Author: Chronicle Editor

Former chairman of First Bank Nigeria Limited, Mrs. Ibukun Awosika, has reacted to the sack of the board by Central Bank of Nigeria. She insisted that the decision to sack reinstated Managing Director of the bank, Adesola Adeduntan, was taken in the best interest of the institution. She added that she maintained consistency in her contributions to the development of the bank in over five years as chairman. Awosika explained that she joined the bank’s board in October 2010 after which she was appointed to chair the board of FBN Life Insurance Limited. The Central Bank of Nigeria (CBN) wielded…

Manchester City secured all three points at Etihad on Saturday against Crystal Palace. After a scrappy first half at Selhurst Park, Sergio Aguero thumped City ahead with a clinical finish before Ferran Torres drilled in a low shot. That ended the resistance of Palace, who stay in 13th place. Roy Hodgson’s side had chances in the first half through Christian Benteke, who flicked a header wide and had a close-range shot blocked by City keeper Ederson. But once City made their breakthrough when Aguero smashed high into the net, quickly followed by Torres’ neat finish, the result was not in…

The organizers of the Grammys have said on Friday that they were scrapping the “secret” committees that select which acts get nominated for the prestigious music awards following criticism from artists and allegations of rigging. The Recording Academy said nominations for the 2022 awards would be decided by its entire voting membership of more than 11,000, rather than the anonymous 15-30 member expert committees who had previously made the selections. The Academy said the “significant changes” to the awards process “reflect its ongoing commitment to evolve with the musical landscape and to ensure that the Grammy Awards rules and guidelines…

Notorious bandit leader Auwalun Daudawa, who led the abduction of over 300 students of Government Science Secondary School Kankara, Katsina state, has been killed. Daudawa had laid down his arms and accepted Governor Bello Matawalle’s peace initiative on February 8. But a few days ago, it was reported that Daudawa had returned to the forest to continue his banditry. According to Channels Television , the Commissioner for Security and Home Affairs in Zamfara State, Abubakar Dauran confirmed his death via a telephone conversation, stating that Daudawa left Gusau day two days ago. Arms used by insurgents were stolen from armed…

The Central Bank of Nigeria (CBN) has turned down First Bank of Nigeria’s (FBN’s) loan restructuring for Honeywell Flour Mills and subsequently directed the bank to recover the loan granted to the company immediately. The sum of the loan could not be ascertained last night but the flour mill is the brainchild of Mr. Oba Otudeko who was sacked from the board of FBN Holdco on Thursday. Dr. Adesola Adeduntan, who was removed on Wednesday by the board of the bank without the consent of the CBN, was back at his desk yesterday following the intervention of the apex bank.…

Southampton held Leicester to a draw despite playing more than 80 minutes with 10 men to frustrate the Foxes in their push to clinch a top-four finish. Jannick Vestergaard was controversially sent off after just 10 minutes when his tackle on Jamie Vardy was deemed to have denied the Leicester striker a goal-scoring opportunity. Vestergaard, on the edge of his box and the last defender, got the ball with a lunging tackle but referee Robert Jones deemed his follow-through on to Vardy’s ankle had prevented the striker running in on goal. That decision set the game’s pattern, Leicester probing while…

The United States Mission in Nigeria on Friday announced that it will prioritize student visa applicants and ensure Nigerian students resuming this Fall (September) get visa interview appointments well in advance of their program start date. According to the Country Consular Coordinator, Susan Tuller, US offices in Lagos and Abuja will make every effort to assist student visa applicants in a timely fashion while keeping personnel and customers safe. “As we continue to prioritize the health and safety of our staff and customers, processing student visas remains a high priority for the U.S. Mission in Nigeria,” Tuller said, in a…

Senator Ali Ndume has said that the bulk of arms and ammunition used by insurgents were carted away from the armed forces and other security agencies in the country. Ndume who represents Borno South noted that apart from stealing arms from Nigeria’s security agencies, the criminals also get weapons from nations like Libya and Chad. “Most of the arms and ammunition they use are the ones they succeed in carting away from the Nigerian soldiers and other armed forces or security agencies,” the Chairman, Senate Committee on Army, explained on Thursday during an interview on Channels Television’s Politics Today. “I…

A total of 323 persons were killed and 949 kidnapped by bandits in the last three months across Kaduna, Commissioner for Internal Security and Home Affairs, Samuel Aruwan, has said. The Commissioner, who disclosed this on Friday while presenting report of security situation in the State for the first quarter of 2021, however said the military troops neutralised 64 bandits and arrested several gunrunners during the period under review. According to him, the report covers banditry, kidnapping, cattle-rustling, attacks, and reprisal attacks. “Deaths linked to banditry, violent attacks, communal clashes and reprisals in the first quarter total 323 across the…

Kaduna Police Command has stated that its men have rescued a Pastor, Ozigi Hassan of Mercy Place Ministry Church in Kudenden, Kaduna South Council and four of his children from suspected kidnappers. The command also said it recovered 137 cattle rustled by bandits in Afaka area. The Command’s PPRO ASP Mohammad Jalige made these known in a statement. Jalige said the Command received a report from DPO Kakuri on the 27th April, 2021 at 0200hrs that some suspected bandits had gained access into the residence of the cleric to abduct him and his family. “Operatives were immediately drafted to the…