Category: Business News
Business News
Egbin Power honors employees for long service and outstanding performance
A total of 144 employees received the Long Service Award for completing a decade with the company as of May 2024.
Port Harcourt refinery begins operation July
the development would stimulate economic activities, reduce the price of petroleum products and ensure adequate supply.
N520bn monthly fuel import expected to drop as Dangote begins supply June
The promise of Dangote to end fuel import may be a relief to marketers and Nigerians, who are yet to fully recover from the recent fuel scarcity that nearly brought the economy to a halt in Lagos, Abuja and other parts of the nation.
TCN contractors working assiduously to restore power supply in the North East
We are committed to a quick restoration of bulk power on the line route.
Grid stability: disturbances decline by 76.47% in five years —TCN
The Company stressed further that no doubt there is room for improvement, and it will continue to work hard to further reduce the number of grid disturbances to the barest minimum.
TCN deploys GLDS digital solution to enhance grid reliability
This new innovation stands as a testament to the TCN commitment to advancing grid management capabilities.
Estimated hours of power supply: Stop misleading the public, TCN tells IBEDC
“While TCN sees this misinformation of IBEDC as a ploy to undermine and mislead the public against regular power supply, we remain focused on supporting the government’s move towards a more robust and efficient power supply.’
$2.3bn Siemens power project transformers, substations arrive Nigeria
The development came a few months after the Federal Government renewed the mega power project contract with the German government and Siemens, following several months of delays.
Egbin Power receives FG’s assurance on debt settlement, improved gas supply
By Oke Peter The Honourable Minister of Power, Adebayo Adelabu, has affirmed Federal Government’s commitment to gradually offset the debt owed Nigeria’s largest power generation company, Egbin Power, starting next month April, while noting that constraints of gas supply and foreign exchange are also being tackled. This was made known during the Minister’s visit to…
‘Africa has just six years to realise the water, sanitation and hygiene SDG’
Already Horn of Africa countries like Somalia, Ethiopia and Kenya are facing a sixth consecutive failed rainy season. This has led to severe hunger, with the World Food Programme reporting that 13-million people across these countries and the autonomous region of Somaliland are affected.