Author: Chronicle Editor

Some financial experts and stakeholders in the nation’s economy have advised the Federal Government to enact a law prohibiting keeping of money at home. They gave the advice in a national survey conducted by the News Agency of Nigeria (NAN) on why prominent Nigerians keep money in their homes. They said that the law should, among others, specify the cash that could be kept in peoples’ homes as part of efforts to fight corruption. In South-South, they said the practice, if not urgently nipped in the bud, would worsen the economic situations of Nigerians. An Onitsha-based industrialist, Chief Ugonna Okegbue,…

The trial of Senate President Bukola Saraki continued before Justice Danladi Umar at the Code of Conduct Tribunal on Monday in Abuja. The trial followed the dismissal of Saraki’s application seeking to stop the trial by the Appeal Court in Abuja. The embattled Senate President had filed a petition before the Appeal Court challenging the jurisdiction of the Code of Conduct Tribunal to try him. In a considered judgment on Thursday 27 October, Justice Abdul Aboki led other four justices of the Appeal Court to hold that the appeal lacked merit. Saraki is standing trial on allegations of false asset…

The first woman to be US attorney general, Janet Reno, has died at home in Miami from complications linked to Parkinson’s disease, US media say. Ms Reno, 78, was at the centre of several political crises while serving under President Bill Clinton between 1993 and 2001. She was criticised for a deadly raid on the Branch Davidian cult compound in Waco, Texas after just weeks in office. Sect leader David Koresh and some 80 followers were killed during the raid. Questions were asked afterwards about the legality of the FBI raid and why it was that so many people were…

The foreign direct investment imported into Nigeria, the most populous black nation in the world has crashed by 53 per cent as it continues to grapple with the effect of recession, foreign exchange and inflation. The value of capital imported into Nigeria in the third quarter fell 34 per cent year on year to $1.822 billion, data showed on Monday, as Africa’s biggest economy grapples with its first recession in more than 20 years. With low crude prices causing the OPEC member state’s revenues to plummet, the central bank imposed forex controls last year to prevent a collapse of the…

By Madame Olieh In my years of teaching, I have met different children with various needs. I have also met parents with their personal problems and challenges. My duty as a teacher does not only end with imparting knowledge but also in understanding the children I teach, the parents of these children, the different religion of these children, their culture, background and a lot more. Wow!!! Teaching is not just paper and pen if you want to stand out as a great teacher. An outstanding teacher goes the extra mile and this beyond just paper and pen to properly nurture…

The Director General, Media and Publicity to the Governor of Kogi State, Kingsley Fanwo, has dismissed rumour that Governor Yahaya Bello is sick. Reacting to online reports, Fanwo described that rumour as ‘spurious’ stating categorically that Bello is only on vacation and is due to return soon. “My attention has been drawn to the spurious rumour doing the round that there are concerns over the health of the Kogi State Governor, Alh. Yahaya Bello,” he said in the statement issued on Monday. “I want to state clearly here for the avoidance of doubt that the rumour lacks any iota of…

Nigerian televangelist Temitope Balogun Joshua has predicted that Hillary Clinton will beat Donald Trump in the keenly contested United States presidential election on 8 November. In a Facebook post, Joshua who is popular for his predictions said that Clinton will win by a narrow margin, but she will face many challenges – including attempts to pass a no-confidence vote. “Ten days ago, I saw the new President of America with a narrow win,” he wrote on his Facebook page. He added that: The new President will be facing several challenges over many issues, including: passing bills, attempts to possibly pass…

The Organization of the Petroleum Exporting Countries, OPEC, Secretary-General Mohammed Barkindo has said oil producing countries are committed to a deal made in Algiers in September to cut output. “We as OPEC we remain committed to the Algiers accord that we… put together. All OPEC 14 we remain committed to the implementation,” Mohammed Barkindo said in remarks to reporters at the ADIPEC conference in Abu Dhabi. “We have no price objectives… inshallah (God willing) with the implementation of the Algiers accord and cooperation of the non-OPEC member countries, the rebalancing process will be brought forward in 2017.” OPEC officials met…

Donald Trump has accused the FBI of impropriety after it once again exonerated his rival Hillary Clinton of criminal conduct on her emails. The FBI director said a fresh inquiry into the Democratic candidate’s communications found nothing to change the bureau’s conclusion this summer. The Clinton campaign said it was “glad” the lingering issue had been resolved. The dramatic twist lifted a cloud from her campaign as the final day of the marathon US election race loomed. The latest opinion polls on Sunday, before news broke of the FBI announcement, gave Mrs Clinton a four to five-point lead over Mr…

– 150,000 to be employed as teachers, 30,000 to serve as Agric extension workers, 20,000 as public health workers The inaugural set of 200,000 unemployed graduates already selected in the first batch of the N-power volunteer job and training scheme of the Buhari Social Investment Programmes should start work in the next two weeks. Vice President Yemi Osinbajo, SAN made this disclosure over the weekend while speaking at the Apostolic Coalition Summit in Lagos. According to him as a stop gap measure, the Buhari administration is engaged in direct creation of jobs, including the plan to create 500, 000 jobs…