Category: Business News
Business News
Power generation rises to 4,089MW, as inadequate facilities hinder distribution
“While the DisCos are not exonerated from responsibility for performance failures, it would be unrealistic to reach related conclusions without taking into consideration the factors that have been listed previously, as well as the FGN’s contributions to these challenges.
Ikeja Electric reiterates commitment to metering as 140 graduate from Metering Academy
The CEO who was represented by Chief Financial Officer (CFO), Ikeja Electric, Mrs. Sequinat Akinwunmi, said the training was done in collaboration with the National Power Training Institute of Nigeria (NAPTIN) and the Energy Training Centre (ETC).
NNPC now free from institutional regulations, says Buhari
“It will, of course, conduct itself under the best international business practice in transparency, governance, and commercial viability.”
MENA Power Projects Forum 2022 to focus on US$250 billion worth of upcoming power projects in MENA region
er and utilities companies will have enough businesses as governments in the MENA countries plan to implement US$250 billion worth of power projects including US$93 billion worth of committed projects and US$157 billion worth of planned projects between 2021 and 2025
Schneider Electric creates professional education platform to address the Data Center talent shortage
Prior to its acquisition by Schneider Electric in 2006, members of the Data Center Science Center at APC™, Schneider Electric’s flagship brand of battery back-up power, surge protection, and IT physical infrastructure for data centers and edge computing environments, created the ‘Data Center University’ as a free resource to help train and upskill the next generation of industry professionals.
Grid collapse: FG blames terrorists for sabotaging rehabilitation efforts
According to Aliyu, the transmission infrastructure is being vandalised after every effort to install new ones; forcing the government to resort to alternative but less efficient ways to supply electricity to affected areas in Maiduguri. He added that TCN officials could not access some vandalised power infrastructure in Shiroro, Niger State, as they are situated within terrorist strongholds.
Heirs Oil and Gas Ltd, ND Western Ltd compete to buy Shell’s stake in Nigerian oil fields
Heirs Oil and Gas Ltd. and ND Western Ltd. are vying for Shell’s 30% stake in the joint venture, which manages assets in the Niger Delta and offshore areas.
Schneider Electric debunks Cybersecurity misconceptions, promotes edge computing
According Schneider Electric, Forrester the American market research companycalled 2021 the year for Edge Computing, having predicted that the technology would move from experimentation to mass deployment.
Lagos State off-grid electrification strategy and action plan announced
The Lagos State Government, through the Ministry of Energy and Mineral Resources, yesterday announced that it had developed the strategy and action plan with support from the British-funded Africa Clean Energy Technical Assistance Facility (ACE-TAF).
Electricity workers give TCN 14 day strike notice over pending issues
Under the aegis of the National Union of Electricity Employees, NUEE, the workers among others, decried the management refusal to address complaints arising from 2021 promotion exercise.