DisCos generate nearly ₦600bn revenue in Q1 despite power shortages
Electricity Distribution Companies in Nigeria generated approximately N600bn in revenue during the first quarter of 2026, according to the latest industry data…
Electricity
Electricity news and updates
Anambra signs four electricity laws to boost supply
The Anambra State Electricity Regulatory Commission has announced that four new regulatory bills have been signed into law as part of efforts…
Power outages cost Nigerian firms 3% annual sales — AfDB
Power outages are costing Nigerian businesses an estimated three per cent of their annual sales, forcing firms to spend heavily on alternative…
Obi pledges 10,000 MW power increase in four years if elected
Peter Obi has pledged to increase Nigeria’s electricity generation and distribution capacity by at least 10,000 megawatts within four years, representing a…
Epileptic power supply continues as generation drops below 3600MW
There are indications that Nigerians and businesses may continue to grapple with an epileptic electricity supply. Generation dropped on Thursday to 3,527.76…
Over five million Nigerians still lack prepaid metres in 2026 — NERC
About 5.1 million consumers, representing about 41 per cent of Nigeria’s 12.31 million active electricity customers were without prepaid meters as of…
Lagos may scrap electricity band classification – Energy commissioner
The Lagos State Commissioner for Energy and Mineral Resources, Biodun Ogunleye, says the state government is considering scrapping the current classification of…
NDPHC pledges extra 1,500MW power boost for Lagos
The Managing Director and Chief Executive Officer of Niger Delta Power Holding Company, Engr. Jennifer Adighije, has said the company is ready…
TCN to shut down power for six hours in Ogun communities
The Transmission Company of Nigeria has announced a planned six-hour power outage affecting several communities in Ogun State on Thursday, May 14,…
Lagos issues 14 operators licences to boost electricity market reform
The Lagos State Government, through the Lagos State Electricity Regulatory Commission, has reaffirmed its commitment to deepening smart regulation and strengthening the…
Tegbe denies fixing power grid crisis in three months
The Minister-designate for Power, Joseph Olasunkanmi Tegbe, has denied reports claiming he promised to fix Nigeria’s power grid within three months, describing…
MainPower restores Enugu power after rainstorm cuts 12 communities
MainPower Electricity Distribution Limited says it has begun the repair of feeders affected by a heavy rainstorm in the Enugu metropolis. The…