and …
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EconomyEnergyKenya NewsOil & Gas
Inflation of electricity and fuel prices in Kenya hit the consumers
The energy regulator has made a U-turn and increased electricity prices by 15.7 percent, reversing the January cuts by the former President Uhuru Kenyatta administration, in what has handed consumers …
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Banking, Finance & InvestmentEconomyEnergyKenya News
Kenya Power has locked banks and third party vendors from selling tokens
Kenya Power has dashed commercial banks and other third parties’ hopes of renegotiating fresh contracts to sell prepaid electricity tokens, in a decision that will restrict the lucrative deal to …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Generation Companies lament poor remittances for electricity consumed
The association of power generation companies (APGC) Nigeria says members are owed N1.75 trillion for power generated for the electricity market since 2013. Joy Ogaji, executive secretary, APGC, made this …