Author: Chronicle Editor

Market indicators of the Nigerian Stock Exchange (NSE) on Thursday recorded the first growth for the month, reversing the three-day bearish trend. The indices appreciated by 0.16 per cent just as the volume of shares traded decreased by 45.88 per cent. The All-Share Index appreciated marginally by 52.46 points or 0.16 per cent to close at 32,354.78 against 32,302.32 posted on Wednesday. In the same vein, market capitalisation inched N18 billion or 0.16 per cent to close at N11.151 trillion compared with N11.133 trillion achieved on Wednesday. Jigawa Govt. declares holiday to pray for Buhari A breakdown of the price…

The Jigawa Government has declared Friday, July 7, as a public holiday to enable public servants offer special prayer for President Muhammadu Buhari’s quick recovery. Alhaji Isma’il Ibrahim, the Public Relations Officer, Office of the state’s Head of Civil Service (HoS), announced this in a statement in Dutse on Thursday. Ibrahim said that the State Executive Council took the decision at its sitting on July 5. He explained that the government declared Friday as a work-free day in order to enable public servants to join other citizens to offer special prayers for President Muhammadu Buhari’s wellbeing. “During this day, it…

ntel, Nigeria’s first 4G/LTE-Advanced network has launched a bespoke 4G/LTE device known as ntel NOVA. The ntel NOVA phone is, according to a statement from the company, “an exciting ergonomically designed, low priced, dual-SIM device defined by characteristics of both a feature phone and a smart phone.” Continuing further, the statement said “The entry of ntel NOVA into the device market signals a new dawn in the evolution of the Nigerian 4G/LTE segment which has been impacted by concerns around the availability and affordability of 4G/LTE-capable devices. Our investment in ntel NOVA further underscores our firm commitment to changing the…

Wolves and Nigeria goalkeeper Carl Ikeme is to begin chemotherapy after being diagnosed with acute leukaemia. The Championship club say Ikeme, 31, returned “abnormal blood tests” during pre-season testing and further checks confirmed the diagnosis. Ikeme has been with Wolves for his entire career, making more than 200 appearances for Wanderers. Thirty-three of those came last season, having previously been in the team that won the League One title in 2013-14. “It would be an understatement to say that everyone at Wolves has been shocked and saddened to hear the news of Carl’s diagnosis,” said Wolves managing director Laurie Dalrymple.…

The Kano State Government has renamed its Northwest University as Yusuf Maitama Sule University, Kano. The Northwest University is one of the two state-owned universities established by the past Kwankwaso Administration. The Commissioner of Information, Malam Mohammed Garba, announced the decision at a news conference in Kano on Thursday. Garba said the decision was taken during an extraordinary meeting of the State Executive Council which took place on Wednesday night. Man impregnates housemaid, strangles pregnant wife He said the council approved the renaming of the University in order to immortalise the late Danmasanin Kano, Dr Yusuf Maitama Sule, for his…

The Plateau Police Command on Thursday confirmed the arrest of a 40-year-old man, Victor Dashit, who allegedly strangled his eight months pregnant wife, Irene. “Victor is in our custody and investigation is on-going. We shall soon take him to court,” its spokesman, Terna Tyopev, told the News Agency of Nigeria (NAN) in Jos. He said that Dashit, a staff of the National Industrial Court, Jos who resides at New Abuja area of Jos, killed the wife, a 33-year-old teacher, at their farm in Kangang, on June 2. NAN investigation revealed that Dashit, after killing the woman, invited his brother to…

The Super Eagles have dropped to the 39th spot from 38th in the July FIFA World Ranking. The rankings table on FIFA’s website on Thursday indicated that Nigeria now has 715 points as against 730 it had in the June rankings. The ranking also saw the national team become sixth in Africa behind Egypt, Senegal, Democratic Republic of Congo, Tunisia and Cameroon respectively as against Nigeria’s fourth position in the continent in June. Man Utd agree £75m for striker Romelu Lukaku On the global scene, Germany have capped a sensational week on the international stage by returning to the top…

Manchester United have agreed a fee of around £75m with Everton for striker Romelu Lukaku, senior club sources have told the BBC. The 24-year-old Belgium international scored 25 Premier League goals last season. United, who have been chasing Lukaku for most of the summer, will not now be pursuing their interest in Real Madrid’s Alvaro Morata. Everton sources say no deal or agreement has been reached. The move for Lukaku is not connected to talks aimed at taking United forward Wayne Rooney to Everton. Diego Costa hours away from Atletico Madrid move Jose Mourinho’s side are hopeful of concluding a…

Chelsea striker Diego Costa is hours away from rejoining Atletico Madrid according to report from Portugal. Portuguese news outlet O Jogo, who claim Atletico Madrid are hours away from announcing the signing. Costa revealed last month that Chelsea manager Antonio Conte did not want him at the club next season. Conte sent the controversial striker a text, which read: “Hi Diego, I hope you are well. Thanks for the seasono [sic] we spent together. Good luck for the next year but you are not in my plan.” Alexandre Lacazette joins Arsenal for club record £46.5m Atletico are currently under a…

Six men alleged to have burgled the house of former Captain of the Super Eagles, Segun Odegbami, were today arraigned before an Igbosere Chief magistrate court in Lagos, Southwest Nigeria. The accused are Oke Moses, 18, Abdul Azeez, 22, Ajibade Rahmon 24, Isaac Okenuga 29, Olusola Orisansope, 22, and Daramola Abiodun, 22 were arraigned before the court on four counts charge of stealing, conspiracy and receiving stolen properties. In a charge filed before the court by the Police Prosecutor, Sergent Chijioke Njoku, it was stated that the accused committed the offences between June 1 and 20, at 2:00a.m. at No.13,…