Author: Chronicle Editor

EFCC Deputy Zonal Commander, ACE 11 Aisha Abubakar

The Commander of the Maiduguri Zonal Command of the Economic and Financial Crimes Commission, EFCC, ACE 11 Owukwe C. Obiora on Thursday, November 25, 2021, urged the people of the Northeast and Nigeria at large to take ownership of the fight against corruption to ensure the success of the anti-graft campaign. He stated this in a goodwill message at a stakeholders’ meeting organized by the Presidential Advisory Committee Against Corruption (PACAC) in collaboration with the National Orientation Agency (NOA) with the theme: ‘‘Value Orientation and the Fight Against Corruption”. The Commander who spoke through the Deputy Zonal Commander, ACE 11…

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Thankgod, Emmanuel and Jonathan Udofia were all arraigned for internet fraud

…to forfeit SUV, N3.5 million to FG Three siblings, Emmanuel Udofa, ThankGod Udofa and Jonathan Udofa were on Thursday, November 25, 2021 convicted and sentenced to prison by Justice Efe Ikponmwonba of the Edo State High Court sitting in Benin City, Edo State. The trio were arraigned by the Benin Zonal Command of the Economic and Financial Crimes Commission on one count charge of false representation. The Udofas had sometime in January, 2021 with intent to defraud falsely represented one James Changhan, a Chinese contrary to section 484 of the Criminal Code Cap 48 Laws of Bendel State of Nigeria…

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Banks increase withdrawal limit to N50,000

The Economic and Financial Crimes Commission (EFCC) on Friday, arraigned Okafor Stanley, for attempting to defraud Zenith Bank Plc of the sum of $232.8 million. Okafor was arraigned before Justice Oluwatoyin Taiwo of Ikeja Special Offences Court, Lagos State, alongside his company, Labrador Shipping Services Limited, on a 12 count-charge of obtaining by false pretence, forgery, fraud, falsification of documents and being in possession of documents containing false information. Arraigning the suspect, EFCC counsel, Mr. Idris A. Muhammed, told Justice Taiwo that the suspect committed the offence against Zenith Bank between November 2019 and February 202. To carry out the…

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UK, Investors, The new Covid variant has rattled stock markets across the world

Stock markets across the world have fallen sharply after the discovery of a new Covid variant raised fears over the economic recovery. In London, the FTSE 100 share index dropped by nearly 3%, while markets in Germany and France also declined following falls in Asia. Shares in airlines and travel firms were among the hardest hit. The UK and other nations have introduced a ban on flights from six southern African countries. UK Health Secretary Sajid Javid said scientists were “deeply concerned” about the new Covid strain and its potential to evade immunity. The UK has temporarily banned flights from…

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Dexamethasone is first life-saving coronavirus drug vaccine variant BioNTech

The joint makers of the widely used Pfizer/BioNTech vaccine are assessing how effective their jab is against the new Covid-19 variant recently discovered in South Africa, according to the Reuters news agency. “We understand the concern of experts and have immediately initiated investigations on variant B.1.1.529,” Reuters quotes BioNTech as saying. The German company will have more insight in two weeks time at the latest, when it receives further data from laboratory tests, according to Reuters. The firm said the variant “may require an adjustment of our vaccine” if it spreads globally and is found to be capable of escaping…

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Women's World Cup 2027 to kick off June 24

The Confederation of African Football (CAF) on Friday supported the “decision of the FIFA Congress to conduct a feasibility study” for a World Cup every two years. CAF is the first confederation to officially and publicly approve the controversial plan to hold a World Cup every two years at the same pace as its Africa Cup of Nations tournament. At its extraordinary general assembly in Cairo, the confederation also voted in favour of establishing a Super League for African clubs. In December, FIFA will hold a summit with president Gianni Infantino still hoping to find consensus on plans to stage…

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The burnt houses and crops after the attack by herdsmen on Te’ege village in Plateau State on Friday

A group of suspected herdsmen have killed ten persons while injuring many others, including children, in an attack on Te’egbe hamlet in Miango District, Bassa Local Government Area of Plateau State. The assailants were believed to have stormed the neighbourhood in the early hours of Friday, setting fire to homes while maiming and killing community residents. Davison Malison, the Irigwe Development Association’s National Publicity Secretary, confirmed the incident to journalists on Friday. Apart from the ten bodies recovered thus far, he claims that others are still missing. Fulani herders kill four in Plateau, injure one. Meanwhile, Governor Simon Lalong has…

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Gunmen kill UNIBEN student, injure others

Gunmen have abducted a principal, Joshua Adeyemi, and four others along the Auga/Ise-Akoko Road in Akoko North-East Local Government Area of Ondo state. Adeyemi, the principal of Auga Community Grammar Institution, was kidnapped at gunpoint along with his vice, Ifedayo Yesufu, and three other teachers from the school. The victims were travelling in a Toyota Corolla when they were grabbed up and carried into the forest by the attackers on Thursday afternoon. Bandits kidnap Eze Ndigbo in Ondo According to reports, one of the victims, Blessing Okeke, a pregnant lady, was released by the abductors due to her condition after…

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Ibukunoluwa Otesile, abducted GO's daughter regains freedom

A Federal High Court in Abuja, Nigeria’s capital has declared the activities of Yan Bindiga and Yan Ta’adda bandit groups as acts of terrorism. Presiding judge, Justice Taiwo Taiwo, gave the order while delivering verdict on an ex parte motion filed by the federal government. Mohammed Abubakar, Director of Public Prosecution (DPP) of the Federal Ministry of Justice, who filed the motion ex-parte on behalf of the Nigerian government said President Muhammadu Buhari approved the decision to approach the court. He noted that it was important to proscribe Yan Bindiga and Yan Ta’adda groups and other terrorist groups in the…

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Venture Capital: El-Rufai announces return to private sector

The Kaduna State Government has announced the resumption of telecommunications services, which had been suspended on the instructions of the state security council. The state Commissioner for Internal Security and Home Affairs, Samuel Aruwan, announced the restoration of full services in the impacted areas during a news conference on Friday, saying it may take a few days while service providers mobilize to power their transmission systems accordingly. Aruwan stated that the state government regretted any inconveniences that people of the affected LGAs may have experienced as a result of the shutdown, and he also praised the sacrifices that were made…

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