Author: Chronicle Editor

The Naira on Tuesday depreciated marginally against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency on Tuesday afternoon lost one point to exchange at N391 to the dollar, weaker than N390 posted on Friday, while the Pound Sterling and the Euro closed at N498 and N420 respectively. At the Bureau de Change (BDC) window, the Naira was sold at N362 to the dollar, while the pound sterling and the Euro exchanged at N490 and N417 respectively. However, the Naira appreciated at the Nigeria investors and exporters window, closing at N379.68 to the…

The Kogi chapter of the Nigerian Medical Association (NMA) has directed its members to embark on an indefinite strike over government’s failure to pay doctors’ salaries. A communique jointly signed by its Chairman, Dr. Tijani Godwin, and Secretary, Dr. Zubair Kabiru, after an emergency congress on Tuesday in Lokoja, said that the strike would commence on Wednesday. The NMA expressed disappointment over government’s inability to pay the doctors’ salaries and arrears as agreed two months ago, and wondered why it was difficult for government to fulfill basic commitments. “We have presented our demands to government, but none has been met;…

Former President Olusegun Obasanjo on Tuesday in Abuja decried the unsuccessful prosecution of high-profile corruption cases in Nigeria. Obasanjo expressed his displeasure while delivering the inauguration lecture of the Olusegun Obasanjo Good Governance and Development Research Centre, National Open University of Nigeria (NOUN). The title of the lecture is “Leadership, Governance and the Challenges of Development in Nigeria: The Way Forward.’’ He regretted that in spite efforts by successive governments, corruption still posed a daunting challenge to the progress and development of Nigeria. “The lack of successful prosecution of high-profile corruption cases involving Politically Exposed Persons (PEPs) is giving serious…

Born in Watford, England to a Nigerian mother and a British father of Nigerian and Irish heritage, Joshua spent some time in Nigeria before he returned to Britain at the age of seven. On Saturday at Wembley, Anthony Joshua defeated Wladimir Klitschko in the 11th round to unify the heavyweight division and effectively become the undisputed heavyweight champion of the world. The British boxer’s win immediately triggered the question of his identity, nationality and how it all relates to his success. The 27-year-old former Olympic champion was unbeaten in 19 fights when he stepped into Wembley ring in front of…

According to reports from Lagos, the palace of the Oba of Lagos, Rilwan Akiolu is currently on fire. The monarch is said to have been taken to a safe place. Officials of Lagos state fire service are within the palace trying to put out the inferno. The real cause of the fire outbreak is still unknown at the moment. The incident is coming barely one week after the Oba publicly shunned the Ooni of Ife, Oba Adeyeye Ogunwusi. There were claims by a certain Tunde Awoyeni that the palace would invoke the wrath of his ancestors on the Oba of…

The Foundation for Human Rights and Anti-Corruption Crusade, FHRACC, today stated that Nigerians cannot pray for President Muhammadu over his controversial ill-health. In a statement signed and made available to DAILY POST, FHRACC National President, Alaowei Ebikonbowei, Esq reacted to the call by former Chairman of the ruling All Progressives Congress, Bisi Akande, that Nigerians should pray for the president. “Mr. President according to his media handlers is hale and hearty. He is only resting and not sick. It means that the President is doing well and so there is no point for Nigerians to convert a healthy man as…

A federal high court sitting in Lagos south west Nigeria today adjourned till 30th May, 2017, for hearing all pending applications in a debt recovery suit filed against Senator Stella Oduah by Sterling bank Plc. The bank is alleging that, the Senator and her company Sea Petroleum and Gas company are owing it the sum of :$16,412,819.06 and N100,493,225,59 When the matter was mentioned today, a lawyer Mrs Ijeoma Esom, representing sea Petroleum company, told the court that she has not been served with a copy of the petition, though she has filed a preliminary objection to the suit, while…

…Gov’s Investment On Security Paying Off, Says UNILAG VC Lagos State Governor, Mr Akinwunmi Ambode on Tuesday called on the academic community to come up with quality research work that would create a platform for good governance and set the country on the path of economic growth and development. Governor Ambode, who spoke at Lagos House in Ikeja when he received management team of University of Lagos (UNILAG) on courtesy visit led by the Vice Chancellor, Professor Rahmon Bello, said the time had come for practical collaboration between the government and the academic community for the overall benefit of the…

Second round matches of the 2016/17 Nigeria Professional Football League (NPFL) has now been scheduled to commence on Sunday, May 21, a shift from the earlier scheduled date of May 7. Salihu Abubakar, the Chief Operating Officer of the League Management Company (LMC) in a notice to clubs communicating the new date, explained that it was to allow Rangers International and Rivers United complete their rescheduled fixtures. “We also have deemed it right to accommodate the State Federations Cup finals which obviously will feature some of the NPFL Clubs”, Abubakar added. Following their drop from the CAF Champions League to…

A Jigawa Chief Magistrate Court on Tuesday remanded the immediate past governor of the state, Alhaji Sule Lamido, in prison till May 4, for alleged incitement. Chief Magistrate Muhammad Lamin refused the accused bail and adjourned the case till May 4, for the continuation of the case. Lamido is standing trial on a four-count charge of inciting public disturbance, defamation of character, criminal intimidation and disturbance of public peace. The offences contravened sections 113, 114, 392 and 394 of the Penal Code. His counsel Yakubu Ruba and Felix Jones said that the offences were bailable and wondered why the court…