Budgeting Investments/Capital Market Latest News Planning & Economic Development Power/Electricity Privatisation & Commerce Revenue

FG Not Planning To Sell Transmission Company Of Nigeria – BPE

The Bureau of Public Enterprises (BPE), late Sunday restated its earlier position that the Federal Government had no plans to sell the Transmission Company of Nigeria (TCN). The privatization agency made this clarification in a statement which came some few weeks after it hinted of plans to revive ailing government owned enterprises. Reacting to news […]

Infrastructure & Capital Projects Latest News Planning & Economic Development Power/Electricity Technology

DisCos Alert Public On Power Blackout As National Grid Collapses

Electricity distribution companies (DisCos) on Monday alerted electricity consumers in the country of power blackout in their franchise areas following the collapse of the national grid. The latest national grid collapse is about the eighth time the incident had been recorded in the country in the past few months. According to the notices by the […]

Budgeting Infrastructure & Capital Projects Investments/Capital Market Latest News Planning & Economic Development Power/Electricity

Collapsed National Power Grid Repairs Near Completion – TCN

The Transmission Company of Nigeria (TCN) has reported that the restoration of the national power grid, which collapsed at about 11 a.m on Wednesday was near completion. A statement issued on Thursday by the company’s General Manager, Public Affairs, Ndidi Mbah, attributed the system failure “was a result of a sudden drop in system frequency […]

Budgeting Economy News Extra Latest News Planning & Economic Development Power/Electricity

Nigeria’s Generated Electricity Dips To 8.6M MWh In Q3 2021 – NERC

The Nigerian Electricity Regulatory Commission (NERC) on Tuesday reported that total electricity generated in the country by the power generation plants in the third quarter of 2021 stood at 8.693 million Megawatts-hour (MWh), down from the quantum of generated electricity in the previous quarter. The commission gave this figure in its Third Quarter Report 2021 […]

Economy News Extra Investments/Capital Market Latest News Planning & Economic Development Power/Electricity

Nigeria’s Energy Generation Up 95,116.18MWh, Highest In 2 Months

Nigeria electricity generation rose to the highest in over two months at 95,116.18MWh on Tuesday, representing 5% improvement over the 90,621.28MWh generated in the previous day. Information provided by the Transmission Company of Nigeria (TCN) on the electricity generation and supply situation in the day under review, indicated that the last time Nigeria’s energy generation […]

Infrastructure & Capital Projects Latest News Manufacturing Power/Electricity

Nigeria’s Power Generation Rebounds, Hits 79.04Gwh On Tuesday

The Transmission Company of Nigeria (TCN) on Wednesday reported  that Nigeria’s electricity generation rebounded on Tuesday to 79.04GWh from the 67.17GWh generated the preceding day. The company, in its latest information on the electricity generation and supply trend in the country, also reported that energy supply increased by 17.8% to 78.2GWh on Tuesday, compared to […]

Economy News Extra Latest News Planning & Economic Development Power/Electricity

Nigeria’s Electricity Output Rises To 76,444MWh

The Transmission Company of Nigeria (TCN) has reported that Nigeria’s electricity generation increased marginally on Thursday, as the generating companies (GenCos) generated a total of 76,444.98MWh of energy. The Thursday’s energy output represented an increase of 5.13% compared to 72,712.08MWh generated in the previous day. The previous day, energy generation dropped to an almost two-month […]

Economy News Extra Latest News Manufacturing Planning & Economic Development Power/Electricity

Nigeria’s Power Generation Dips To 79,872MWh, Lowest In 30 Days

Nigeria’s electricity generation fell to one-month low on Tuesday by 5.87% to 79,872.94MWh compared to 84,849.41MWh generated on Monday. According to information provided by the Transmission Company of Nigeria (TCN) on the electricity generation situation in the country for the day in review, the energy supplied also fell to 78,835.73MWh on Tuesday. A further analysis […]

Economy News Extra Latest News Power/Electricity

TCN Activates Odukpani-Ikot Ekpene 330kV DC Transmission Line

The Transmission Company of Nigeria (TCN) on Monday announced the activation of the Odukpani-Ikot Ekpene 330kV Double Circuit (DC) transmission lines following the completion of repair works and re-erection of the vandalized tower 104 and lines. The company’s General Manager, Public Affairs, Ndidi Mbah, in a statement indicated that the lines were energized at about […]

Economy News Extra Latest News Planning & Economic Development Power/Electricity

Nigeria’s Power Generation Dips To 87.8kMWh

Nigeria’s power generation fell marginally on Sunday by 0.3% to 87.8kMWh from 88.1kMWh recorded in the previous day, This followed a significant downturn recorded on Friday last week as electricity generation crashed to a one-month low. According to the Transmission Company of Nigeria (TCN), energy supply declined by 0.25% to 86.5kMWh on Sunday from 86.7kMWh […]