26 h. ago New Hampshire Capital announces new prepaid meter Prices for Ikeja Electric

New Hampshire Capital, a Meter Asset Provider (MAP), has announced new prepaid meter prices under the Meter Asset Provider (MAP) read more New Hampshire Capital announces new prepaid meter Prices for Ikeja Electric

Politics

6 d. ago Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss

Tribune Online Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss EFFORTS by Nigerian banks to take over Sahara Group’s power assets may be complicated by the deepening financial woes of Ikeja Electricity Distribution Company (Ikeja DisCo), which posted a pretax loss of N25.2 billion for the full year ended December 31, 2023. The company’s latest financials revealed worsening fundamentals that raised red flags for potential […] Mounting deficits raise concerns over bank takeover as Ikeja Electric reports N25bn pretax loss Tribune Online

Politics

6 d. ago Blackout hit parts of Lagos, Ogun as fire guts Egbin Power, damages transformer

The Transmission Company (TCN) of Nigeria said a fire incident at Egbin Power Plc at about 6:30am on Tuesday affected read more Blackout hit parts of Lagos, Ogun as fire guts Egbin Power, damages transformer

Events

7 d. ago Egbin Power, Ikeja Electric, First Independent Power not in receivership – Management

Egbin Power Plc, Ikeja Electric Plc (IE) and First Independent Power Limited (FIPL) have refuted false media reports originated from read more Egbin Power, Ikeja Electric, First Independent Power not in receivership – Management

Politics

7 d. ago Egbin Power, Ikeja Electric, First Independent Power Ltd not in receivership —Management

Tribune Online Egbin Power, Ikeja Electric, First Independent Power Ltd not in receivership —Management CONTRARY to the news making the round, Egbin Power Plc, Ikeja Electric Plcm (IE) and First Independent Power Limited (FIPL), have refuted media reports al- leging the appointment of “Kunle Ogunba Esq. SAN” as Receiver/Manager over the entities. This was contained in a statement on Wednesday by the Chief Legal and Regu- latory Officer, Ikeja […] Egbin Power, Ikeja Electric, First Independent Power Ltd not in receivership —Management Tribune Online

Politics

7 d. ago Egbin Power Transformer Fire Disrupts Electricity Supply In Parts Of Lagos, Ogun

A faulty transformer at Egbin Power Plc has sparked a fire yesterday, causing a significant disruption to the electricity supply in parts of Lagos, the Transmission Company of Nigeria (TCN), has reported. TCN’s general manager, Public Affairs, Ndidi Mbah, who made this known said the incident originated from a faulty 33kV instrument transformer owned by […]

Politics

7 d. ago Court places Ikeja DisCo, KEPCO in receivership worsening Nigeria’s power woes

A Lagos High Court has taken control of Ikeja Electric and KEPCO Energy Resources, two major players in the country’s read more Court places Ikeja DisCo, KEPCO in receivership worsening Nigeria’s power woes

Politics

7 d. ago BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL

 …Appoints Receiver/Manager By Adewale Sanyaolu FBNQuest Trustees Limited, a subsidiary of FBN holdings has appointed a receiver/manager for KEPCO Energy Resources Limited, a special purpose vehicle for Sahara Energy Resources  Group Limited, owners of Egbin Power, Ikeja Electric and First Independent Power Limited(FIPL). In executing the takeover, FBNQuest has appointed Kunle Ogunba and Associates as […] The post BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL appeared first on The Sun Nigeria.

Politics

1 week ago Ikeja Electric inaugurates Kwaru 15MVA injection substation to boost power supply

By Adewale Sanyaolu   Ikeja Electric Plc has inaugurated a new, cutting-edge Kwaru 15MVA injection substation in Abaranje, Ikotun area of Lagos State, Nigeria. The power infrastructure is set to drastically improve power supply quality and reliability for thousands of residents and businesses within the rapidly developing Ikotun corridor. The commissioning ceremony, held at the […] The post Ikeja Electric inaugurates Kwaru 15MVA injection substation to boost power supply appeared first on The Sun Nigeria.

Politics