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AFC and Harith merge to bring power to Africa
27-06-2016 | 10:12:00
Harith General Partners (Harith) and Africa Finance Corporation (AFC), two preeminent institutional investors based in Africa, have merged their power sector assets, expertise and experience to create a new energy entity combining both renewable and non-renewable power generating assets in Africa.
Bank of Industry Commissions 24KW Off-Grid Solar Power in Kaduna
26-05-2016 | 10:20:00
The Bank of Industry (BoI) has commissioned a 24KW micro-grid solar system in Charwa/Chakun, an off-grid community in Markafi local government area of Kaduna State.
United Capital Pools N51 Billion Loan for Power Firms
24-05-2016 | 11:09:00
United Capital Plc, in partnership with United Bank for Africa (UBA) Plc, has assigned bank guarantees valued at N50.59 billion to the Generation Companies (GenCos) on behalf of the Nigerian Bulk Electricity Trading (NBET) Plc.
Zenith Bank, Agence Francaise de Development Sign $100m Power Sector Credit Facility
17-05-2016 | 11:00:00
Zenith Bank Plc of Nigeria and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, have signed a US$100 Million power sector credit facility.
Huawei Introduces G-Power Smartphone in Nigeria
01-03-2016 | 11:03:00
Huawei has launched its mid-range phone the G-Power into the Nigerian market in partnership with Jumia, having stunning displays in select high traffic location within Lagos State.
Japan Extends Nigeria $800m Credit for Jebba Power Plant Rehabilitation
16-02-2016 | 12:00:00
The Japanese government as part of its support for Nigeria’s power sector has offered $800 million credit line to Nigeria that will be used to rehabilitate and extend the lifespan of the Jebba power plant.
Huawei Launches the Power Sharing Formula in Nigeria through Jumia
15-02-2016 | 12:43:00
For the past couple of weeks, the Nigerian public has been speculating and trying to guess what #ThePowerOfSharing! Nigerians can heave a sigh of relief as Huawei is launching the Huawei G-Power #ThePowerOfSharing exclusively on Jumia in Nigeria.
Nigeria targets 1,500MW from nuclear power generation
10-12-2015 | 10:28:00
The Energy Commission of Nigeria (ECN) has said that an energy demand study, which it conducted in 2010, had projected that by 2020, Nigeria would be generating 1,500 megawatts (MW) of electricity from nuclear sources.
Dangote to build 500mw Diagnostic Center in Kano, Nigeria
01-12-2015 | 12:52:00
Dangote Group has concluded preliminary arrangements to build a multi-million naira 500mw electricity plant for the benefit of the people of Kano and its environs.
Shiroro Hydro Plans 300Megawatts from Solar Power Plant
01-12-2015 | 12:29:00
Shiroro Hydroelectric Power Station has unveiled plans to construct a 300megawatts (Mw) photo voltaic solar power plant on the existing plant premises which was conceded to the North-South Power Company (NSP) Limited on November 1, 2013.