Technology News

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Background

Business

Power Generation Slumps to 38MW

The Federal Government has said that the collapse of the national electricity grid that occurred the preceding day led to the crash in power generation from 3,713.1 megawatts to 38MW. A figured obtained from the Federal Ministry of Power showed that power generation on the grid as at 6am Monday was 3,713.1MW, but this plunged to 38MW around 10.51am. Federal Government’s electricity transmission company explained that the crash in power […]

today09/28/2022 3

Technology News

NITDA to Commence Regulation of Information Technology

The National Information Technology Development Agency, NITDA, has commenced regulation of Information Technology sector in order to protect citizens. Chief Executive Officer of the agency, Kashifu Inuwa, disclosed this while speaking during an IT workshop on artificial intelligence in Ibadan, Oyo state capital. Inuwa stated that the agency has introduced some enforcement measures to regulate the IT sector. The CEO maintained that the agency was doing this so as to […]

today09/27/2022 1

Business

NERC Plans N5billion for Technology Investments

The Nigerian Electricity Regulatory Commission, NERC, has said it will spend N5billion on Technology investments between now and 2025. Chairman of NERC, Sanusi Garba, disclosed this during a hearing on the Medium Term Expenditure Framework in Abuja. Garba revealed that N1.5billion had already being spent, adding that N2.5billion would be spent in 2023 and N1billion in 2025.

today09/06/2022 2

Business

98.75 million Registered SIMs Unused by Subscribers

Reports say telecommunication subscribers left 98.75million registered SIMs unused in the month of July. According to the Nigerian Communications Commission, the total number of SIMs in circulation remained over 300 million for the third consecutive month in 2021. Also, the total number of active lines sustained its ascendency to 208.61 million in July, with 2.52 million new subscribers joining the national active network in July.

today09/05/2022 3

Business

DisCos suffer N543billion revenue loss in 12 months

The total billing to electricity Consumers by the 11 Distribution Companies stands at N816billion. According to the Nigerian Electricity Regulatory Commission, NERC, this shows that out of this amount, only N370billion has been collected by the Discos, leaving a total outstanding of N543billion. The figures showed that 74.33 per cent and 66.50 per cent billing and collection efficiencies were recorded, indicating 8.44 and 1.34 percentage points decline when compared with […]

today09/05/2022 4

Business

Nigeria’s Power Generation Peaks

Nigeria’s power generation peaked at 5,043.4MW on Thursday, a significant improvement from the peak of 4,664.1MW. According to the Transmission Company of Nigeria, TCN, the lowest generation was 3,298.48MW, in contrast to 3,450.7MW recorded in the previous day. Meanwhile, total energy generated on Thursday stood at 102,875.3MWh, representing a 1.1% decline when compared to the 104,018.08MWh generated in the previous day.

today09/02/2022 3

Technology News

Pantami Tasks NCC on Effective Perfomance

Minister of Communications and Digital Economy, Isa Pantami, has tasked the Nigerian Communications Commission, NCC, on effective performance to ease challenges in the telecommunications sector. Pantami made this known during a two-day retreat jointly by the Federal Ministry of Communications and Digital Economy in Abuja. He noted that the federal government is committed towards improving the intellectual capacity of its employees. The Minister maintained that critical, analytical, creative, collaborative, project […]

today08/19/2022 3

Technology News

NUEE Insist on Planned Industrial Action

The National Union of Electricity Employees NUEE has said it will continue with the planned industrial action by electricity workers. This was disclosed by the National chairman of the union and Deputy President of Nigeria Labour Congress Joe Ajaero on Wednesday. Speaking further, Ajaero highlighted the major issues facing the union. The National Chairman faults the Federal Government in handling their demands.

today08/17/2022 1

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