UPDATE: FCMB operates 150 solar-powered branches limits reliance on national grid, diesel generators
Oredola Adeola First City Monument Bank now operates 150 (73%) solar-powered branches, out of over 200 branch networks across Nigeria,...
Power
Improvement in power supply across Nigeria, the HOW!
Oredola Adeola, Fatimah Idera The relative improvement in the power supply across Nigeria in recent times has been attributed to...
EU, French devt. agency commit N10.7billion to support solar power projects in 7 Northwest States, Niger Republic
Oredola Adeola The Nigerian Government and French Development Agency (Agence Française de Développement, AFD) have signed a grant of N10.7billion (€25...
Energy Transition: Nigerian Government says Africa faces existential threat due to energy poverty, demands realistic net zero plan
Oredola Adeola The Nigerian Government has revealed that Africa is faced with an existential threat due to the global call...
19 Northern Governors set to harvest 2000MW electricity from solar energy
Oredola Adeola The Northern Governors have expressed commitment to harvest 2000 megawatts of solar power from the ample sunlight energy...
Egbin Power appoints Bounour CEO to drive transformations, energy transition
Oredola Adeola The Board of Egbin Power Plc has announced the appointment of Mokhtar Bounour, as the new Chief Executive...
DisCos reject 1,519.41MW in 7 days, struggle with losses within distribution network
Samuel Agbelusi The eleven(11) electricity Distribution Companies (DisCos) have wasted about 1,519.41 MegaWatts(MW) within the distribution network, representing 5.8 per...
EKEDC sets to provide distribution transformers in Lagos Island, seeks Police, community supports against vandalism
Oredola Adeola The Eko Electricity Distribution Company has promised to address the issue of old and overloaded distribution infrastructure affecting...
TCN restores power to Lekki, Ajah, VI axis, completes work on Ajah substation
Oredola Adeola Power has been fully restored to all the communities within Badare Sangotedo, Jakande, Chevron, Agungi, Lekki, and some...
Barika and Kraft, Dubai firm raises $60million to finance 1,133 MW wind, solar, hydro electricity projects in Nigeria
Samuel Agbelusi Barika and Kraft, Dubai-based financial consultants, has successfully raised over 60 Million US dollars in its third funding...
