Advisors Reports

October 21, 2024Generation News

Egbin Power diversifies gas supply sources to ensure uninterrupted operations, strengthen national grid stability

… Bounour, Egbin Power CEO advocates TCN, DisCos, regulators, gas collaboration for energy security Oredola Adeola Egbin Power has implemented strategic measures to diversify its gas supply sources, ensuring uninterrupted operations and reinforcing its commitment to national grid stability…

October 21, 2024Energy Transition Gas News Oil & Gas Renewables Solar Upstream

Heirs Energies CEO calls for stakeholders’ collaboration to address 70% energy deficit, ensure energy sufficiency for 200million Nigerians

… says “Gas-to-power solution is not just an option; it is the mainstay of Nigeria’s energy future” Oredola Adeola Osayande Igiehon, CEO of Heirs Energies Ltd, has urged energy stakeholders to collaborate in addressing Nigeria’s nearly 70% energy deficit and…

October 19, 2024Distribution News Power Transmission

NERC to hold public hearing on recurring grid disturbances, outages

… NERC, TCN trace Saturday disruption to transformer explosion at Jebba substation … grid recovery reaches 1,060MW after total collapse, still below expected 4,800MW output Oredola Adeola The Nigerian Electricity Regulatory Commission (NERC) has announced plans to conduct an investigative…

October 19, 2024Distribution Generation News Transmission

National grid suffers 3rd collapse in a wek, gradual restoration underway

Oredola Adeola The national power grid suffered yet another total collapse at 8:40 a.m. on Saturday, October 19, plunging the nation into darkness. At the time of the collapse, power supply across the grid dropped to 0 megawatts (MW),…

October 17, 2024Advertorial News Special Project Special Report

Techno Oil, others bag BOI award for integrity

Techno Oil Ltd has bagged the Bank of Industry (BoI) award for high ethical standards and integrity in their business operations. The company was honoured alongside May & Baker, Emzor Pharmaceuticals, Poly Products Nigeria Ltd., Falcon Corporation Ltd., Lucky…

October 17, 2024Energy Transition Generation Green Finance Local Content News Power Renewables Technology

Nigeria requires $135 billion to achieve Net-Zero power sector by 2060 – Nwanze, Heirs Energies Ltd. CFO

… charges FG to foster international partnerships to accelerate technology transfer, renewable energy deployment Oredola Adeola Samuel Nwanze, Executive Director and Chief Financial Officer of Heirs Energies Limited has estimated that Nigeria will require approximately $135 billion to fully decarbonize…

October 15, 2024Distribution Generation News Power Transmission

NERC hosts seminar for Supreme Court, Appeal Court justices on industry issues, adjudication, electricity act compliance

Oredola Adeola The seminar was organized by NERC in collaboration with the National Judicial Institute (NJI) at Ikot Ekpene, Akwa Ibom State, with the theme: ‘Reforms in the Electricity Sector towards Sustainability’ on Tuesday. Prof. Yusuf Ali SAN, the facilitator,…

October 15, 2024Distribution News Power Transmission

National grid suffers another collapse just 15 hours after initial failure

Oredola Adeola Barely 15 hours after the initial collapse which occurred on Monday, Nigeria’s national electricity grid, on Tuesday, October 15, 2024, suffered yet another system failure, bringing the entire country to a standstill. The latest collapse occurred around 10…

October 15, 2024Documentary Impact News Special Project

Olubunmi Familoni wins $100,000 NLNG Nigeria Prize for Literature 2024 with The Road Does Not End

… winning novel tells story of street life in Lagos, focuses on children who must fend for themselves Oredola Adeola Nigeria LNG (NLNG) has awarded its 2024 Nigeria Prize for Literature, focused on children’s literature, to Olubunmi Familoni for his…

October 14, 2024Distribution News Power

National grid collapses again, plunges Nigeria into total darkness at 6:48 PM

…50MW restored to Abuja, Benin DisCos around 8pm Oredola Adeola Nigeria’s national electricity grid suffered a total collapse around 6:48 PM, on Monday, October 14, 2024, causing the country’s power generation to drop to 0MW. Advisors Reports’ check however…