Author: Chronicle Editor

The Nigerian government has taken delivery of 10 of the 12 A-29 Super Tucano fighter jets expected from the United States of America and their deployment has changed the tide in the fight against terror in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, made the disclosure at a forum of the News Agency of Nigeria (NAN) on Sunday in Abuja. “As at today, we have 10 of the jets on the ground and the remaining two, I think should be delivered in the next two weeks or so. “The introduction of these platforms have made a whole…

Vice President Yemi Osinbajo has disagreed with the foreign exchange strategy of the Central Bank of Nigeria (CBN), calling for a market reflective policy. Prof. Osinbajo in his closing remarks at the two-day Mid-Term Ministerial Performance Review Retreat on Monday said the exchange rate is artificially low and does not reflect the current market realities. He called on the apex bank to adopt a different strategy and have a rethink about its current forex demand management strategy. Naira currently trades at N414 at the official market against the US dollar, and N570 at the parallel market. “As for the exchange…

Thibaut Courtois has accused football governing bodies of prioritising money over the welfare of players, who he feels are being treated like “robots”. The Real Madrid goalkeeper played in both of Belgium’s Nations League games during the current international break. This includes Sunday’s third-place play-off with Italy, which sparked the 29-year-old’s criticism. “This game is just a money game, we have to be honest about it,” he told Sky Sports. “We just play it because for Uefa it is extra money and it is an extra game on TV. [youtube https://www.youtube.com/watch?v=TvsyV2Ze1MI] “OK, for us it’s a good game because it’s…

Memphis Depay scored twice as the Netherlands swept to an easy victory over Gibraltar in their World Cup qualifier in Rotterdam. Liverpool’s Virgil van Dijk headed in a ninth-minute corner for the opener. Depay then saw the first of two first-half penalties saved but tapped in from Davy Klaassen’s pass before converting a spot-kick just before the break. Denzel Dumfries nodded in the fourth, Arnaut Danjuma slid in the fifth and Donyell Malen scored late on. Memphis Depay nets hat-trick as Netherlands thrash Turkey 6-1 The Dutch, who had 31 attempts on goal, have now scored four goals or more…

Timo Werner scored twice as Germany became the first team to join hosts Qatar at the 2022 World Cup with a thumping victory in North Macedonia. Former England youth international Jamal Musiala opened his account for the Germans, running in on goal and stroking home a confident finish. Kai Havertz claimed the first goal in the second half, slotting in from Thomas Muller’s unselfish pass. Werner smashed home the second following Muller’s superb flick and also curled in a delightful third. The Germans could have had more, but Chelsea forward Werner rattled the post with a thumping low drive on…

Jamie Dimon, JPMorgan Chase & Co (JPM.N) chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is “worthless.” “No matter what anyone thinks about it, government is going to regulate it. They are going to regulate it for (anti-money laundering) purposes, for (Bank Secrecy Act) purposes, for tax,” Dimon said, referring to banking regulations in a conversation held virtually by the Institute of International Finance. Dimon, head of the largest U.S. bank, has been a vocal critic of the digital currency, once calling it a fraud and then…

The Special Adviser on Political Matters to the President, Senator Babafemi Ojudu has affirmed that there is no rift between the incumbent Vice president Yemi Osinbajo and the National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu. Ojudu said this in a statement on Monday following reports by some media houses that the duo were at loggerheads as to who will be the flagbearer of the ruling party in 2023. He reiterated that Prof Osinbajo remains loyal to the APC and has not indicated his interest in the 2023 presidential election. The statement reads: “2023 Presidential Election:…

Bandits who have continuously plagued the Northwest and other regions in recent times have now resorted to asking for cooked food as ransom. It was gathered that the hoodlums who operate around Birnin Gwari Local Government Area of Kaduna State, have reduced their activities as a result of the state ban on weekly markets as part of measures to tackle insecurity in the state. The latest development was confirmed by a youth leader in one of the villages of Birnin Gwari, Babangida ‎Yaro. Yaro said that since the ban, bandits operating along Damari, Kutemashi and Kuyello villages only asked for cooked…

President Muhammadu Buhari Monday in Abuja assured Nigerians that the 11.9km Second Niger Bridge, 120 km Lagos-Ibadan Expressway and other key projects under the Presidential Infrastructure Development Fund (PIDF) will be completed within the second term of this administration. The President gave the assurance at the opening of a two-day Mid-Term Ministerial Performance Review Retreat organized to assess progress made towards the achievement of the nine key priorities of this Administration. He used the occasion of the retreat, the third edition since the second term of his administration, to highlight some of the Federal Government’s notable achievements in the last…

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, today October 11, 2021 secured the conviction and sentencing of one Yakubu .M. Abbas before Justice Darius Khobo of the Kaduna State High Court, Kaduna on one count amended charge of attempt to cheat by impersonation. The charge reads, “ that you Yakubu .M. Abbas, sometime in 2021 at Kaduna within the jurisdiction of this Honourable Court, attempted to commit an offence and in such attempt did a certain act towards the Commission of the said offence, to wit; falsely presented yourself as Josh (a Whiteman) to one…