SEC SAYS T+1 SETTLEMENT ADOPTION GOING SMOOTHLY IN NIGERIA’S CAPITAL MARKET
The Securities and Exchange Commission, SEC, says the adoption of the T+1 settlement cycle in Nigeria’s capital market is going on smoothly. The Commission described the development as one that has enhanced market competitiveness and given relief to investors.
TEGBE ASSURES INDUSTRIES OF POWER SUPPLY, WARNS AGAINST ENERGY THEFT
The Minister of Power, Joseph Tegbe, has assured industries along the 132kV Ikorodu-Sagamu corridor of sustained electricity supply, while warning that the Federal Government will take firm action against energy theft, meter tampering and other practices undermining the power sector.
NISO BLAMES TRANSMISSION LINE OUTAGES FOR RECENT CHANGES IN POWER ALLOCATIONS
The Nigerian Independent System Operator (NISO) has attributed recent changes in power allocations to Distribution Companies (DisCos) serving Lagos, Abuja and the northern corridors to multiple transmission line outages and changes in network configuration.
TCN UNVEILS LOAD AND OUTAGE ANALYTICS PLATFORM TO BOOST GRID RELIABILITY
The Transmission Company of Nigeria (TCN) has unveiled a new Load and Outage Analytics platform designed to improve monitoring, analysis and management of the national transmission network.
TCN EXPLAINS TRANSFORMER FAULT, CLARIFIES CAUSE OF LEKKI OUTAGE
The Transmission Company of Nigeria (TCN) has dismissed as inaccurate a publication by the Eko Electricity Distribution Company (EKEDC) concerning an outage at the Lekki Transmission Substation, clarifying that its transformer did not trip unexpectedly as claimed.
FG LAUNCHES RAMCO TO END NEGLECT OF POWER INFRASTRUCTURE
The Federal Government has launched the Renewable Asset Management Company (RAMCO) as part of efforts to ensure the sustainable management of Nigeria’s power infrastructure and prevent the deterioration of assets after commissioning.
TCN EXPLAIN REASONS BEHIND TRIPPING OF 330KV LINES SUPPLYING ABUJA, BLAMES LOW GENERATION
The Transmission Company of Nigeria (TCN) has dismissed claims by the Abuja Electricity Distribution Company (AEDC) that the reduction in its electricity allocation was caused by the tripping of transmission lines supplying Abuja from the Shiroro Transmission Substation.
NISO CALLS FOR INTEGRATED HYDROPOWER PLANNING TO STRENGTHEN NIGERIA’S POWER GRID
The Nigerian Independent System Operator (NISO) has called for stronger collaboration among stakeholders in the power sector to improve hydropower generation, strengthen grid security and enhance electricity supply across the country.
NISO CALLS FOR STRONGER COLLABORATION TO BOOST GRID STABILITY
The Nigerian Independent System Operator, NISO, has called for stronger collaboration among power sector stakeholders to strengthen grid stability and reliability.
FG COMMISSIONS TRANSFORMER PROJECTS TO BOOST POWER TRANSMISSION CAPACITY IN LAGOS
The Federal Government has commissioned transformer projects across four transmission substations in Lagos State, adding 840MVA of transformer capacity to the transmission network and increasing bulk power availability to electricity distribution companies in the state.