Author: Chronicle Editor

Following the believed crash of MMM in Nigeria, another Ponzi scheme, NNN Nigeria is seeking to lure members of the scheme onto its network, dangling a more rewarding profit margin. Trending on Twitter at number one on 16 December, Nigerians were encouraged to join the scheme with assurance that they can 35 per cent profit on their investment. With a simple registration on the landing page of NNN Nigeria, a new user can get started but with a Terms and Risk Warning that states the following: WARNING!!! First of all. For your information. We still live in a slave society.…

The Government of Democratic Republic of Congo has asked telecommunication companies to block social media networks from Monday, apparently to stop protests against plans by President Joseph Kabila to stay in power beyond the end of his mandate. Service providers including Vodacom, Orange and Airtel were silent on the mandate whether they would comply or not. But one industry executive said all companies had signed an agreement to respect national security injunctions. The country’s top court has extended Kabila’s tenure beyond the end of his two-term limit in the wake of a deal between the government and some opposition leaders…

The UN has threw its weight behind 48 world’s most vulnerable countries, which have been projected to lose their ground in economic development and face increasing levels of poverty. The UN Conference on Trade and Development (UNCTAD) issued the warning in its latest report: “The Least Developed Countries Report 2016: The Path to Graduation and Beyond – Making the Most of the Process”. The UN agency stressed the need for inclusive action from the international community to help these countries progress. UNCTAD noted that the international community pledged to ‘leave no one behind’ with the adoption of the 2030 Agenda.…

Midfielder Gareth Barry and defenders Leighton Baines and Mason Holgate have all signed new contracts with Everton. Barry, 35, has extended his deal until June 2018, while 32-year-old Baines has committed to the club until June 2019. ?????? | Baines, Barry and @masonholgateee speak to evertontv about their contract extensions. #EFC pic.twitter.com/oOrHcF5xvd— Everton (@Everton) December 16, 2016 Holgate, 20, who was handed his Premier League debut by manager Ronald Koeman on the first day of the season, has signed a five-year extension. ? | BREAKING: Gareth Barry, Leighton Baines and Mason Holgate all sign contract extensions at #EFC. https://t.co/apBbqRsBFg pic.twitter.com/F0Gwr4uHRt—…

Nigeria has discovered huge crude oil in concentration Borno State, North East, raising the hope of the region joining the league of oil producers. The Permanent Secretary, Ministry of Petroleum Resources, Dr. Jamila Shua’ra, broke the news on Thursday at the presentation of the 2016 petroleum sector scorecard in Abuja. She said that the discovery of crude oil in Borno State was one of the achievements of the ministry during the year. “Our doggedness culminated in the discovery of oil in new frontiers – Lagos and Borno,” Leadership reported on Friday. She also listed the introduction of the petrol Price…

On Thursday, the European Union offered 610 million euros ($635 million) to Niger for keeping a lid on migration from Africa through the Mediterranean to Europe. The regional bloc, anxious to curb immigration after some 1.4 million refugees and migrants arrived this year and last, is stepping up cooperation with key African countries of origin and transit to ensure fewer people get to European shores. The latest money announced for Niger comes from the bloc’s new Africa fund, as well as from Germany, France and Italy. Niger is a Western African country where the desert city of Agadez is a…

The leaked audio recording showing the Rivers State Governor Nyesom Wike admitting to bribing some electoral officials and threatening to kill them if his instructions were not followed has confirmed the fears raised by the All Progressives Congress (APC) in the lead up to the recently conducted December 10, 2016 legislative re-run elections in the State. Going by the revelations from the leaked audio recordings, it is obvious that Governor Wike may have engaged in unwholesome conducts that might have compromised the integrity of the electoral process and undermined his office as the Chief Security Officer of a state. The…

On Thursday, the New UN Secretary-General António Guterres announced Nigeria’s Environment minister, Amina Mohammed as his Deputy Secretary-General. Guterres made the announcement through the spokesman of the Secretary-General, Mr Stephane Dujarric. The Correspondent of the News Agency of Nigeria (NAN) in New York, reports that Guterres also announced the duo of Ms. Maria Viotti of Brazil and Ms. Kyung-wha Kang of the Republic of Korea into high-profile positions at the UN. “I am pleased to announce that I will be appointing Ms. Amina J. Mohammed of Nigeria as my Deputy Secretary-General, and Ms. Maria Luiza Ribeiro Viotti of Brazil as…

Chelsea’s Spain midfielder Cesc Fabregas, 29, could follow Stamford Bridge team-mate Oscar to the Chinese Super League in the summer. (Daily Mail) Brazil midfielder Oscar, 25, will earn £400,000 a week after tax when he moves to China to join Shanghai SIPG in January. (Times – subscription required) Bundesliga club Hoffenheim are likely to rebuff Chelsea’s £30m January transfer window bid for Germany centre-back Niklas Sule, 21. (Daily Star) Everton face competition from Tottenham to sign Manchester United’s Netherlands winger Memphis Depay, 22, in the January transfer window. (Liverpool Echo) Arsenal have offered Alexis Sanchez £9.3m a year to sign…

Barcelona forward Luis Suarez has agreed a new contract with the Spanish champions that includes a £167.5m buyout clause. The former Liverpool player has scored 97 goals and won eight trophies since moving to the Nou Camp in July 2014 for £75m. A Barca statement said the contract, which ties the 29-year-old Uruguay international to the club until 2021, would be signed on Friday. He scored 40 league goals last season. But his contract is not altogether weird as it only has a huge monetary clause. Below we take a look at some football contract clause that could get your…