Author: Chronicle Editor

South Africa’s telecom group MTN has met with Nigeria’s Securities and Exchange Commission (SEC) to discuss a possible initial public offering and how it wanted to structure the share sale, the head of Nigeria’s SEC told Reuters. SEC director general, Mounir Gwarzo, said MTN had discussed the possibility of issuing various classes of shares to targeted investor groups. He said the telecom firm was looking at three different classes, which would be new in Nigeria. Gwarzo said the commission was willing to support the share sale as long as it was within local laws and advised the telecom firm to…

On Sunday, the Indigenous People of Biafra, IPOB, alleged the Nigerian Military of carrying out massive killing against the people of Biafra and South-East, all in the name of maintaining national security. This came after the Nigerian military denied killing of IPOB members. The media and publicity Officer of IPOB, Mr. Emma Powerful, who stated that the military has been killing IPOB peaceful protesters under the pretense of maintaining security. He further noted the denial of these atrocities indicate their level of cowardice. “The military has exhibited the greatest level of cowardice by denying that they did not shoot and…

A senior legislative aide has collapsed and died at the entrance of the National Assembly on Monday. The aide who has not been named at the time of filing this report, is reported to have died before he secured a medical pass. Attempts by medical personnel at the National Assembly, who rushed to his aide in an ambulance, to resuscitate him were unsuccessful. Punch reports that the Grade Level 16 worker was on his way to obtain a pass for medical services at the National Assembly clinic when he slumped. More details soon…

“But love your enemies, do good to them, and lend to them without expecting to get anything back. Then your reward will be great, and you will be children of the Most High because He is kind to the ungrateful and wicked.” – Luke 6:35 The history of the Christian faith began in the Apostolic Age (about 30 A.D), following the resurrection of Jesus Christ, in Palestine with a small number of Jews and Jewish Proselytes. It was later dubbed illegal by the Romans; hence Christians suffered persecution for 300 years. As a result, Apostles Peter and Paul were martyred…

It was a weird Monday morning at Ondo state as some men of the Nigerian Police Force protest angrily over non-payment of their last Saturday Governorship allowance. The policemen took to Fagunwa Street, Ondo town, chanting various war songs and causing gridlock in the area. This development delayed workers from getting to their offices early and affected other commercial activities in the area. Chronicle gathered that the action of the policemen was mainly to reject the way they were treated after Saturday’s election. A Corp member, Sulaiman Abiola, noted how surprise he was for the policemen to be treated that…

The 450 ex-Biafran policemen, who were pardoned in 2000 by ex-President Olusegun Obasanjo, would soon get their pension and gratuities. The former Biafran policemen will get pension 46 years after the civil war ended in January 1970. The Pension Transitional Arrangement Directorate (PTAD) which begins pensioners’ verification in northeast on Monday, would pay the pension and gratuities after the verification of the ex-policemen. PTAD said it had enrolled about 220,000 pensioners and uncovered 9,000 ghost payees, its Executive Secretary Mrs. Sharon Ikeazor, said on Sunday. She however said three former employees of PTAD were sacked because of pension fraud and…

Barcelona head coach Luis Enrique says the performance in Sunday’s 1-1 draw at Real Sociedad was their “worst game” during his time in charge. Barca were lucky, with La Real having a goal wrongly ruled out for offside, as well as hitting the woodwork twice. “This is the first time I’ve seen a team walk all over us since I became coach,” said Enrique, boss since 2014. “If we look at the result, it is the best of the season. The opponents were far superior.” Barcelona’s next La Liga game is against leaders Real Madrid next Saturday, and the champions…

President Jacob Zuma of South Africa is facing a vote of no confidence from the leaders of his own party, the ANC. He has survived several parliamentary votes but this is the first time the ANC will formally discuss his position. The top ANC body has extended its meeting to debate the motion, tabled by Tourism Minister Derek Hanekom. Zuma has increasingly come under criticism over corruption allegations, with a recent report highlighting his links with the wealthy Gupta family. eNCA understands that the NEC will continue to debate the motion on Monday. #ANCNEC EXTENDED pic.twitter.com/NCBrjfRgrv— MyANC (@MYANC) November 27,…

Governor Akinwunmi Ambode of Lagos State will on Tuesday, November 29, present the 2017 budget to the Lagos State House of Assembly (LAHA) for approval. A statement signed by Miss Bose Lambo, the Director, Public Affairs of the Assembly, said the presentation, which will be tabled via an appropriation bill, would commence at 10a.m. She urged guests to be punctual. Ambode presented the 2016 budget of N662.58 billion to the Assembly for approval on December 17, 2015. The 2016 budget was made up of capital expenditure of N383.678 billion and a recurrent expenditure of N278.909 billion in the ratio of…

Arsenal manager Arsene Wenger has hinted he is willing to spend money to keep forward Alexis Sanchez, 27, at the club. (Metro) Atletico Madrid forward Antoine Griezmann, 25, has ruled out a move to Real Madrid or Paris St-Germain, but he would be open to a transfer to Barcelona or the Premier League. (Goal) Manchester United manager Jose Mourinho is targeting a move for Benfica centre-back Victor Lindelof, 22, in January. (O Jogo via Daily Mail) Arsenal are aiming to send striker Chuba Akpom out on loan in January – with Cardiff, Brentford and Fulham all keen – as the…