Power Sector
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Nigeria’s Former Power Minister Arrested Following 75-Year Fraud Conviction
Former Nigerian Power Minister Saleh Mamman has been apprehended in a pre-dawn raid in Kaduna, one week after being sentenced in absentia to 75 years for a ₦22bn corruption scandal.
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Adani Power Shares Slip After Rally Despite MSEDCL Win
Adani Power shares fell 2% on March 18, 2026, following a short-term rally, even as the company secured a significant 1,600 MW power supply contract with MSEDCL.