Author: Chronicle Editor

Strong indications have emerged that the Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah, and the Executive Secretary of the Financial Regulatory Council of Nigeria, FRCN Mr. Jim Obazee, are currently at loggerheads over the council’s regulation, which stipulates 20 years tenure ‎for heads of religious groups and civil society groups in the country. The law had since forced the General Overseer of the Redeemed Christian Church of God, Enoch Adeboye into stepping aside as head of the church in Nigeria.‎ Adeboye had said the regulation would also be extended to clergymen such as Bishop David Oyedepo of the…

French champions Paris St-Germain are preparing a £60m summer bid for Arsenal forward Alexis Sanchez, 28, who has 18 months to run on his current Gunners’ deal. (Maxifoot – in French) Alternatively, Atletico Madrid have Chile international Sanchez earmarked as a possible replacement for Antoine Griezmann should the 25-year-old France striker leave.(Don Balon – in Spanish) Barcelona’s Croatia midfielder Ivan Rakitic, 28, is close to joining Manchester City. (Jutarnji List – in Croatian) Manchester United are in a three-way battle to sign Monaco holding midfielder Tiemoue Bakayoko. Manchester City and Chelsea are also keen on the 22-year-old Frenchman.(Daily Record) Chelsea’s…

The Federal Road Safety Corps (FRSC) Zamfara State Command has confirmed 15 persons dead in a ghastly accident which occurred along Gusau-Tsafe road in the early hours of yesterday. Sector Commander, Amos Thilizer told the News Agency of Nigeria (NAN) that the accident was caused by Dagote cement trailer driver , who lost control and ran into a Toyota hiace, killing all the passengers. The sector commander further said that three other persons who were in the trailer sustained various degrees of injuries and had been taken to General hospital Tsafe for medical care. He said 15 corpses were later…

The vice-president of Nigeria, Prof. Yemi Osinbajo has said that those killing under the guise of religion in the country were insane. Osinbajo said this at the 2017 Armed Forces Remembrance Day Celebration Service in Abuja on Sunday. He also commended the Armed Forces for their successes so far in dealing with Boko Haram in the North East. “We remember our departed military heroes. Against the Boko Haram, they stood side by side and fought the insurgents. “The President said and I quote, ‘The military that I joined never recognised tribe or religion, we fought side by side. We must…

Torino have turned down an Arsenal bid for Andrea Belotti reportedly worth €65million (£56m), according to the Serie A club’s sporting director. Arsenal have had a reported €65million bid for Torino star Andrea Belotti rejected, the club’s sporting director has said. The 23-year-old striker has scored 14 goals in 18 appearances in a stellar campaign at the Stadio Olimpico, prompting speculation over a January transfer. The Gunners have been linked with a move for Belotti, who signed a contract last month that includes a €100m release clause that applies to clubs outside of Italy. Although reports in England this week…

MMM Nigeria says it has introduced Bitcoin, said to be the world’s best performing currency in 2016, as part of its mode of payment in its comeback plans The Ponzi scheme, which froze accounts of its three million participants on December 13, 2016, is preparing to return, and it is throwing up a number of plans to get its community active again. Last week, MMM promoters issued instructions to its participants whose accounts were frozen, to perform “Promo Tasks: A New Tool for MMM Community Development.” In the MMM message, subscribers were told to perform tasks, both online and offline,…

FIFA will recognise the world’s best football players and coaches in its inaugural edition of The Best FIFA Football Awards on Monday. The winners will be presented with the new FIFA iconic platinum trophies. Zurich’s TPC studios will host the awards, with the winners of each category decided by the global football community. Fifa ended its six-year collaboration with magazine France Football for the Ballon d’Or award last year. Cristiano Ronaldo, who has already won Ballon D’Or will contest for The Best FIFA Men’s Player Award with Antoine Griezmann of Atletico Madrid and Barcelona’s Lionel Messi. Melanie Behringer, Carli Lloyd…

Suspected Fulani herdsmen have reportedly killed five farmers in two separate attacks in Abraka and Obiaruku, both in Ethiope East and Ukwuani Local Government Area of Delta State. Southern City News gathered that the incident happened between Tuesday and Wednesday last week when the communities were allegedly attacked by the herdsmen who had been having a running battle with farmers in the areas over the destruction of their crops by cattle. The incidents, which have reportedly sparked tension between local farmers and herdsmen in the state, claimed the lives of four males and a female as more residents in the…

The Presidency has declared that it used World Bank data to identify cur­rent beneficiaries of the N5,000 monthly Con­ditional Cash Transfer (CCT) to one million poorest Nigerians even before President Muham­madu Buhari assumed of­fice in May 2015. According to the Se­nior Special Assistant on Media & Publicity in the Office of the Vice Presi­dent, Mr Laolu Akande, the monthly stipend is being paid to beneficia­ries in nine pilot States of Bauchi, Borno, Cross Rivers, Ekiti, Kwara, Kogi, Niger, Osun and Oyo. In his press update on the progress of the CCT, which is part of Buhari administration’s Social Investment Programmes…

The streets of Ivory Coast’s second-largest city Bouake were calm and the military presence was gone, residents said on Sunday, after a two-day soldiers’ mutiny took over the city before spreading across the country. The mutiny began early on Friday when rogue soldiers demanding bonus pay seized Bouake. Soldiers at military camps in cities and towns across Ivory Coast, including the commercial capital Abidjan, joined the rebellion. A deal was reached between the government and the soldiers late on Saturday. A mutineer close to the negotiations said soldiers had returned to barracks. “We have cleared the corridors everywhere as promised…