
Category: Business News
Business News

Vandals destroy 108 transmission towers, FG alleges sabotage
It was gathered that the vandals destroyed 132kV double circuit power transmission lines, 330kV double circuit lines, and carried out soil excavation that threatened transmission towers, as the Federal Government described the development as sabotage.

NCDMB’s support is causing us to think upgrades, additional investments
The NOGICD Act, enacted in 2010, is aimed at domiciling local oil and gas industry capacities.

Ikeja Electric: We’ve spent close to N250m to replace faulty 15MVA power transformer in Ikorodu communities
The replacement will increase the availability of supply from the previous three hours to a minimum of twelve hours daily. This would be based on the service band tariff class associated with the feeders.

TCN restores power supply to Sokoto, Kebbi restoration process ongoing
“We are diligently working to extend this restoration to Kebbi State and other areas affected by the unfortunate Birnin Kebbi Substation fire incident that occurred on September 14th, 2023.”
Grid collapse after 421 days of stability, restoration ongoing, says TCN
The power supply restoration is sequel to the total grid collapse, which occurred at about 12.35 am, this morning, causing outage nationwide, after over 421 days of consistent grid stability.
The Nature Conservancy to showcase natural climate solutions at the Africa Climate Summit
The Nature Conservancy’s sustainable finance solutions are incubating community-led carbon enterprises and supporting national governments to secure innovative financing mechanisms for conservation and climate action.

Shaping the Nigerian mining landscape: Nigeria Mining Week returns to Abuja in October
With the government’s commitment to creating a conducive business environment, the event will showcase the diverse investment prospects available in Nigeria. With a rich history of mineral resources, Nigeria stands poised to harness its mineral wealth for sustainable economic growth and development.”

James Urdang and Education Africa collection handed over to Nelson Mandela Foundation archives
“I am proud that Education Africa and my story is being recorded as part of the history of Nelson Mandela’s life. It’s a great honour,” said Urdang at the official handover at the Nelson Mandela Foundation in Houghton, Johannesburg.

GASTECH 2023 to showcase climate-focused innovation and create credible, tech-enabled routes to net zero
Within the Climatetech zone, Gastech 2023 will also – for the first time – host a European Pavilion, organised by the European Innovation Council of the European Commission.

Adelabu resumes as Minister of Power, pledges commitment to improve sector
The Permanent Secretary, Mr. Temitope Fashedemi handed over the mantle of leadership of the Ministry to the Hon. Minister after the Ministers swearing in ceremony at the State House conference centre in Abuja by Mr. President