Business
4 Questions to Help You Find the Best Current Transformers
What could be worse than arriving at a site to install a meter only to find that you are not equipped with the appropriate current transformer (CT)? As the saying goes, a craftsman is only as great as his tools; not having the right ones is not only a waste of time but also money. However, itentirely avoidable if you pre-plan this the right way.
Today you can easily find a current transformer available in a variety of sizes, styles, and amperage ranges. Some of them also vary in terms of accuracy and output as well. With so many variables, it is often challenging to choose the right transformer for a project.
However, selecting the right current transformer can be simplified by answering a few questions about your goals, site, and the project in hand. In fact, you may be able to straighten out of some of these details even before checking out a project site! That said, let us look at some basic questions that you must answer to choose the right option and save yourself plenty of troubles down the road!
What Power Meter Are You Using?
You need to understand that because a CT agrees with a meter doesn’t mean that it is your best option. In fact, your meter choice has a considerable impact on your CT choice.
So, you need to check if your meter is better for mV output CT or amp output? You must also check if the meter will be installed permanently, or are you planning to move the meter from one location to another?
How Many Amps Do You Want To Measure?
Another important consideration is to know the number of amps that will be measured. This is something you are likely to know before you visit your site because it is something determined by the goals of your project. For example, if your purpose is to measure a lighting load in a small office, then the CT requirement will be relatively smaller compared to the one for a large establishment.
It is also important to keep in mind that CT performs best when the current flow is anywhere between 10-100% of the CT full-scale value. It would help if you also considered Rogowski coils that are easy to install and work with a wide range. It is also critical to keep in mind that you get the maximum CT accuracy when the load operates to CT’s full rating possible. If the load is under 20A, then it is not advisable to use Rogowski coil because it will be too huge for the load.
If you be moving the meter between multiple loads, then the best solution is to keep at least two different sets of CTs in your repository – one for the small load and one for a large load. This way you will remain covered for all kinds of project settings.
What Are Your Project Types And Goals?
If you are thinking about your project type and goals, then it is essential to know the purpose of the end data. For instance, if you are planning to do a measurement and verification project (M&V), then a standard accuracy meter will be enough to reach your project requirements. However, if you use a revenue-grade meter for tenant submetering, then you need a maximum amount of accuracy. This is when a revenue grade CT would be a perfect choice.
What Is The Duration Of Your Project?
If you are planning to move the meter around a lot, then split-core, clamp-on, and Rogowski coil CTs can be a bit inconvenient to uninstall. In any case, regardless of the CT you choose, it is always advisable to first de-energize the circuit and follow complete safety precautions in your manual to move the CT safely.
If you have read enough and still feel unsure about the best CT for your project, then don’t hesitate to take help from an expert. Just discuss your project requirements and let them help you choose the right CT tailored to your needs.
Business
FG Approves ?758bn Bonds To Clear Pension Backlogs, Says PenCom
Business
Banks Must Back Innovation, Not Just Big Corporates — Edun
Edun made the call while speaking at the 2025 Fellowship Investiture of the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, where he reaffirmed the federal government’s commitment to sustaining ongoing reforms and expanding access to finance as key drivers of economic growth beyond four per cent.
“We all know that monetary policy under Cardoso has stabilised the financial system in a most commendable way. Of course, it is a team effort, and those eye-watering interest rates have to be paid by the fiscal side. But the fight against inflation is one we all have to participate in,” he said.
The minister stressed the need for banks to broaden credit access and finance innovation-driven enterprises that can create jobs for young Nigerians.
“The finance and banking industry has more work to do because we must finance their ideas, deepen the capital and credit markets down to SMEs. They should not have to go to Silicon Valley,” he said.
The minister who described the private sector as the engine of growth, said the government’s reform agenda aims to create an enabling environment where businesses can thrive, access funding, and contribute meaningfully to job creation.
Business
FG Seeks Fresh $1b World Bank loan To Boost Jobs, Investment
The facility, known as the Nigeria Actions for Investment and Jobs Acceleration (P512892), is a Development Policy Financing (DPF) operation scheduled for World Bank Board consideration on December 16, 2025.
According to the Bank’s concept note , the financing would comprise $500m in International Development Association (IDA) credit and $500m in International Bank for Reconstruction and Development (IBRD) loan.
If approved, it would be the second-largest single loan Nigeria has received from the World Bank under President Bola Tinubu’s administration, following the $1.5 billion facility granted in June 2024 under the Reforms for Economic Stabilisation to Enable Transformation (RESET) initiative.
The World Bank said the new programme aims to support Nigeria’s shift from short-term macroeconomic stabilisation to sustainable, private sector–led growth.
“The proposed Development Policy Financing (DPF) supports Nigeria’s pivot from stabilization to inclusive growth and job creation. Structured as a two-tranche standalone operation of US$1.0 billion (US$500 million IDA credit and US$500 million IBRD loan), it seeks to catalyse private sector–led investment by expanding access to credit, deepening capital markets and digital services, easing inflationary pressures, and promoting export diversification,” the document read.
The document further stated that Nigeria’s private sector credit-to-GDP ratio stood at only 21.3 per cent in 2024, significantly below that of emerging-market peers, while capital markets remain shallow, with sovereign securities dominating the bond market.
To address these weaknesses, the DPF will support the implementation of the Investment and Securities Act 2025, operationalisation of credit-enhancement facilities, and introduction of a comprehensive Central Bank of Nigeria rulebook to strengthen risk-based regulation and consumer protection.
The operation also includes measures to deepen digital inclusion through the passage of the National Digital Economy and E-Governance Bill 2025, which will establish a legal framework for electronic transactions, authentication services, and digital records.
Beyond the financial and digital sectors, the programme targets reforms to lower production and living costs by tackling Nigeria’s restrictive trade regime. High tariffs and import bans have long driven up consumer prices and constrained competitiveness, particularly for manufacturers and farmers.
Under the proposed reforms, Nigeria would adopt AfCFTA tariff concessions, rationalise import restrictions, and simplify agricultural seed certification to increase the supply of high-quality varieties for maize, rice, and soybeans. The World Bank projects that these measures will help reduce food inflation, attract private investment, and enhance export potential.
The operation is part of a broader World Bank FY26 package that includes three complementary projects—Fostering Inclusive Finance for MSMEs (FINCLUDE), Building Resilient Digital Infrastructure for Growth (BRIDGE), and Nigeria Sustainable Agricultural Value-Chains for Growth (AGROW)—all focused on expanding access to finance, strengthening institutions, and mobilising private capital.
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