Business

IMF backs CBN’s rate cut

  • 15th October 2026

Forex reserves provide buffer against global shocks –

  • 15th October 2026

Universal Music begins fresh layoffs under €250m cost-cutting

  • 15th October 2026

Egyptian billionaire’s firm bags $2.2bn Rabigh 2 power

  • 15th October 2026

Contact Info

Some Populer Post

NAFDAC seizes fake packaging worth over ₦200m in Aba

Scams

NBA president to probe ₦100m Imo gift to Owerri

News

FG begins 17.7MW Oyo mini-grids, rules out tariff hike

Electricity

Nigeria’s inflation eases to 14.63% in September, fourth straight

Economy

Tag: MiniGrid

Electricity

FG begins 17.7MW Oyo mini-grids, rules out tariff hike

The Federal Government has begun construction of five interconnected mini-grid projects with a combined capacity of 17.7 megawatts in Oyo State, while ruling out any plan to increase electricity tariffs. The Minister of Power, Joseph Tegbe, announced the projects at their groundbreaking ceremony, saying the initiative would improve electricity access, support businesses and reduce dependence […]

Electricity

FG commissions 581kWp solar mini-grid in Kwara community

The Federal Government, through the Rural Electrification Agency, has commissioned a 581kWp interconnected solar mini-grid in Oke-Oyi community, Ilorin East Local Government Area of Kwara State. The project is part of efforts to expand electricity access and stimulate economic activities in underserved communities. Nayo Tropical Technologies Limited developed the project under the Rural Electrification Fund-Interconnected […]

Electricity

Mini-grids can de-risk Nigeria’s power sector — REA boss

Mini-grids are no longer just household rural electrification projects, they now represent a highly viable commercial model for electricity delivery capable of de-risking Nigeria’s power sector and attracting massive private capital. This was revealed by the Managing Director of the Rural Electrification Agency, Dr Abba Aliyu during the inaugural Samuel Ibiyemi Memorial Lecture in Lagos […]

Electricity

FG, GIZ strengthen regulations for solar mini-grids nationwide

The Federal Government is intensifying efforts to regulate and sanitise Nigeria’s rapidly expanding renewable energy sector. On Wednesday, the Deutsche Gesellschaft für Internationale Zusammenarbeit reinforced its technical partnership with the Nigerian Electricity Management Services Agency to enforce stricter regulatory standards for solar mini-grids and other clean energy systems. The German Development Cooperation, executed by GIZ […]

Nigerian firm seals $750k solar deal
Business featured

FG to provide subsidies for solar power developers 

The Rural Electrification Agency has revealed that the Federal Government intends to provide subsidies to developers of mini-grids powered by solar energy. The aim is to install these mini-grids at 150 electricity sites in seven states that are currently underserved or not served at all. The Punch reported that the Federal Government On Friday issued […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in