
Category: Business News
Business News

Industrial action: National power grid suffers as Union members switched off power system network
“Inspite of this setback, we are set to restore the grid as quickly as possible. The Ministries of Power and Labour and Employment are currently meeting with the Union Officials in order to resolve the issues.”

Spotlight on electrical safety to reduce casualties
August is Electricity Safety Month, and as such, South African state utility Eskom is stepping up communication about the safe use of electricity across the country, in an effort to stem the increasing number of public injuries and fatalities related to electricity.

24 hours power supply: Ikeja Electric signs tripartite agreement with Enaro Energy and Ayobo community
The initiative is in line with the Nigerian Electricity Regulation Commission goal of ensuring there is reliable and steady power supply across communities in the country through partnerships between Distribution Companies and Independent Power generators.

WAPP set to launch liquidity enhancement fund as chairman lauds financial transparency
The West African Power Pool (WAPP), is planning to create a Liquidity Enhancement Revolving Fund, LERF, for the ECOWAS Regional Electricity Market.

REA partners InfraCredit to remove bottlenecks involved in accessing off-grid infrastructure financing
The MoU is designed to deepen and strengthen the strategic partnership between the REA through the Solar Power Naija (SPN) Programme and InfraCredit in a bid to catalyse long-term local currency investments into the Nigeria solar off-grid space.

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.