Category : Search result: Lagos power supply


Lagos Tenancy Bill 2025: Offences & Penalties Detailed

The proposed Lagos State 2025 Tenancy Bill introduces strict penalties, including fines up to N1,000,000 and imprisonment, to curb exploitative housing practices. Learn the key offences for landlords, agents, and tenants.

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.

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.

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.

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.

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.

China pledges reliable rare earth supply to Germany

Germany's Finance Minister Lars Klingbeil obtained China's commitment for reliable rare earth supplies during his Beijing visit. This breakthrough addresses critical supply chain concerns for German manufacturers.

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.

China, Netherlands Resolve Nexperia Chip Dispute

The Netherlands suspends takeover of Chinese-owned Nexperia in goodwill gesture. China welcomes move as first step to resolve semiconductor supply chain tensions. Read latest developments.

Petrol Price Cut: NNPC Sells at N910 in Lagos

NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.

Oborevwori blames BEDC for Delta power outage

Delta State Governor accuses BEDC of deliberately plunging communities into darkness despite adequate power supply from Transcorp Power. Read the full story and its impact.

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.

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