Thursday, 1st December 2022
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NBET

7 Nov
Despite epileptic power supply and frequent blackouts owing to national grid collapse, electricity consumers in the country paid N258.91 billion for electricity in the first seven months of 2022, the latest report from the Nigeria Bulk Electricity
7 Sep
The Federal Government is wooing more investors into the Nigerian power sector following a move by Turkish Energy Firm EXIST – (Energy Exchange Istanbul) to invest in sustainable energy for manufacturers and other sectors of the nation’s economy.
27 Aug
The House of Representatives Committee on Finance yesterday drilled the Nigerian Bulk Electricity Trading (NBET) company over power purchase agreements that have failed to stabilise electricity supply in the country.
26 Aug
The Nigerian power sector may wallow in investment deficits and dismal performance if the National Assembly and the Federal Government fail to respect the sanctity of contracts, especially the $1 billion investment....
2 Jun
The COVID-19 pandemic, with its several waves since its outbreak in early 2020, has been a key factor in slowing progress toward universal energy access. Globally, 733 million people still have no access to electricity, and 2.4 billion people yet cook using fuels detrimental to their health and the environment.
13 Apr
The Nigerian Bulk Electricity Trading (NBET) Plc. says it is in the process of finalising a Power Purchase Agreement (PPA) with Mabon Hydro Power Plant for 40 MW of electricity.
18 Mar
Reports say the collapse occurred on Monday. The darkness had been creeping in for months, with authorities managing the sector seemingly dropping hints that it was on the way
17 Mar
Worsening foreign exchange crisis in Nigeria and ramping down of power generating machines, which have reportedly downed about 14 power plants, has pushed maintenance cost of electricity generation companies (GenCos) to about $4.78 billion.
24 Nov 2021
The Nigerian Electricity Regulatory Commission (NERC), yesterday, renewed licence of Nigerian Bulk Electricity Trading Company (NBET) for another three years.
20 Oct 2021
Nigerian Bulk Electricity Trading (NBET) Plc has stated that it processes an average of N60 billion worth of electricity monthly from the national grid, translating to about N720 billion every year.
10 Sep 2021
The Federal Government has supported the supply of electricity in the country with about N1.3 trillion as the Distribution Companies remitted N26.8 billion in June this year.
9 Aug 2021
The failure of Federal and state governments, as well as their ministries and agencies to pay over N100 billion outstanding electricity bills, is currently worsening the liquidity crisis

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18 mins ago
Operatives of Anambra State Police Command, yesterday arrested a suspected kidnap kingpin, Matthew Nwankwo, who has been on the run for over seven years. The Guardian gathered that Nwankwo has been on the run since July 2015 after the demolition of his house in Nteje village, Oyi Local Council of the state. An eyewitness said…
46 mins ago
The National Population Commission (NPC) has drummed support for women's empowerment and gender equality as provided by the 17 Sustainable Development Goals (SDGs).
59 mins ago
South Africa's ruling ANC party will hold emergency talks Thursday, the day after a report into scandal-hit President Cyril Ramaphosa paved the way for his possible impeachment. Pressure has mounted on the president after a special panel probing a burglary scandal at Ramaphosa's farm concluded that there was enough evidence to warrant a parliamentary debate…
1 hour ago
Operatives of Lagos State Traffic Management Authority (LASTMA) on Tuesday, November 29, 2022, arrested two suspected kidnappers: Monday Amhe and one Joy, for abducting a woman around Presbyterian Church, Yaba, Lagos.  The agency’s Director, Public Affairs Department, Adebayo Taofiq said that the two suspected abductors were arrested by a team of the agency’s personnel from Somolu zone, while on patrol monitoring traffic…
1 hour ago
Gospel music minister, Paul Tomisin, is back with a single entitled, 'Adura', a Yoruba word for prayer, to give believers access to the work Jesus Christ finished for them on the Cross of Calvary.