Business Hilights

Tracking Nigeria's Headline Business News Online

Dr. Joy Ogaji

How Fashola left without setting template for 10,000MW transmission capacity

At the onset of the just ended first tenure of President Muhammadu Buhari in 2015, the administration came with humongous assurance that it is setting up a template that will between 2016 and 2019, deliver template that will add 10,000MW…

Rising stranded capacity means TCN, Discos lacked capabilities—AGPC boss

At a time the Minister of Power, Works and Housing, Mr. Babatunde Fashola is forcing Nigerians to believe that 24 hours electricity supply is live, the Executive Secretary, Association of Power Generation Companies (APGC), Dr Joy Ogaji, has opened up…

Darkness looms in Nigeria as huge debt may distort gas supplies contract to Gencos

Following debt build up to the tune of over 92% payment shortfall to power generation companies (Gencos)  by the Nigerian Bulk Electricity Trading (NBET) Plc, indications emerged on Tuesday that nationwide light out is underway. It was gathered that the…

Power generation investors list three problems of Discos, decry monitoring gap

The leadership of Association of Power Generating Companies (APGC), has listed three key challenges frustrating the Nigerian power sector since the sector was privatized. The group however placed, more emphasis on Distribution Companies (Discos). In an interview, the Executive Secretary…