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Trending News

Tinubu: Transport Fares to Drop Nationwide From October 2026. 01
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Fuel subsidy would have cost N53trn, pushed naira to N3,500/$ if not removed.
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PenCom gives MDAs deadline to submit retirees’ details
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Lagos approves mining sites to support Lagos-Calabar Coastal Road Project.

Power

Electricity: NERC clamps down on DisCos, orders revenue diversion to network upgrades
Electricity theft: FG probes N120bn annual revenue loss
Edo govt issues transmission, distribution licence, power company targets 2026 completion
TCN Reveals Real Cause of Lekki Power Outage, Dismisses EKEDC’s Transformer Claim

TCN declares force majeure on Kainji-Birnin Kebbi line after Tower T367 collapses

The Transmission Company of Nigeria (TCN) has declared force majeure on the 330kV Kainji-Birnin Kebbi transmission line after Tower T367 collapsed along the route. The collapse was caused by heavy winds and rainstorms, disrupting bulk electricity transmission between the two stations. In a statement issued on Tuesday, TCN said the affected line tripped at about…

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Universal McCann Media, Nigeria’s First ISO-Certified Agency

Universal McCann Media Limited has officially achieved the prestigious ISO 9001:2015 Quality Management System certification, marking a historic milestone as one of Nigeria’s first advertising agencies to attain this internationally recognized standard. Issued by TNV, the certification affirms that the agency’s quality management processes meet global benchmarks for consistency, efficiency, and client satisfaction. The certification,…

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Electricity: NERC clamps down on DisCos, orders revenue diversion to network upgrades

The Nigerian Electricity Regulatory Commission, NERC, has issued a revised order directing electricity Distribution Companies, DisCos, to dedicate a portion of their earned operating revenue to critical network improvement projects. The Commission said the directive was aimed at accelerating network upgrades, improving electricity supply reliability and ensuring that available revenues were invested in critical infrastructure….

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Dangote refinery IPO opens within days, share sale targets $5 billion

Africa’s biggest refinery is moving closer to a landmark public offering as billionaire industrialist Aliko Dangote has revealed that the initial public offering of the Dangote Refinery will open within the next 10 to 12 days. Dangote disclosed this on Thursday, September 3, 2026, while speaking to investors and analysts in Botswana, providing the clearest…

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Ikeja Electric launches Energy Advance, lets customers borrow up to N20,000 electricity units

Ikeja Electric has introduced a buy-now-pay-later electricity scheme called Energy Advance, allowing eligible customers to draw up to N20,000 worth of electricity units on credit and pay later. The distribution company announced the service in an official notice to customers, saying it is designed to prevent unexpected power interruptions when units run out at inconvenient…

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TCN secures $1.4bn funding, lifts transmission capacity to 8,700MW

The Transmission Company of Nigeria (TCN) has secured more than $1.4 billion, about N1.87 trillion, in loans and grants to expand the national electricity grid. The funding has raised transmission wheeling capacity to 8,700 megawatts and supported the commissioning of 89 power transformers. TCN Executive Director for Transmission Service Provider, Ajiboye Oluwagbenga, disclosed this at…

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