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President Muhammadu Buhari pledged on Thursday that Nigeria will soon begin the full implementation of the principles of the Open Contracting Data Standard.  In a statement to the Anti-Corruption Summit hosted by Prime Minister David Cameron of Britain, President Buhari said the Federal Government will apply the Open Contracting Data Standard to major projects in […]

The U.S. Deputy Secretary of State Antony Blinken will be in Abuja, Nigeria, May 12-14, to lead the U.S. delegation to the second Regional Security Summit where the fight against Boko Haram would take centre stage, the State Department said in a statement on Thursday. The Deputy Secretary will be joined in Abuja by Assistant Secretary of […]Read More

Governor Aminu Waziri Tambuwal Sokoto state government plans to purchase 9,000 metric tonnes of fertilizers and 16,000 water pumps worth about N 1.7 billion. The State Commissioner for Agriculture, Alhaji Umaru Nagwari made the disclosure in Sokoto on Thursday while briefing newsmen on the outcome of the state executive council meeting. According to Nagwari, the […]

Nigerian Army battles Boko Haram A suicide bombinat a government compound in Nigeria’s northeastern city of Maiduguri killed at least four people on Thursday, residents said. Rescue workers were seen carrying four bodies away. The attack in the city centre bore the hallmark of the jihadist group, Boko Haram, which has been waging an insurgency […]

President Buhari with R-L: Secretary General of Commonwealth Rt. Hon. Patricia Scotland QC, Secretary of State, UK Department for International Development Mr Jusne Greening MP and MO Ibrahim of MO Ibrahim Foundation shortly after his Keynote Address at the Commonwealth Anti Corruption Conference for Civil Society, Business and Government Leaders at the Commonwealth Secretariat Marlborough […]

Tony Elumelu the Chairman of Heirs Holdings an Africa focused investment firm is set to invest $2.1 billion into new energy projects on the African continent. Elumelu made the announcement at the World Economic Forum for Africa holding in Kigali, Rwanda. When Nairametrics caught up with the Billionaire investor and philanthropist, he said: “More details […]

I have received the news with cautious excitement. The Minister of State for Petroleum Resources in a terse Press Statement made this announcement and two things jumped out. First everybody and everyone now have the right to bring in fuel subject to regulatory quality control and also that the price must not be above N145. […]

ASK: “WHAT HAS NIGERIA DONE FOR ME?” As I have suspected for a while, the unsolicited trekking I undertook from Yaba to Ojota to protest the 2012 subsidy removal is now just an intensive workout session. President Buhari and his team of economic wanksters have taken a leaf from Jonathan and his team of economic […]

The Nigerian Labour Congress (NLC) has vowed to resist Federal Government’s removal of fuel subsidy and the increase of premium motor spirit (PMS) popularly known as petrol to N145 per litre. In a released statement on Wednesday by its Secretary-General, Peter Ozon-Eson, , the NLC termed the increase as “criminal”and urged the public to resist […]

Nairametrics has just received pictures showing officials of the Federal Inland Revenue Service (FIRS) on Thursday, sealing the NICON Luxury Hotel in Abuja. The hotel is widely known to be owned by Barrister Jimoh Ibrahim. According to a source, the hotel is believed to be defaulting in tax at a tune of N392 million. More […]

Operatives of Economic and Financial Crimes Commission, EFCC, Wednesday in Abuja briefly quizzed a former governor of Cross Rivers State, Senator Liyel Imoke, for his alleged involvement in the N500 million collected by the Cross Rivers State’s chairman of the Peoples Democratic Party, Mr. Ntufam John Okon. We gathered that Imoke who responded to EFCC’s invitation, departed […]Read More

The Economic and Financial Crimes Commission (EFCC) have arrested Dauda Lawal, an Executive Director in charge of Public Affairs at the First Bank of Nigeria, for allegedly helping former Nigeria Petroleum Minister, Diezani Alison-Madueke, launder about $55million. Mr. Lawal`s arrest and interrogation was confirmed by First bank in a terse statement. According to the statement, “An Executive Director of FirstBank Mr. Dauda Lawal was invited […]Read More