Blackouts Archives

Constant blackouts cost Nigeria 10% of GDP annually — Report

Constant blackouts and inadequate grid supply are costing Nigeria approximately ten per cent of its Gross Domestic Product annually, according to an economic brief released by a financial expert, Martins Itua. Vanguard reported that the Director of Arthur Group, Mr Itua, stated that the heavy financial burden of self-generated electricity has become the primary barrier […]

aadelekepdnlimited-com
7th June 2026
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Electricity

Blackout looms as gas suppliers stop deliveries to thermal plants

Nigeria’s electricity challenges could intensify in the coming weeks as gas suppliers suspend deliveries to thermal power plants, citing an estimated N3.3 trillion debt owed by power generation companies. The move threatens to worsen the country’s ongoing power shortage. The Chief Executive Officer of the Association of Power Generation Companies, Dr. Joy Ogaji, warned in […]

monwubukepdnlimited-com
12th March 2026
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AMCON recovers N165bn from bank debtors in H1

Over 90% of informal workers abandon personal pension

Oando plans power generation from abandoned oil wells

Senate replaces outdated insurance law with new regulatory

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Tag: Blackouts

Constant blackouts cost Nigeria 10% of GDP annually — Report

Blackout looms as gas suppliers stop deliveries to thermal plants

Snapchat introduces real-time music sharing feature for users

UK snubs Nigeria, waives proof-of-funds demand for Tunisia,.

Hugging face CEO demands OpenAI release records of.

Customs recovers ₦30bn in import duties, moves to.

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