Nigeria's $2.25B Eurobond Oversubscribed by 400%
International investors demonstrate overwhelming faith in Nigeria's economy, oversubscribing the latest Eurobond offering by 400% despite global market uncertainties.
Category : Search result: electricity debt
Sentry Global Fights Transformer Explosions in Nigeria
Nigerian energy infrastructure receives groundbreaking protection system against transformer failures and explosions. Sentry Global's innovative solution addresses aging power infrastructure crisis.
Nigerian Startup Aims for Universal Clean Energy Access
Discover how a Nigerian energy company is revolutionizing access to clean power solutions across the nation, tackling energy poverty with innovative solar technology and affordable payment plans.
National Assembly Scrutinizes Tinubu's ₦1.15T Loan Request
Nigerian lawmakers launch thorough investigation into President Tinubu's controversial ₦1.15 trillion loan proposal amid growing economic concerns and public scrutiny.
Jubaili Bros Drives Nigeria's Energy Transition
Leading energy firm Jubaili Bros Engineering unveils innovative strategies to transform Nigeria's power sector and accelerate sustainable energy transition across the nation.
BRIPAN Reforms Nigeria's Insolvency Practice Nationwide
The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is spearheading a nationwide initiative to strengthen Nigeria's insolvency framework, enhance practitioner expertise, and boost investor confidence through comprehensive re
Senate Probes Rail Derailments Amid Loan Debt Concerns
Nigerian Senate investigates alarming rail derailments while controversial new loan agreements spark national debt concerns. Full details on the parliamentary inquiry.
Nigeria-China relations face major overhaul
Nigeria reevaluates its partnership with China amid mounting debt worries and environmental impact concerns. Discover how this strategic shift could reshape bilateral relations.
Australia Offers 3 Hours Free Solar Power Daily
Australia don launch groundbreaking solar initiative wey go provide millions of residents with three hours of free electricity every single day. This revolutionary policy na part of dem commitment to renewable energy.
Naira Eurobonds Rally Defies Trump Military Threat
Nigeria's Eurobonds experience significant rally despite Donald Trump's military threat, showcasing strong international confidence in Nigeria's economic prospects.
PENGASSAN Strike Threatens Nigeria's Oil Economy
As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.
Nigeria's Power Crisis: The AI Race Decider
As the global AI race intensifies, Nigeria's unreliable power supply threatens to leave the nation behind in the technological revolution. Discover how electricity is becoming the decisive factor in Africa's digital transformation.
Nigerians Question Tinubu's Loan Request Amid Doubts
Growing public skepticism surrounds President Tinubu's latest loan request as House of Representatives Deputy Spokesman Philip Agbese voices concerns about transparency and accountability.
NASS Loan Approval: Why Nigerians Shouldn't Worry
Government official reveals why the National Assembly's approval of a $2.347 billion loan shouldn't worry citizens - and how it will actually benefit Nigeria's economy and infrastructure development.
Court fines AEDC ₦500k for information denial
Federal High Court sanctions Abuja Electricity Distribution Company for violating Freedom of Information Act, ordering immediate compliance and payment of legal costs.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Nigerians Demand Loan Accountability in 2025 Budget
As Nigeria prepares for its ₦41 trillion 2025 budget, citizens are calling on National Assembly members to ensure proper oversight of executive borrowing and prevent unsustainable debt accumulation.
EKEDC Starts Free Meter Distribution Nationwide
Eko Electricity Distribution Company begins massive free meter rollout under Federal Government's National Mass Metering Programme, bringing relief to thousands of customers tired of estimated billing.
Nigerians Demand Scrutiny of Tinubu's Loan-Heavy Budget
Growing public pressure mounts on National Assembly to reject rubber-stamp approval of Tinubu administration's borrowing plans and ensure fiscal responsibility in 2025 budget.
AI Giants Accumulate Massive Debt in Tech Race
Major tech corporations are accumulating unprecedented debt to finance artificial intelligence development, creating both opportunities and risks for emerging markets like Nigeria.
FG Sets Financial Conditions for Ibadan Disco Licence
The Federal Government imposes strict financial requirements on Eko Electricity Distribution Company for Ibadan Disco licence renewal, demanding improved performance and financial stability.
KEDCO Starts $550M World Bank Metering Scheme
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
DLM Funding SPV PLC Announces Major Capital Raise
DLM Funding SPV PLC reveals groundbreaking funding initiative with CBN approval, offering Nigerian investors access to high-yield debt securities through major stockbrokers.
Nigeria Debt Crisis: Citizens Owe ₦100,000+ Each
Shocking new data reveals Nigerian states' debt burden has skyrocketed, with Lagos and Edo citizens bearing the heaviest load. Discover how this affects everyday Nigerians and what it means for the economy.
FG Plans Electricity Subsidy for Vulnerable Nigerians
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
Cross River Gets 440kWp Mini-Grid Power Boost
Four communities in Cross River State celebrate reliable electricity as REA's interconnected mini-grid project delivers 440kWp of clean power, transforming lives and boosting local economy.
Nigeria's Metering Crisis: 100K vs 7M Target
Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.
Man Accuses Regina Daniels of Unpaid Debt, Sparks Drama
A Nigerian man's public claim of unpaid debt involving actress Regina Daniels has gone viral, with the man providing updates and netizens divided in their reactions.
Court Freezes Nestoil Assets in $1B Debt Case
Federal High Court issues Mareva injunction against Nestoil, freezing company assets amid explosive $1 billion debt case with Sahara Energy. Legal battle reveals corporate financial tensions.
Man begs Regina Daniels to settle car service debt
A Nigerian man's desperate plea to actress Regina Daniels to pay outstanding car service debt goes viral, sparking reactions across social media platforms.
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