News
Transmission company struggling to restore power after grid collapse
Transmission Company of Nigeria says it is working to restore power after blackouts engulfed the country following another collapse of the power grid on Monday night. Power generation fell to zero and by Tuesday morning some plants in the capital Abuja and parts of the commercial city were coming online. Daily average supply has hovered around 4,500 megawatts in recent times until the sixth collapse this year. Nigeria’s grid has shut down due to aging power infrastructure, vandalism and inadequate gas supply for its thermal plants which accounts for over 75% of output.
-
Finance22 hours agoAfreximbank delivers strong half-year 2026 performance, driven by robust growth and profitability
-
News2 days agoTinubu’s fuel subsidy removal enriched governors, made life unbearable for Nigerians: Donald Duke
-
Oil and Gas22 hours agoOil falls ahead of US announcement of new sanctions on Iran
-
News22 hours agoMTN foundation, UN women partner to empower 200 rural women entrepreneurs
-
Oil and Gas22 hours agoN’Delta coalition backs Senate, demands EFCC, CCB probe of Kyari on PH Refinery
-
Finance2 days agoShareholders seek deadline extension for insurers recapitalisation
-
Oil and Gas2 days agoKAGOTE isn’t against oil resumption in Ogoni, but conducts of few in ODC
-
Business22 hours agoNAFDAC orders nationwide recall of banned alcoholic beverages
