Cross River, REA Partner to End Rural Power Blackouts
Cross River State and REA launch aggressive clean energy expansion to tackle electricity crisis affecting 15 local councils. Governor Otu reveals only 3 areas have consistent power.
Category : Search result: electricity prices
Cross River & REA Tackle Rural Power Crisis
Cross River State and REA launch clean energy partnership to end electricity blackouts affecting 15 LGAs. Initiative aims to transform rural economies and reduce generator dependency.
IBEDC prosecutes energy theft suspects across franchise
IBEDC escalates fight against energy theft with multiple arrests and prosecutions. Woman charged for assaulting staff, vandalizing vehicle. Several businesses face legal action.
EEDC Denies Imo Power Outage Sabotage Allegations
EEDC refutes Imo State's claim of a planned massive power outage, calling it propaganda. The company urges the government to enable, not frustrate, its operations. Read the full details.
Ghanaian shocked by Nigeria's power outages
A Ghana-based fashion designer reveals shocking electricity problems in Nigeria during her visit. Lights go off 5 times daily, neighborhoods noisy from generators. Read her full experience.
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.
Imo Blackout: Group Demands Probe Into Power Firm
South East Political Watchdog calls for investigation into electricity company over prolonged blackouts in Imo State. Armed invasion of TCN station raises security concerns.
Manufacturers Spend N676.6bn on Power Generators
Nigerian manufacturers spent N676.6 billion on alternative energy in H1 2025 as poor power supply cripples operations. MAN warns of job losses and demands government intervention.
Nigeria's Power Grid Operates at 40% Capacity
Nigeria's electricity crisis deepens as power plants generate only 5,000MW despite 13,000MW capacity. Transmission failures and DisCo inefficiencies blamed for the massive gap.
Stakeholders Seek Urgent Fix for Nigeria's Power Grid
Industry leaders warn Nigeria's power infrastructure needs immediate upgrade as states decentralize electricity market. Regulatory harmony and investment crucial for energy stability.
Reps Launch Probe Into Power Sector Failures
The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.
Four jailed for vandalising EEDC facilities in Ebonyi
Four men have been sentenced to four years in prison for vandalising EEDC electricity equipment in Ebonyi State. The convictions highlight the ongoing battle against infrastructure vandalism.
Nigeria to earn $1bn from electricity exports
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
NASS Intensifies Bill to Combat Energy Theft in Nigeria
The National Assembly is strengthening a bill with stricter penalties to tackle energy theft and help DisCos recover huge government debts, boosting Nigeria's power sector. Read more.
Reps Probe 17 Years of Power Sector Investments
Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.
Memory Chip Crunch to Increase Gadget Prices
Shoppers face higher prices for phones and laptops as AI data centers consume memory chips. Experts warn of significant price increases through 2026. Learn how this affects Nigerian consumers.
Man Gets 16.9kwh for ₦2000 Under Band A Tariff
A Nigerian man's electricity receipt showing he received 16.90kwh for ₦2000 under Band A tariff goes viral, sparking reactions about possible price reductions or system glitches.
Top DisCos Collect ₦565bn in Electricity Bills
NERC report reveals Eko, Ikeja, and Abuja DisCos recorded highest bill collection rates in Q2 2025. Customers paid ₦565 billion amid metering challenges.
Inflation falls to 16.05% in October 2025
Nigeria's inflation rate drops to 16.05% in October 2025, marking the lowest level since 2017. Discover how food prices and policy changes are driving this positive trend.
NUEE Threatens National Blackout Over Staff Attack
Nigerian electricity workers threaten nationwide shutdown after police brutality in Imo State. Union demands immediate release of abducted staff and safety guarantees.
Dangote Refinery: We Caused Fuel Price Cut, Not Government
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
Build-to-Sell Strategy Takes Over Nigerian Property Market
Nigerian developers shift to build-to-sell model amid rising construction costs and economic volatility. Learn how this affects housing affordability and market dynamics.
FG Plans 7000MW Power Boost to National Grid
Federal Government begins Siemens power project to add 7000MW to Nigeria's electricity grid, promising improved power supply nationwide while tackling estimated billing.
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
Germany approves €98 billion debt for 2026 budget
German parliament approves revised 2026 budget with €98 billion borrowing for economic relief and military spending. Chancellor Merz unveils industrial power price cuts.
FG Suspends 15% Import Duty on Petrol and Diesel
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
AGRA: Food Prices Rise & Fall Across Africa
AGRA's Food Security Monitor reveals mixed food commodity prices in Africa. Maize prices ease in Nigeria & East Africa, while rice costs rise in coastal West Africa. Discover the full analysis.
5 Vandals Arrested for Damaging TCN's Otukpo-Yandev Line
Local vigilantes in Benue State apprehend five suspects vandalizing TCN's 132kV transmission line. Critical infrastructure protection efforts yield success as community collaboration strengthens.
Asian Markets Fall on Fed Rate, Tech Worries
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
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