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Fed govt approves $1.1 billion PPA for Qua Iboe Power Project

The government also approved a Put/Call Option Agreement (PCOA), which NBET and the Ministry of Finance agreed with the project’s investors – the Qua Iboe Power Plant Limited (QIPP).

Mobil takes over ownership of Qua Iboe power plant

Mobil Producing Nigeria Limited, operator of NNPC and MPN Joint Venture, on Thursday said it had reached commercial terms with Qua Iboe Power Plant Limited for the transfer of ownership of the Qua Iboe power project.

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Atletico Madrid beat Super Eagles B in five-goal thriller

UEFA Europa League winners Atletico Madrid shaded a five-goal thriller against Super Eagles B today in Uyo to win the GOTV Max Cup.

World Cup: NFF has paid $2.8m to Super Eagles – Amaju Pinnick

The Nigeria Football Federation has commenced the payment of 30 per cent allowance to its players and coaches participating in the 2018 World Cup in Russia, an official said.

Minister: Nigeria records $83 billion investment commitment in 15 months

Nigeria recorded a total investment commitment of 83 billion dollars between January 2017 and March, Mr Okechukwu Enelamah, the Minister of Industry, Trade and Investment, said.

NiMet predicts cloudy skies, rainy activities for Wednesday

The Nigerian Meteorological Agency (NiMet) has predicted cloudy morning conditions over the Central states of the country on Wednesday with prospects of localised thunderstorm over Yola, Jos, Lafia, Ibi, Makurdi and Abuja.

Police arrest cattle rustlers, recover 32 cows, 26 sheep in Niger

Two suspected cattle rustlers terrorising Eregi Fulani Camp in Katcha Local Government Area of Niger state, have been arrested by the state Police Command.