Honda Dylan SES125 Electrical Faliure. What could it be?

All going great with my Honda Dylan, but sometimes when I turn the key nothing happens - no lights, fuel gauge reading - nowt.

This has been a slight annoyance of late but after a few minutes of frantic key turning, my lights come on and I'm able to fire up the engine.

Now, after a long push home, no matter how much I try I cannot get the scooter to light up.

I have looked at the fuses and am currently charging the battery to eliminate this. What do people think it is? Could it be the ignition switch/coil gone wrong?

Thanks!