Book Review, Launching, and Should Jarga Attend and/or Address the Banjul 15Th OIC Summit? 
The News Chronicle
by Jarga Kebba Gigo
6h ago
Beside the terrible wars around the world, all eyes are on Banjul, the Gambia. A big chunk of world leaders and their representatives (delegates) are to convene in the Gambia within a week. Coincidentally, the Lord have chosen Jarga k. Gigo of the Gambia in publishing Juts Quhr-aahn, the book of the century, destined to ..read more
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China’s Q1 Industrial Profit Growth Rate Raises Concerns about Economic Recovery
The News Chronicle
by Ken Ibenne
6h ago
Official statistics released on Saturday revealed that China’s industrial earnings decreased in March and slowed advances for the quarter compared to the first two months, casting doubt on the strength of a rebound for the second-biggest economy in the world.  According to data from the National Bureau of Statistics (NBS), the combined profits of China’s ..read more
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Guinness Nigeria Loses N62 billion Despite Price Increment
The News Chronicle
by Ken Ibenne
6h ago
Guinness Nigeria had an after-tax loss of N61.7 billion for the nine-month period ending March 31, 2024, compared to a profit of N5.9 billion in the same period in 2023, despite the price hike.  The brewer’s revenue increased by 28% to N220.3 billion during the same period last year, from N172.5 billion. “Guinness’ performance in ..read more
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MRS Reports Pre-tax Profit of N3.076 billion in Q1 2024
The News Chronicle
by Ken Ibenne
6h ago
MRS Oil Nigeria Plc announced a pre-tax profit of N3.076 billion for the first quarter ended March 31, 2024, up 58.34% year on year (YoY).  MRS Oil recorded an outstanding N79.160 billion in sales in its 2024 Q1 financial statements, a 157.11% rise over the N30.788 billion reported in the previous year. With 88.7% of ..read more
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President Tinubu Chooses CEOs for NESREA and NBRDA
The News Chronicle
by Ken Ibenne
6h ago
The Federal Republic of Nigeria’s President Bola Tinubu has approved the hiring of two Chief Executive Officers for two agencies. The recent appointments were disclosed, according to a statement issued on Friday, April 26, 2024, by Chief Ajuri Ngelale, Special Advisor to the President. Prince Ebitimi Amgbare has been appointed as the Managing Director/CEO of ..read more
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Nigeria’s Stock Market (NGX) Sees Sharp Increase in Foreign Portfolio Inflow in Q1 2024
The News Chronicle
by Ken Ibenne
6h ago
In the first quarter of 2024, foreign portfolio inflows into Nigeria’s Stock Market (NGX) were N93.37 billion, a 415% rise over the same period in 2023. The Foreign Portfolio Investment statistics for the first quarter, released by the NGX research department, highlight this noteworthy increase. In terms of money, nevertheless, the actual inflow for the ..read more
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Rivers Tanker Explosion: Fubara Visits Scene, Says Incident, Avoidable- Fubara
The News Chronicle
by Pius Kadon
6h ago
The Rivers State Governor, Siminalayi Fubara, has described as sad the fire incident caused by a tanker conveying Premium Motor Spirit also known as petrol which claimed many lives and destroyed several vehicles. The governor who stated this on Saturday while assessing the level of damage caused by the unfortunate incident decried that such an ..read more
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Shambolic Liverpool held to a draw by West Ham
The News Chronicle
by Oladimeji Adeoye
6h ago
Liverpool has suffered another title blow after being held to a 2-2 draw by West Ham in the English Premier League matchday 35. Liverpool’s title hopes took a turn after losing to Crystal Palace and Everton in just a few matches to conclude the season. Amid all these ordeals, Liverpool was knocked out of the ..read more
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Bobrisky and Tax Reforms in Nigeria
The News Chronicle
by Abiodun Komolafe
6h ago
The charade of Nigeria is never-ending! Only recently, one of Nigeria’s best-known cross-dressers, Idris Okuneye, alias Bobrisky, was arrested on charges of abusing banknotes. He was later convicted and sentenced to six months in prison. Not long after, popular socialite, Pascal Okechukwu, aka Cubana Chief Priest, was also arrested for alleged naira abuse and he’s ..read more
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DNA Saga: Mohbad’s Father Places Court Order On Daughter-in-law’s Gate
The News Chronicle
by Augustina John
6h ago
Mr. Joseph Aloba, the father of Mohbad, who sadly passed away, recently took a bold step by affixing the court order for a DNA test on the gate of his daughter-in-law, Wunmi.  This action was prompted by Wunmi’s earlier denial of receiving the court order for her son’s paternity test, despite the court sending it ..read more
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