Author: David Great

Former US President Donald Trump’s cryptocurrency platform had a rocky sales launch Tuesday, with only a quarter of the digital tokens offered to public sold. The Republican candidate announced in mid-September that he, his sons, and entrepreneurs will create a platform named World Liberty Financial. The startup offered 20 billion digital tokens, each valued at 1.5 cents, for a total of $300 million, but only three percent had been purchased by Tuesday evening. Many analysts attributed the low sales to technological issues, as the company’s website had disruptions earlier in the day. World Liberty Financial will allow users to lend or borrow bitcoins from one another, a service already available on many platforms, like Aave. During his administration, Trump referred to cryptocurrencies as a hoax, but he…

The Lagos State High Court has ordered controversial social media critic, Martin Otse, a.k,a. VeryDarkMan, to remove defamatory comments and videos concerning lawyer and human rights activist Femi Falana (SAN) and his son, Folarin (Falz). The court also ordered him to pay N500 million to them for libel, as stated in the pre-action bundle of the judgment. Justice M. O. Idowu delivered the ruling in suit no: ID/8584/GCM/2024 today. According to him, the publications made by VeryDarkMan on his social media accounts on September 24, 2024, linking Bobrisky to Falz and his father were defamatory and injurious to their public…

Thomas Tuchel is in talks with the Football Association about becoming England’s next manager, according to reports on Tuesday. It follows reports that Manchester City boss Pep Guardiola, who is out of contract at the end of the season, has been asked about his interest in the role. Tuchel led Chelsea to Champions League glory in 2021 but was sacked the following year. He has been among the bookmakers’ favourites for the England job since Gareth Southgate stood down after England lost to Spain in the EURO 2024 final in July. Sky Sports said the Tuchel, who left Bayern Munich…

Nigeria’s national grid has once again collapsed, less than 24 hours after its previous failure. The collapse occurred around 9:17am on Tuesday, plunging many parts of the country into another round of power outages. Confirming the system collaspse, the Eko Electricity Distribution Company (EKEDC), in a post via X said: “Dear Valued Customer, Kindly be informed there was a system collapse at 09:17hrs which has resulted to a loss of power supply across our network. “We are currently working with our partners as we hope for speedy restoration of the grid. We will keep you updated as soon as power…

Nigeria’s headline inflation rate for September 2024 rose to 32.70 per cent after slowing consecutively in the previous two months of July and August. This was according to the latest Consumer Price Index report from the National Bureau of Statistics. It is a marginal increase of 0.55 per cent from the August 2024 figure of 32.15 per cent, reflecting ongoing price pressures across the country. Year-on-year, inflation has surged by 5.98 percentage points compared to the 26.72 per cent recorded in September 2023. The report read, “In September 2024, the Headline inflation rate was 32.70% relative to the August 2024…

The Confederation of African Football (CAF) has delisted the Group D second-leg fixture of the ongoing 2025 African Cup of Nations qualifier between the Super Eagles of Nigeria and the Mediterranean Knights of Libya. The game was earlier scheduled to take place in Libya by 8 pm after the first leg took place in Godswill Akpabio Stadium, Uyo on Friday. The Super Eagles beat the Mediterranean Knights by a lone goal in the dying minute of the game. However, the return leg has been greeted with controversy after the Super Eagles players and officials narrated their over 14 hours…

The national grid has collapsed again, findings by Chronicle NG has revealed. The grid collapsed at about 6:18 pm on Monday, leaving Nigerians in darkness. Checks by Chronicle NG confirmed that power generation dropped from 3.87 gigawatts at 5 pm to 3.56GW at 6 pm and 0.00GW at 7 pm and 8 pm. The Enugu Electricity Distribution Company confirmed the grid collapse in a statement on Monday evening. The EEDC informed its customers “of a general system collapse that occurred at 18:48 hours today, 14th October 2024,” saying this has resulted in the loss of supply currently being experienced…

Five-time winners Cameroon have qualified for next year’s Africa Cup of Nations finals with a 1-0 victory over Kenya on Monday where Boris Enow scored the only goal of the game in neutral Kampala. Enow scored with a low free kick from just outside the box as Cameroon dominated the contest and did enough to win in the absence of their federation president Samuel Eto’o, who is serving a six-month stadium ban by world governing body FIFA. The victory moves Cameroon to 10 points from four games in the pool and ensures they cannot finish outside of the top two,…

The Libyan authorities have provided a bus to convey Nigeria’s Super Eagles players and coaches to their destination after leaving them stranded for about 16 hours inside Al Abraq International Airport. This update was given by the team striker and one of the stranded players, Victor Boniface, who shared a video of a driver attached to the bus. “See this dragon carry bus come after 16 hours,” he said in a post on X. “Come Dey video,” the German-based player captioned the video. Nigeria’s Super Eagles shun AFCON qualifier after Libya airport nightmare Chronicle NG had reported how the team…

An inferno has razed the residence of the Zamfara House of Assembly speaker, Bilyaminu Moriki, in Gusau. This was announced in a statement on Sunday by the chief press secretary to the house, Bello Madaro. The clerk to the house, Mahmud Aliyu, described the disaster as tragic. Mr Aliyu said that the inferno destroyed properties worth millions of Naira although no life was lost. He said, “The management of the Zamfara assembly was shocked over the fire incident which occurred on Sunday that razed down the speaker’s residence in Gusau. Zamfara confirms death of 40 persons in boat accident “On…