Author: Chronicle Editor

Royal Dutch Shell has filed a criminal complaint with Dutch authorities against a former employee over the sale of a Nigerian onshore oilfield in 2011, a Shell spokesman said on Wednesday. The suspected wrongdoing came to light as part of an internal investigation by Shell but is unrelated to a court case against Shell and Eni in Italy over the acquisition of the oilfield OPL 245, the spokesman said. “Based on what we know now from an internal investigation, we suspect a crime may have been committed by our former employee … against Shell in relation to the sale process…

United Bank for Africa, UBA, Plc Africa’s global bank, announced today that its London subsidiary has obtained regulatory permission to carry out Wholesale Banking activities in the UK. Following this authorization, UBA is now the only Sub-Saharan African bank to conduct banking activities in New York and London, as well as in 20 other countries across Africa. Commenting on the landmark achievement, the Group Managing Director/CEO, UBA PLC, Mr. Kennedy Uzoka said: “This authorization strengthens our capabilities in meeting the growing cross-border financing needs of our customers. “It enhances our customer coverage and product offerings whilst positioning our Group as…

Germany lost for the first time in 23 matches as Manchester City forward Gabriel Jesus scored the only goal to give Brazil the win in Berlin. This was the first full meeting between the two nations since Germany humiliated Brazil 7-1 in the 2014 World Cup semi-final in Belo Horizonte. Jesus put Brazil ahead with a powerful diving header late in the first half. He missed another chance with a header and Germany’s Julian Draxler had a late shot tipped over as Brazil held on. VIDEO: Mbappe, Pogba on target as France beat Russia It meant Joachim Low’s side, the…

Nigerian youths have formed a political party, Modern Democratic Party (MDP), to enable them place active role in the upcoming elections in 2019 and beyond. The formation of the party came at a time that when ‘Not Too Young To Run’ Bill is still pending assent of President Muhammadu Buhari. The registration of the political party is an strategy to enable the youths in Nigeria to position themselves for political leadership. The new party, led by 27-year old activist and entrepreneur, Prince Bukunyi Olateru-Olagbegi, represents the new face of active youth involvement in politics. The party which was registered by…

Paul Pogba scored a 30-yard free-kick and Kylian Mbappe netted twice as France beat World Cup hosts Russia in a friendly in St Petersburg. Didier Deschamps made seven changes from the side that lost 3-2 to Colombia on Friday, including midfielder Pogba being recalled from the bench. Pogba set up Mbappe’s opener and then curled home a long-range free-kick. Fedor Smolov pulled one back from close range before Mbappe added a late third through keeper Andrey Lunyov’s legs. READ: DStv, GOtv to air Nigeria vs Serbia Live This was the first France game in which Manchester United’s Pogba has scored…

Big Brother Naija 3, tagged Double Wahala, took a new twist on Sunday night, when Big Brother decided to bring back two evicted housemates. This time, they were not ‘fake,’ as they can compete for the grand prize of N45 million. Anto and Khloe were the two lucky housemates voted in by the viewers. Their return was announced during the weekly eviction show. The announcement provoked mixed reactions from viewers, with the majority arguing that the previously evicted housemates must have returned to the Big Brother House with tales of various things that happened while they were on the outside…

Following the Super Eagles’ inspiring display against Poland on Friday, DStv and GOtv subscribers will today have the exclusive opportunity of watching the team continue their World Cup preparations when they take on Serbia in an international friendly. The match, which will be played at The Hive Stadium in London, will kick off at 6:45 pm. The match will be available to DStv subscribers on SuperSport 9 and SuperSport 4 in HD, while GOtv subscribers will watch on SuperSport Select 1 (Channel 31). Also available to DStv subscribers today are friendly matches between Egypt and Greece (7pm), Germany vs Brazil…

…Approves Construction Of Ketu-Agboyi Link Bridge, Link Roads …Says Govt’ll Continue To Judiciously Utilise Tax Payers’ Money Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday commissioned the Alapere Road and junction improvement works in Agboyi Ketu area of the State, with an assurance that his administration will continue to judiciously put the monies paid by tax payers to good use. Governor Ambode, who spoke at the commissioning ceremony, attended by party leaders, key stakeholders and scores of excited residents, said the 1.4km road was a fulfillment of one of the recommendations of the Traffic Summit organized by his administration in…

President Muhammadu Buhari has kicked against the tenure extension of the national chairman of the All Progressives Congress, APC, Chief John Odigie-Oyegun and that of other executives describing it as ‘unconstitutional’. He urged the executives to resign in line with the constitution if they want to seek reelection in office. Speaking on Tuesday at the National Executive Committee meeting of the party, Buhari said that he had reflected on the proposed tenure extension and also sought advice on the action. Buhari was optimistic that the meeting would provide an avenue to resolve the outstanding issues and consolidate plans towards making…

Keith Raniere, the leader of an elusive US self-help group, has been arrested by the FBI in Mexico and charged with sex trafficking. Federal prosecutors allege Mr Raniere oversaw a “slave and master” system in his group called Nxivm, where female members were expected to have sex with him and were branded with his initials. He is expected to appear in court on the charges in Texas on Tuesday. Mr Raniere left the country last year after former members spoke to US media. A number of women came forward for an investigation published in the New York Times newspaper in…