Business Hilights

Tracking Nigeria's Headline Business News Online

Power Purchase Agreement (PPA)

Weak power infrastructure hitting Akwa-Ibom’s ‘Power for All’ campaign—Inyang

The Board Chairman, Ibom Power Company, Akwa Ibom State and the immediate-past Commissioner for Special Duties and former Senior Special Adviser (SSA) to ex-Governor Godswill Akpabio on Technical Matters, Engr. Etido Inyang has given insights on the efforts of the…

Why Dangote, others invested in 540MW Qua Iboe Power Plant

More details have emerged as to why leading industrialist and purposeful investor, Aliko Dangote joined Nigerian National Petroleum Corporation (NNPC) and Black Rhino Group, an African energy infrastructure company, to ink the Power Purchase Agreement (PPA) deal with the Nigerian…

FG to export unevacuated power to ECOWAS states

The federal government may have idealized a strategy to sale excess volumes of generated electricity by Gencos, than allowing the powers to stock away at plants. Nigeria currently generates well over 7,000MW, but can only distribute less than 4,500MW, leaving…