Monday, December 15, 2025
26.4 C
Lagos

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Kayode Kolade, 51, Wins Inaugural Heirs Insurance Retirement Dream Competition

L–R: Patrick Okorie, Regional Head, South, Heirs General Insurance;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

Business

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

The Nigerian Institute of Public Relations (NIPR) has once...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

NGX T+2 Settlement Cycle ‘Goes Live’ Event

L – R: Chinwendu Ekeh, Head, Operations & IT,...

Insurance

Heirs Insurance Travel Festival Draws Thousands, Signals a New Era for Inclusive Travel Ecosystem for Africans

L-R: Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group;...

Kayode Kolade, 51, Wins Inaugural Heirs Insurance Retirement Dream Competition

L–R: Patrick Okorie, Regional Head, South, Heirs General Insurance;...

SanlamAllianz Nigeria Wins .NG Insurance Website of the Year 2025

SanlamAllianz Nigeria's website/portal, www.sanlamallianz.com.ng, has been adjudged winner of...

Leadway Assurance, AGRA, NADF, Verdure Climate Advance Agric Insurance Solutions

Leadway Assurance, one of Nigeria's leading insurance providers, has...

AIICO Launches All-in-One Financial Protection for Nigeria’s Underserved Population

L-R: Mr. Mike Eko – (Novus Agro Limited) Mr. Oluwatosin...

GE Power Releases Whitepaper on Digitization of Energy Transmission, Distribution in Africa

As Africa faces emerging opportunities to help deliver efficient, affordable and reliable electricity to consumers, GE Power’s Grid Solutions business yesterday unveiled a whitepaper on the “Digitization of Energy Transmission & Distribution in Africa.”

The paper explores the opportunities and challenges faced in Sub-Saharan Africa as the new future of energy and electrification emerges.  The paper also looks at the role of smart technology to transform grids as they continue to reflect the changes in the way energy is generated, distributed, traded, managed and stored.
Co-authored by the Strategic Marketing unit of GE Power in Sub-Saharan Africa and Energy & Environment Research Analysts of Frost & Sullivan, the white paper presents several challenges that affect energy access and power supply stability in Africa.

They include inadequate power generation but more significantly, low levels of electrification caused primarily by faulty, aged or wrong setup of transmission and distribution infrastructure.
With the digital transformation of the energy sector rapidly gaining traction on a global scale, new opportunities are emerging to help deliver efficient, affordable and reliable electricity to consumers. According to the whitepaper, smart grids can create the potential to combat SSA’s power sector challenges, and provide the opportunity for the region to develop its energy capabilities and, therefore its energy security as well as security of supply.

The digital transformation of grids allows users to take a holistic approach to achieve efficiency, flexibility, transparency and long-term sustainability.

Information Communication Technology Integration will support real-time or deferred bi-directional data transmission that will enable stakeholders to efficiently manage the grid through increased speed and volume of data output, providing utilities the opportunity to maximize cost reductions, increase power reliability and increase customer satisfaction

Wide Area Monitoring and Control ensures visibility into the power systems to observe the performance of grid components allowing for major cost-saving benefits associated with predictive maintenance and self-diagnosis.

Smart technology like Intelligent Electronic Devices (IEDs), Advanced metering infrastructure and grid automation ensure seamless transition and integration of renewable generation or micro-grids where necessary; predictive maintenance in distributed grids to reduce outages; and effective revenue management.

“Transmission and distribution networks are seen to be the weakest links in Africa’s power systems and hence represent a huge opportunity area for improvement,” said Lazarus Angbazo, CEO, GE’s Grid Solutions business, Sub Saharan Africa.

“Going forward, there is a need to move beyond simply maintaining and repairing aged infrastructure. To truly advance the power sector, a holistic approach needs to be adopted; one that ensures sustainability, reliability and longevity of power supply. By utilizing internet of things (IoT) technology, the smarter grids of tomorrow will deliver all-encompassing solutions based on the convergence of operating technology (OT) with information technology (IT) and incorporating emerging concepts such as distributed generation and energy storage,” he further added.
Smart grids will play a key role in the region’s transition to a sustainable energy system through facilitating smooth integration of new energy sources; promoting interoperability between all types of equipment; enabling the growth of distributed generation and its potential incorporation into the main grid; supporting demand-side management; and providing flexibility and visibility of the entire grid. GE’s grid solutions six-step process highlighted in the whitepaper will help utilities along the digitization journey of their energy infrastructure.

Hot this week

Diesel Supply Disruptions: Quality of Service Challenges in Abuja

The Nigerian Communications Commission (NCC) is aware of the...

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

NCC Promises Seamless Quality of Service Despite Challenges in Abuja

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

Stanbic IBTC FUZE Festival Returns with The Ultimate Show on Saturday, Dec 20

Stanbic IBTC, a member of Standard Bank Group, has...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

Topics

Nigeria Seeking $11bn World Bank Loan

Nigeria is holding talks with the World Bank to...

ZTE Signs 5G R&D MoU with SoftBank

ZTE says that it has signed a deal with Japan's SoftBank to collaborate on research and development on pre 5G networks technology. Under the MOU, the two companies will cooperate on R&D, evaluation and verification of mobile communications solutions based on ZTE's Pre5G technology, including Massive MIMO (multiple input multiple output).

MTN Group Appoints Rob Shuter New CEO

Rob Shuter is MTN’s new CEO. This was revealed...

Stock Market Slightly Upturns After Bearish Run… ASI Up 1bp

The local bourse slightly upturned at the close of trade...

Ford Drivers to Get Traffic App, Waze, from April 2018

Ford yesterday announced, at Mobile World Congress, in Barcelona,...

Nigerian, Shola Taylor Appointed Secretary-General of CTO

A Nigerian, Shola Taylor has been appointed secretary-general of the Commonwealth Telecommunications Organisation (CTO), an international treaty organisation headquartered in London. Mr Taylor is expected to start in this new role on 17 September this year. A Nigerian citizen, Mr Taylor is currently the chief executive officer of Kemilinks International, a global ICT consultancy firm based in Lagos. A telecommunications engineer by training, he brings to the CTO over 35 years of global experience in ICTs with government and the private sector. Previous positions held include regional director for Africa at Inmarsat (1994 - 1999), space technology coordinator for developing countries at the International Telecommunication Union (ITU, 1993 - 1994) and project director, also at the ITU (1987 - 1993).

IATA Postpones 2020 AGM over COVID-19

  The International Air Transport Association (IATA) announced the postponement...

NCDMB Launches ‘Champions of Nigerian Content Awards’

The Nigerian Content Development Monitoring Board (NCDMB), in partnership...
Exit mobile version