Author: Chronicle Editor

The Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office on Tuesday, February 24, 2020 secured the convictions of three undergraduates, namely: Cynthia Nwankwo Ifunanya (female), 22 years, Kingsley Omenazu 27 and Okorie Kosalachi Alex 29 years before Justice I. Buba of Federal High Court, Enugu, Enugu State on two separate count charges of internet fraud. Justice Buba after reviewing the evidence against the convicts admitted that the prosecution counsel, Eunice Vou Dalyop has proved her case beyond reasonable doubt and convicted and sentenced Alex to three years imprisonment, while Ifunanya and Omenazu were handed two years imprisonment respectively. The…

Mr. Kaycee Osamwonyi, an aide to Governor Godwin Obaseki, has been suspended from the All Progressives Congress (APC) for allegedly engaging in acts of thuggery, hooliganism and causing factions within the party. Kaycee was suspended by APC leaders in Ward six Uhunmwode local government area. The motion for the suspension of Kaycee was moved by Hon. Harrison Orobor and adopted by party members present at the meeting. Other reasons adduced for the suspension of Kaycee were engaging in activities that have brought the APC to ridicule and opprobrium in Ward 06 and promoting subversion and breaches of the constitution of…

President Muhammadu Buhari on Wednesday presided over the Federal Executive Council (FEC) with senior members of his cabinet in attendance. The meeting, which is holding in the Executive Council Chambers at the Presidential Villa, Abuja, holds every Wednesday. The Vice President, Professor Yemi Osinbajo, and other cabinet members were also in attendance at the meeting which took off immediately after the swearing-in of the new National Assembly Service Commission members. Hong Kong to give $1,200 cash gift to residents The Chief of Staff to the President, Malam Abba Kyari, as well as the National Security Adviser, Major General Babagana Monguno…

Hong Kong will hand out cash to adult permanent residents, to help boost spending and ease financial burden. As part of the annual budget, $10,000 Hong Kong dollars ($1,280; £985) was announced for about seven million people over the age of 18. The territory’s economy has been battered by months of violent political unrest, and more recently suffered from the impact of the coronavirus. The city has had 81 confirmed cases of the virus and two deaths. “Hong Kong’s economy is facing enormous challenges this year,” Financial Secretary Paul Chan said on Wednesday. Six-year-old girl arrested at Florida school “After…

Police body cam footage released on 25 February has captured the moment a visibly distressed child was arrested at her school in Orlando, Florida in September 2019. The six-year-old girl was restrained with zip ties and escorted to a waiting police car after misbehaving in class. Lawyers for her family at Smith and Eulo Law Firm told the BBC that the family chose to release the footage because they wanted to show how the arrest unfolded. The person whose bodycam captured the ordeal was fired after an internal investigation by the Orlando Police Department. AMCON takes over Buba Galadima’s home,…

A Federal High Court in Abuja, in suits no. FHC/ABJ/CS/1136/2019 has ordered Asset Management Corporation of Nigeria (AMCON) to take over the business and assets of Bedko Nigeria Limited and Alhaji Buba Galadima. Bedko Nigeria Limited and Alhaji Buba Galadima owe AMCON nearly N900 million. The loan was purchased during the first phase of Eligible Bank Assets purchase from Unity Bank Plc in 2011. In a statement signed by Jude Nwauzor, Head, Corporate Communications, AMCON, the corporation had offered the obligor a good measure of olive branches and explored all avenues to resolve the matter amicably, but the obligor, and his company, Bedko…

In furtherance of the Buhari administration’s drive to support Micro, Small and Medium Enterprises (MSMEs), the Bank of Industry has approved a $20m technology fund for young innovators, while the Central Bank of Nigeria (CBN) is offering a N90 billion soft loan facility for small scale agriculture enterprises. These were some of the outcomes of a meeting at the Presidential Villa, Abuja, which was presided over by Vice President Yemi Osinbajo, SAN, on Tuesday, to review progress on the Buhari administration’s efforts to support MSMEs. It would be recalled that the National MSMEs clinics driven by the Vice President has now…

Chelsea’s Champions League campaign is surely over after they were brutally outclassed 3-0 by Bayern Munich in the last-16 first-leg tie at Stamford Bridge. The Bundesliga leaders followed in the footsteps of closest rivals RB Leipzig, who won at Tottenham at this same stage six days previously, by coming to the capital and producing a hugely impressive display. And, as when Bayern inflicted an historic 7-2 home defeat on Spurs in October, former Arsenal star Serge Gnabry was the tormentor-in-chief as he revelled on his return to London. The 24-year-old scored four at the Tottenham Hotspur Stadium and he delivered…

Socio-Economic Rights and Accountability Project (SERAP) has condemned “the passing of a bill seeking to give leaders of federal and state legislatures immunity from prosecution for corruption.” Responding to the development, SERAP deputy director Kolawole Oluwadare said: “Providing immunity for presiding officers against crimes of corruption is tantamount to ripping up the constitution. It’s a blatant assault on the rule of law and breach of public trust.” SERAP said: “The leadership of the House of Representatives must immediately withdraw this obnoxious bill. We will vigorously challenge this impunity.” The statement read in part: “It’s a huge setback for the rule…

Presidential Adviser on National Security, Major General Babagana Monguno (retd) is attending the Munich Security Conference in Germany, on behalf of President Buhari, the reason he didn’t attend the meeting with Service Chiefs. But it also appears that he has gotten what seems a fresh Presidential endorsement just a week after his stinking memo to the Chief of Staff Abba Kyari was leaked. In a Presidential statement, the NSA was named Co-Chair along with Humanitarian Affairs Minister for the newly formed National Humanitarian Coordination Committee. A source in the presidency said “that is an indication that the President has no issues…