Author: Chronicle Editor

President Idriss Deby of Chad has been killed while visiting troops fighting rebels, one day after his election victory, an army spokesperson disclosed this on Tuesday. Chronicle NG reports that the cause of death was not yet clear. Deby’s campaign said on Monday that he was headed to the front lines to join troops battling “terrorists”. Rebels based across the northern frontier in Libya attacked a border post on election day and then advanced hundreds of kilometres south across the desert. Deby, 68, came to power in a rebellion in 1990 and is one of Africa’s longest-serving leaders. Army spokesman…

Unity Bank Plc grew its assets base to N492.02billion representing a significant increase of 67.90% from the N293.05 billion of total assets value recorded in 2019. This is even as the agric-focused lender declared gross earnings of N42.71 billion within the period under review. A review of the Bank’s audited results for a full year ended 31 December 2020, released to the Nigerian Stock Exchange, showed that the Bank improved its bottom line marginally as Profit After Tax, PAT stood at N2.09 billion. Profit Before Tax, PBT closed at N2.22 billion, in a year that was defined by the unmitigated…

The European Super League was created “to save football”, says Real Madrid president Florentino Perez. Real are one of the 12 European clubs who have signed up to the breakaway league and intend to establish a new midweek competition. Perez said the move had been made because young people are “no longer interested in football” because of “a lot of poor quality games”. “Whenever there is change, there are always people who oppose it,” he said. The English ‘big six’ of Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham have agreed to join the new league. The move has…

More policemen and stations have been attacked in two Southeast states on Monday. Gunmen killed two policemen in Anambra State and set a station ablaze in Abia State as the wave of attacks on police formations worsened. [youtube https://www.youtube.com/watch?v=s4Jws4Ke388] [youtube https://www.youtube.com/watch?v=4LXRIMsbAMk] The gunmen attacked the Zone 13 Police Headquarters in Ukpo, Dunukfia Local Government Area in Anambra and a police station in Uzoakoli, Bende Local Government in Abia State. The incidents occurred in the early hours of the day. The assailants overpowered the policemen on duty in Uzoakoli and released suspects held in custody. Abia State command spokesman Geoffrey Ogbonna…

The Lagos State House of Assembly on Monday described the National Leader of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, as a man for whom Nigeria as a country currently yearns. Members of the House said this at plenary as they took their time to eulogise the former governor of Lagos, who recently celebrated his 69th birthday. Speaking after Hon. Victor Akande (Ojo 1) urged his colleagues to join him wish Tinubu a happy birthday, the Speaker of the House, Rt. Hon. (Dr) Mudashiru Obasa, noted that it had always been customary of the House to celebrate the…

By Owei Lakemfa The most exciting period for most humans is their youth. Many youths look forward to better lives. In fact, some wish they can grow faster and be independent of parental care. That is in a normal society. Many youths in Nigeria do not have such experience. They are either abducted, killed, intimidated or denied their fundamental human rights not just by terrorists but also government and school authorities. It can be argued that a lot of atrocities are as a result of cultism, banditry and terrorism over which the country seems helpless. But what about cases where…

The UK government and the Bank of England are taking landmark steps towards the creation of a central bank digital currency, joining other nations that include China and Bahamas in the digital currency drive. A press release issued on the government’s website announced the creation of a body with the mandate to coordinate on the possibility of a Bank of England-issued digital money for use by households and businesses. If approved, the digital currency would exist alongside other payment options, rather than replace them. Speaking at Fintech Week, Chancellor Rishi Sunak spoke on the initiatives put in place with regulatory…

The Lagos State Government has announced the partial shutdown of Opebi Road in Ikeja for 2 weekends, starting from Friday, April 23, 2021, to Sunday, April 25, 2021, and Friday, April 30, 2021, to Sunday, May 2, 2021. LASG will partially close Opebi Road for the next stage of construction of the Collector Drain for the purpose of de-flooding the corridor for two weekends, starting from Friday 23rd to Sunday 25th of April and Friday 30th April to Sunday 2nd May, 2021@jidesanwoolu @dr_oladeinde pic.twitter.com/IQLLBK0nXs — The Lagos State Govt (@followlasg) April 19, 2021 https://platform.twitter.com/widgets.js https://twitter.com/followlasg/status/1384142980097839104?s=20 The closure is for the…

When rumours were all over regarding Jose Mourinho being relieved of his managerial duties, it was said that his compensation fee will be too much for the club to afford. According to The Independent, it is understood that the former Real Madrid and Chelsea manager will receive a £16m compensation fee. This means the Portuguese manager will now have earned a total of £79million from just being sacked throughout his entire career. Mourinho received a compensation fee of £18m from Chelsea when he was sacked in 2007, which is five years before he also received a £17.5m payoff to leave…

Diego Llorente scored a late equaliser for Leeds to deny Liverpool a place in the top four of the Premier League – as uncertainty reigns over what that would mean following the announcement of the European Super League. [youtube https://www.youtube.com/watch?v=MONTPHKlJbI] The Reds are one of 12 clubs to agree to join a breakaway ESL to “commence as soon as practicable”. Even if it does not start next season, Uefa has said it could ban the clubs – including six English sides – from European competition for their defection. There was a strange mood around the first game involving any of…