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TCN Blames Blackout On Gas Supply Constraints, Says “Grid Fully Restored”

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The Transmission Company of Nigeria (TCN) says the national grid has been fully restored.

The national power grid had collapsed in the early hours of Sunday, causing a blackout across the nation.

Speaking in a statement on Sunday, Ndidi Mbah, the general manager of TCN’s public affairs, blamed the incident on gas supply constraints that continuously affect the stability of the grid.

“The grid experienced a partial disturbance at about 11:21 Hours today with Ibom power islanded, feeding Eket, Ekim, Itu & Uyo transmission substations, during the period of partial disturbance,” TCN said.

“TCN initiated immediate restoration of the affected part of the grid, and presently, the grid is fully restored.

“Prior to the incident, total generation on the grid was 3,901.25 MW at 08:00 Hours, a little over three hours before the time of partial collapse.

“It is important to note that low power generation has persisted since January 2024, to date, exacerbating daily due to the lingering gas constraint.

“According to the National Control Center (NCC), the Internet of Things (IoT) was revealed just before the partial disturbance, which occurred at 11:21 Hrs. Today, Sapele Steam & Egbin Substations lost a total of 29.32MW & 343.84MW at 11:20:14Hrs & 11:20:17Hrs respectively, totalling 373.16MW.

“This, combined with the current low power generation due to gas constraints, caused the imbalance leading to the partial system disturbance.

“Gas constraints continue to impact grid flexibility and stability.”

Mbah, however, said ensuring sufficient gas supply to power generating stations is crucial for grid stability as sufficient generation allows for better grid management in the event of sudden generation losses.

She also said the transmission company will investigate the cause of the tripping of Sapele Steam and Egbin power generating units.

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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BIG STORY

JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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BIG STORY

Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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