Author: Chronicle Editor

The Lagos State Government has announced the planned shutdown of Falomo Bridge for 6 weeks with effect from Sunday, March 14, 2021. This follows the approval secured from the Federal Government for repair works on the bridge which will be completed on April 30, 2021. This disclosure was made by the Lagos State Commissioner for Transportation, Dr Frederic Oladeinde, on Friday, March 12, 2021, who said that the repair works will run on a 24hours shift in phases to enable the contractor complete repairs within the estimated time and minimize the expected inconveniences on the road users. Oladeinde further explained…

The new Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, has visited Nigeria to assist entrepreneurs and improve the economy. The Development economist disclosed this while briefing newsmen at the Nnamdi Azikwe Airport on Saturday when she arrived for a one-week visit. She explained that it is needful for the country to explore its share of trade in Africa through the African Continental Free Trade Area agreement. ‌According to her, she will meet with President Muhammadu Buhari and a number of ministers in the coming days. While answering questions during an interview on the benefits of Okonjo-Iweala’s appointment to…

Less than a month after printing its previous all-time high on February 21st, the flagship crypto has done it again. Bitcoin just surged past and charted fresh highs, hitting $60,000. At the time of writing this report, Bitcoin traded at $60, 000 with a daily trading volume of about $60 billion. Bitcoin is up 5.13% for the day. The world’s most popular crypto dominance was also around 61.5%, up almost 2% in the past few days. Crypto pundits are however not surprised at such a feat amid the roller coaster sessions in the Bitcoin market over the past month, as…

Thomas Tuchel’s unbeaten run stretched to 12 games as Chelsea were held in a gripping encounter against Leeds at Elland Road. Despite lacking fans to add edge, both sides were unlucky not to score as they both hit the woodwork and tested their respective keepers. Leeds almost went behind when Luke Ayling’s clearance hit team-mate Diego Llorente and looped over keeper Illan Meslier to hit the bar before Eduoard Mendy tipped Tyler Roberts’ chip onto the same part of his goal. Mendy also saved well from Raphinha’s effort to deny Leeds, who avoided a third straight defeat. Kai Havertz wasted…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the federal government to fully deregulate Nigeria’s downstream oil and gas sector to make it competitive for independent marketers and to also bring stability to prices nationwide. This was disclosed by Alhaji Danladi Pasali, IPMAN’s National Secretary in an interview on Friday in Abuja. The IPMAN boss suggested that full deregulation would bring more competitiveness to the space and even cause a price reduction due to stability and market demand. FuelPriceHike: IPMAN asks members to sell at N175 He also disclosed that the association urged members to sell at N162…

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has ordered its members to sell fuel between the range of N170-N175 in the South East region. This was disclosed by Mr Chinedu Anyaso, Chairman of IPMAN Enugu Community Depot in charge of Anambra, Ebonyi and Enugu States, in an interview in Awka on Friday. Marketers in the South East said the increase in the price of fuel was due to the confusion on Friday between NNPC and PPRA, as reports suggest some depots already started selling at N212. “There is confusion and uncertainty in the system now, the problem is that…

Nine more students than originally thought are missing after gunmen stormed a forestry college in northwest Nigeria earlier this week, a government official in Nigeria’s Kaduna state said on Saturday. The revision brings the total number of missing students to 39 following Thursday’s nighttime raid on the Federal College of Forestry Mechanization, the fourth mass school abduction in northern Nigeria since December. Samuel Aruwan, Kaduna state’s security commissioner, said the missing comprised of 23 females and 16 males. “The Kaduna state government is maintaining close communication with the management of the college as efforts are sustained by security agencies towards…

A young man, Adelaja Moses, has been arrested for the murder of a foreigner, more than one year after he was alleged to have committed the crime. The Public Relations Officer of the Lagos State Police Command, Olumuyiwa Adejobi, confirmed the arrest of the suspect in a statement on Friday. He noted that the 26-year-old suspect was apprehended by security operatives at about 2am on Saturday last week in the Emuren area of Ogun State. Adejobi explained that Moses was arrested during a sting operation for his alleged involvement in the kidnapping and killing of a Chinese national in February…

Streaming giant, Netflix has considered enforcing strict rules against sharing of passwords by its users. Some Netflix users who were apparently tapping into other people’s accounts turned to Twitter to share news of an apparent crackdown along with posts of a notice telling them they need to be subscribers to keep watching the service. Netflix included an offer to try the service free for 30 days, according to a copy posted at Twitter. “Oh no, Netflix doing the purge?” the Twitter user wrote in the post. Netflix offers to verify who is trying to log into an account by sending…

The family of George Floyd, the Black man who died while being arrested by a white police officer in Minneapolis, has reached a $27 million “wrongful death” settlement with the Minnesota city, lawyers for the family announced Friday. The settlement is the “largest pre-trial settlement in a civil rights wrongful death case in US history,” the lawyers said in a statement. Minneapolis police officer Derek Chauvin is currently on trial facing murder and manslaughter charges in connection with Floyd’s May 25, 2020 death, which was captured on video by bystanders and seen around the globe. Three other police officers also…