Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
Category : Search result: Bayelsa power supply
FG Issues N1.23tr Bond to Settle Power GENCO Debt
The Federal Government plans a N1.23 trillion bond to clear debts owed to power generation companies and restore liquidity in the electricity market. Read more.
NDDC Suspends Project Launch to Mourn Bayelsa Deputy Gov
The NDDC has postponed all project inaugurations in the Niger Delta to honour the late Bayelsa Deputy Governor, Senator Lawrence Ewhrudjakpo. Read about the tributes and the suspended 700-bed hostel commissioning.
Gas Constraints Cause Power Decline in South-East - EEDC
EEDC blames recent electricity supply decline on gas shortages affecting GenCos, leading to load shedding. The company apologises for the inconvenience and urges customer patience.
Jonathan Pays Tribute as Bayelsa Mourns Deputy Gov
Former President Goodluck Jonathan visits Bayelsa to mourn Deputy Governor Lawrence Ewhrudjakpo. Governor Douye Diri orders autopsy, warns against politicising the death. Read more.
Gas Shortage Causes Major Drop in Nigeria's Power Supply
Nigeria's national grid confirms a sharp drop in electricity supply nationwide due to gas constraints affecting generation companies. Learn the impact and historical context of the power crisis.
Nigeria starts N185bn gas legacy debt repayment
The Federal Government has commenced settling N185 billion in legacy debts to gas producers. This move, approved by NEC, aims to revitalize the gas sector, improve electricity generation, and stimulate economic growth. Read more.
MFM Ends Bayelsa Mega Crusade, Dedicates 3 Regions
Mountain of Fire and Miracles Ministries concludes a powerful two-day crusade in Yenagoa, focusing on faith for 'hard things' and officially launching three new South-South regions. Read the full report.
N185bn Approved to Settle Gas Debts for Power Boost
The Federal Government has approved N185 billion to pay legacy debts to gas producers, aiming to restore confidence, boost gas supply, and improve Nigeria's electricity generation. Read more.
3-Hour Power Outage in Anambra This Sunday
FirstPower announces a planned 3-hour power outage in parts of Anambra on Sunday, Dec 7, for a critical transformer upgrade. Details on affected areas and the reason behind the service disruption.
Dangote: Fuel Queues Gone Forever, Christmas Supply Assured
Aliko Dangote assures Nigerians of stable petrol supply during Christmas and reveals plans to make his refinery the world's largest by 2028. Read the full details.
Dangote Refinery Slashes Diesel Price to N910/Litre
Dangote Refinery reduces diesel price to N910 per litre, a 4.21% drop, offering relief to Nigerian industries and transport ahead of Christmas. Driven by global crude trends and improved NNPC supply.
Doctor Arrested for Aiding Kwara Kidnappers
Security forces in Kwara State have detained a medical doctor suspected of transporting drugs to kidnapping gangs. The arrest in Jebba highlights the gangs' desperation for medical aid after clashes. Read the full report.
Reclaiming Sanity: A Call for Responsible Leadership
Public affairs enthusiast Yinka Rahman calls for a sane Nigeria through visionary leadership, functional institutions, and citizen accountability. The future demands action.
Serbia's Oil Refinery Shutdown Could Cost for Years
Experts warn Serbia faces years of economic fallout, job losses, and budget risks after the shutdown of its only oil refinery due to US sanctions on Russian owners. Read the full analysis.
Gucci, Prada, Versace in Italy Sweatshop Probe
Milan prosecutors target 13 luxury brands over suspected labour exploitation in their supply chains. Find out which major fashion houses are involved and the legal implications.
Italy's Luxury Brands Shaken by Sweatshop Investigations
Italian prosecutors uncover 'degrading' conditions at luxury brand subcontractors. Read how the 'Made in Italy' reputation is under threat and what it means for global fashion.
Reps query Azura Power over N18bn undisclosed payments
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
Dangote Refinery Vows 1.5bn Litres Petrol Supply in December
Dangote Refinery commits to supplying Nigeria with 1.5 billion litres of petrol in December 2025, promising market saturation and price stability. Read the full details of their letter to regulators.
New Lagos hub to tackle Nigeria's $1.7bn logistics loss
TY Logistics Park launches in Lekki to reverse Nigeria's $1.7bn annual logistics drain with a tech-driven model. Discover how it cuts costs and boosts SME exports.
Dangote Refinery to Supply 1.7bn Litres of Petrol Monthly
Dangote Refinery commits to supplying up to 1.7 billion litres of petrol monthly, boosting Nigeria's fuel security. Read the full details of this landmark development.
Nigeria's Money Supply Reaches N119 Trillion
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
House Committee Summons Agencies Over Power Probe Evasion
House of Representatives committee summons BPP, Budget Office, AGF for evading oversight on power sector reforms investigation. Agencies given December 8 deadline to appear.
Anambra Issues FirstPower 1-Year Electricity License
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
Bayelsa acquires aircraft, makes historic inaugural flight
Bayelsa State celebrates a historic milestone as Governor Douye Diri inaugurates its first state-owned aircraft, enhancing aviation capacity and economic connectivity.
Nigerian-Led Aegis AI Wins Global Supply Chain Award
Dr. Joshua Denila's Aegis AI wins IoT in Supply Chain Award at 2025 ITC Go Global Awards for transforming global trade with AI and IoT technology. Discover how this innovation boosts supply chain security.
China's Rare Earth Control Shapes US Trade Relations
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Woman Buried in Coca-Cola Bottle Casket in Bayelsa
An 85-year-old woman nicknamed Ego Na Money laid to rest in unique Coca-Cola bottle-shaped coffin in Bayelsa. Family reveals her love for the drink inspired tribute.
Rice Prices Drop 40% in Nigerian Markets
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
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