Business Hilights

Tracking Nigeria's Headline Business News Online

Transcorp Power

Only Transcorp Power, Geregu are performing Gencos—Senate

Fresh reasons have emerged from the Nigerian Senate on why the 2013 privatization exercise of the nation’s power sector may be reversed sooner than later. Addressing newsmen recently, the Senate Committee on Power has disclosed that only two out of…

Transcorp Power mulls 25% electricity need, commissions $28.3m gas turbine

Leading blue chip, Transcorp Plc, has revealed fresh plans to generate up to 25 per cent of its total power capacity before the end of the 2018 as it inaugurates new $28.3m gas turbine. Transcorp Power Limited is a subsidiary…