Author: Chronicle Editor

The Kaduna Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned the duo of Michael Yusuf Michael and Martha Daniel Yusuf, both siblings, before Justice Hannnatu A.L Balogun on an eight-count charge bordering on obtaining by false pretence. The defendants allegedly floated an unregistered medical and empowerment Non-Governmental Organization (NGO) through which they solicited for donations from members of the public in the social media, ostensibly to assist persons suffering from cancer but diverted the proceeds to their personal use. Investigation reveals that Michael who poses as the founder/CEO of the NGO, opened a Facebook page with profile…

-$450 billion potential income gains at stake -African insurance companies must act now, VP adds Vice President Yemi Osinbajo says that despite the colossal challenges posed by climate change, particularly energy transition and related issues, the coming decade anchored on the African Continental Free Trade Area (AfCFTA), offers great opportunities for Africa’s socio-economic transformation. Prof. Osinbajo stated this today in a message delivered at the closing of the 2021 Conference of African Insurance Practitioners, themed “Rebuilding Africa’s Economy: An Insurance Perspective.” Urging African insurance practitioners to leverage opportunities in the AfCFTA, the Vice President said “every smart economic grouping, whether…

Following the move by the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) to nullify the anti-open grazing law being adopted by southern states, Governor Rotimi Akeredolu of Ondo state maintained his position on the law, stating that he will never back down on his decision. Akeredolu, the Chairman of the South West Governors’ Forum and the Coordinator of the Southern Governors’ Forum disclosed this on Wednesday in a statement issued by his aide on Special Duties and Strategy, Dr Doyin Odebowale. As chairman of the South West Governors’ Forum and the Coordinator of the Southern Governors’ Forum, Akeredolu said the…

Eight Premier League players have been restricted from playing for their clubs this weekend after Brazilian football authorities triggered a FIFA rule to activate the restrictions. Clubs affected include: Liverpool, Manchester City, Chelsea, Manchester United and Leeds United Players not released for an international window can be banned for five days after the window ends under the Fifa regulations. The decision covers 10-14 September. Brazil invoked the bans after the Premier League stopped players from appearing for their country if it meant travel to red list countries. Players travelling to red list countries would have had to miss several games…

Vice President Yemi Osinbajo is representing Nigeria at an emergency ECOWAS meeting following a coup that overthrew President Alpha Conde in Guinea. The Vice President is representing President Muhammadu Buhari at the important virtually held meeting on Wednesday. Chronicle NG understands that at the end of the Emergency ECOWAS meeting, west African countries are going to come out with a position which is the restoration of democracy to Guinea. Also in attendance at the Extraordinary Session are the Heads of State and Government. FG condemns Guinea coup, says it is a violation of ECOWAS protocol The Nigerian government had condemned…

Leading tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS) arrived at the N1.8 trillion tax bill it slapped on MultiChoice Nigeria, warning that it could harm the reputation of both parties. The firm’s position was contained in an article published on its website. Titled “Reputational Risks and Tax: MultiChoice as Case Study”, the article stated that the FIRS may have adopted a faulty computational premise as well as given an impression that it is prejudiced against foreign companies operating in Nigeria. The firm described as misleading the FIRS’ claim that Nigeria accounts for…

-I thank God for your profoundly remarkable life, says VP -Describes Bishop Oke as bridge builder, exemplary leader, man of refreshing honesty & genuine spirituality Vice President Yemi Osinbajo, SAN has celebrated the President of the Pentecostal Fellowship of Nigeria, Bishop Francis Wale Oke on his 65th birtthday. The VP described the PFN president as “a bridge builder, an exemplary leader, a man of refreshing honesty, openness and genuine spirituality”. In a letter to the Bishop, Prof. Osinbajo and his wife, Mrs. Dolapo Osinbajo joined in celebrating the highly esteemed man of God. According to the Vice President: “Dolapo and…

Following his 100th appearance for the Super Eagles, Ahmed Musa, is set to receive the sum of N10million from the Nigeria Football Federation (NFF). The Super Eagles captain was promised this by the NFF president, Amaju Pinnick. Musa achieved the milestone during the World Cup qualifier against Cape Verde on Tuesday. The former Leicester City winger started the game, which the Eagles went on to win 2-1 in Mindelo. Pinnick said: “Trust me, it is not an easy feat, but on behalf of Nigeria Football Federation, from today, once you mark 100 caps, you’ll get 10 million naira. Ahmed Musa…

A group of unknown armed men have reportedly stolen the case file containing the fundamental human rights enforcement application filed by aides to embattled Yoruba activist, Sunday Adeyemo, alias Sunday Igboho. The latest development was disclosed by Barrister I. Awo, the counsel for the Department of State Service, DSS during a Federal High Court sitting in Abuja. According to the DSS counsel, his colleague who was in possession of the document was conveying it to the court when he was attacked by armed robbers in the vehicle he boarded. The armed robbers allegedly carted away the case file and other…

Angry protests, technological glitches and a plummet in value marked the first day of El Salvador adopting Bitcoin as legal tender. The price of Bitcoin on Tuesday crashed to its lowest in nearly a month, falling from $52,000 (£37,730) to under $43,000 at one point. An opposition politician said the fall caused one of Latin America’s poorest countries to lose $3m. The rollout of bitcoin in El Salvador was far from what President Nayib Bukele would have envisaged when he began his bold experiment. Platforms such as Apple and Huawei weren’t offering the government-backed digital wallet, known as Chivo, and…