Author: Chronicle Editor

The federal government has denied media reports that Ministers who were invited to the US-Nigeria Investment Summit in Washington DC, on 19 April 2018 shunned the forum. In a statement issued in London on Monday, the Minister of Information and Culture, Alhaji Lai Mohammed, also said most of the Ministers who were slated to attend the event were not invited and were not in Washington, DC, at the time, hence the insinuation that some Ministers collected estacodes without attending the forum is baseless. He said the Ministers of Agriculture; Power Works and Housing and Budget and National Planning did not…

Senator Dino Melaye has raised alarm over the number of security operatives that have been sent to his following his arrest early Monday. In a tweet, Melaye wrote, “Over 30 heavily armed fierce looking mobile police men have just stormed my residence in Maitama, Abuja. “All roads leading to House has been condoned off, as heavy mobile police men blocked entry and exit of the road. They currently laid siege on in and around The house,” he claimed. Over 30 heavily armed fierce looking mobile police men have just stormed My residence in Maitama, Abuja.All roads leading to House has…

A woman says she is facing a $500 fine from the US customs agency after a free apple she was given by Delta Air Lines as a snack on a plane was found in her bag. Crystal Tadlock, travelling to the US from Paris, said she was saving the fruit for her onward flight to Denver. But the apple was revealed in a random search by US border agents after her first flight landed in Minneapolis. US Customs and Border Patrol would not comment on the case, but said all agricultural items should be declared. The apple was handed out…

Armenian Prime Minister Serzh Sargsyan has resigned following days of large-scale street protests against him. Opposition supporters accused Mr Sargsyan of clinging to power when he was appointed prime minister last Tuesday, soon after finishing two five-year terms as president. “The street movement is against my tenure. I am fulfilling your demand,” he said in a statement. It is not clear when his resignation will take effect. The announcement came soon after opposition leader Nikol Pashinyan was released from detention. Mr Pashinyan had been arrested on Sunday after televised talks with Mr Sargsyan collapsed. READ: Duchess of Cambridge goes into…

The Duchess of Cambridge has been admitted to hospital in the early stages of labour with her third child. Kate Middleton and the Duke of Cambridge travelled to the Lindo Wing at St Mary’s Hospital, Paddington, in central London on Monday morning. Catherine has been on maternity leave since making a last royal visit to a charity lunch in London on 22 March. The baby will be fifth in line to the throne and the Queen’s sixth great-grandchild. The birth will be announced with an email to the press and a celebratory tweet posted on the Kensington Palace Twitter feed.…

The country is gearing itself up for the General Elections in February next year and with President Muhammadu Buhari announcing that he will bid for the governing Party, APC’s ticket to run fo a second term, all hell has been let loose by the chaotic, ill-prepared opposition camp. A joke on WhatsApp last week was about the abuse and insults heaped on Muhammadu Buhari, attacking him for everything wrong with the country but failing to answer an important question: who do you have that is better? In democracies around the globe, second terms by incumbents are usually harder to get…

Nigerian police officers have arrested Senator Dino Melaye who was declared wanted by the Kogi state Police command for providing false information to the Police in connection with an alleged attempt on the life. Melaye was also accused of sponsoring hoodlums and providing them with guns for heir operations. In a post on Instagram Monday morning, Melaye wrote, “Stopped from traveling and under arrest. No retreat no surrender. Talk we must.” He was seated on a chair with his luggage by his side at the Nnamdi Azikwe International Airport in Abuja, Nigeria’s capital. READ: If we implement our economic plan,…

Finance Minister, Mrs. Kemi Adeosun says Nigeria’s economy will continue to grow if the economic plan is diligently implemented. In a joint press briefing with the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, at the end of the 2018 International Monetary Fund and World Bank Spring Meeting in Washington DC, United States, she assured that Nigeria’s positive growth outlook would be sustained. “We are confident that if we diligently implement our economic plan, we will grow the economy. We have room to grow but other countries do not have rooms to grow,” she said. She added that,…

The Governor of the Central Bank of Nigeria, Godwin Emefiele says the foreign reserve of Nigeria has risen to $47.93 billion, stressing the need for more savings. Emefiele noted that Nigeria would have cushioned the effect of recession if had saved adequately. “There is need to save for the raining day and also continue to grow the foreign reserves. “If we had enough reserves, we wouldn’t have suffered the recession shocks,” he said at a press briefing at the end of the 2018 International Monetary Fund and World Bank Spring Meeting in Washington DC, United States. READ: Keystone Bank partners…

Keystone Bank Limited has partnered with a ‘Cash Reward as-a-Service Company’, CeLD Innovations Limited, to launch a ground-breaking product, CashToken, a new age of hyper consumer centricity in Nigeria. The new innovative product, CashToken, which was formally launched in Lagos on Thursday April 19, 2018 at a conference tagged “500 Top CEOs Conference – Unleashing The Age of Hyper Consumer Centricity, is an electronic reward and celebratory gift commodity which costs only N30 (Thirty Naira). The initiative according to CeLD creates an avenue for every customer in Nigeria to have an opportunity for life-changing cash rewards every Friday night at…