Business Hilights

Tracking Nigeria's Headline Business News Online

Mr. Usman Mohammed

Lagos 2019 Power Nigeria summit to review challenges as supplies worsen

The current drop in supplies of electricity nationwide due to issues bordering on transmission crisis despite upon the $1.63bn intervention so far made by the government arm of the industry, the Transmission Company of Nigeria (TCN) will take centre stage…

Lagos risks darkness if Eko, Ikeja Discos fail TCN’s MO condition

Time is ticking away for the two electricity Distribution Companies (Discos) serving Lagos if they fail to meet up the required amount established by Market Operator (MO) to serve as a form of guarantee of payment for all amounts to…

Impacts of recovered 690 abandoned electricity equipment containers emerging—FG

More stability of electricity nationwide is underway as the Federal Government have started putting parts of the recovered 690 out of 800 containers of electricity equipment abandoned at the port for 10 years by previous administrations to work. Speaking at…

Ikeja Disco takes delivery of 100MVA transformers from TCN in Alimosho area of Lagos

The Transmission Company of Nigeria (TCN), as part of continuing incremental power supply, has commissioned 100 MVA transformers at 132/33KV Alimosho substation. The substation will boost electricity supply to residents within Ikeja Disco. In his remarks at the commissioning of…