Shaka Braimah

REA, Lotus Bank partner to launch dedicated renewable energy financing facility

The Rural Electrification Agency (REA) and Lotus Bank have reached a strategic milestone in their collaboration to deepen financing for energy access across Nigeria. Following a high-level meeting on Wednesday, the two institutions announced plans to transition from project-based support to a large-scale, dedicated financial framework. The engagement focused on the Distributed Access through Renewable…

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NNPCL affirms oil output boom over pipeline securityNNPCL

The Nigeria National Petroleum Corporation Limited (NNPCL) has affirmed that the collaboration between host communities of the Trans Niger Pipeline (TNP) and Pipeline Infrastructure Nigeria Limited (PINL) has led to Increasing oil production and contributing to greater revenue for the country. The Head, Field Operations, Eastern Corridor, Project Monitoring Office, Akponime Omojevwhe, (PMO NNPCL), made…

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Power restored gradually to parts of the Country after the first Grid Collapse in 2026

Electricity supply has been restored to parts of the country following Nigeria’s first national grid collapse of 2026, as system operators commenced recovery efforts hours after a total outage was recorded on Friday. In an update on the incident, the Nigerian Independent System Operator (NISO) said the grid experienced a system-wide disturbance at about 12:40…

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FG bans meter charges, warns DisCos, installers of prosecution

The Federal Government has directed electricity distribution companies (DisCos) and meter installers to provide smart meters to consumers free of charge, warning that officials found demanding payments will face prosecution.6The Minister of Power, Adebayo Adelabu, issued the directive on Thursday during an inspection of newly imported smart meters at APM Terminals, Apapa, Lagos. The meters,…

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ANOH Gas Project Achieves First Gas

Project Delivered Without Any Lost Time Incident across 17.5-million-man hours To Operate With Zero Routine Flares.With 16MW Power Plant and Other Supporting Facilities Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, is pleased to announce that the 300 MMscfd ANOH gas project has…

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Over 60% of power plants idled in Q3 2025, says NERC

More than 60 per cent of installed power generation capacity in the country remained unavailable for transmission to the national grid in the third quarter of 2025, a report by the Nigerian Electricity Regulatory Commission for Quarter Three of 2025, says. This highlights the deep-seated challenges confronting the country’s electricity supply industry. The development also…

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