Simba Group, distributors of Luminous power back up solutions including inverters, batteries and solar powered systems, have unveiled a ‘first of its kind’ Luminous Solar Tall Tubular battery into the Nigerian market. The battery which is optimized for solar applications, is made with patented technologies to offer fast charging and[Read More…]
Tag: power
Bhojsons powerhub introduces amaze power back up solution into Nigerian market
In attempt to deepen it’s market share, a subsidiary of the Bhojsons Group – Bhojsons Powerhub, Nigeria’s emerging power solutions company has introduced Amaze Power Back Up solution into the Nigerian market. The launch of Amaze – one of the leading Power Back Up brands in India, was held during[Read More…]
NNPC records 16% increase in gas supply to Power in November
The Nigerian National Petroleum Corporation (NNPC) said that the daily average natural gas supply to gas-powered plants in November 2019 increased by 16.53 per cent to 645 mmscfd. The Corporation disclosed this in its Monthly Financial and Operations Reports (MFOR) released in Abuja, on Sunday. The increment, it said was[Read More…]
Electricity prices are tumbling for generators, why not for consumers?
The prices big power generators receive have collapsed, but don’t expect that to show up on your power bill any time soon – if ever. Average active wholesale contract prices have fallen roughly 36 per cent over the past three months. Forward prices are depressed way off into the future[Read More…]
Consumers will enjoy uninterrupted power supply in no distance time – Momoh
James Momoh, chairman of the Nigerian Electricity Regulatory Commission (NERC), says he has a dream that Nigerians will enjoy uninterrupted electricity supply one day. This is coming less than five days after the national grid collapsed twice within two hours, causing blackout across the country. The Transmission Company of Nigeria[Read More…]
Consumer TV
FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]