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10 Things To Know About Late Elder statesman Chris Ogunbanjo

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Elder statesman and foremost corporate lawyer, Dr Christopher Ogunbanjo, passed away on Saturday, October 7, 2023.

The PUNCH reported that the patriarch died at the age of 99, two months before his 100th birthday.

Announcing his passing via a statement, his family said, “Papa was an unwavering beacon of reassurance, courage and moral integrity for the entire family, truly embodying dedication and service to his country.”

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While President Bola Tinubu and other eminent Nigerians continue to mourn his passing, below are 10 things to know about the late philanthropist:

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Christopher Oladipo Ogunbajo was a Nigerian corporate lawyer and philanthropist from Ogun State.
He was born on December 14, 1923, to the family of Daniel Ajayi Ogunbanjo, a Catechist from Erunwon, Ijebu, Ogun State.

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He was educated at St Phillips Primary School, Aiyetoro, Ile-Ife before proceeding to Oduduwa College, Ife for his secondary education in 1936.

He began work in 1942 as a junior clerk in the Judicial Dept in Enugu and was subsequently transferred to Port Harcourt.

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He left the civil service in 1946 to study law at the University of London. Ogunbanjo obtained a law degree in 1949 and was called to the bar in 1950.

He worked briefly for H.O. Davies’ law firm before establishing his private practice; his firm added two more partners, Samuel Ladoke Akintola and Michael Odesanya in 1952 to become Samuel, Chris and Michael Solicitors.

He was an early advocate of domiciliary accounts in Nigeria which later came into existence through the promulgation of the Foreign Currency Decree 18 of 1985.

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Ogunbanjo’s familiarity with corporate law led him to be a significant shareholder in various Nigerian companies like West African Batteries, Metal Box Toyo, Union Securities, 3M Nigeria, ABB Nigeria, Roche Nigeria and Chemical and Allied Products Ltd.
In the late 1960s, he was among the group of businessmen who supported local equity participation in foreign firms operating in Nigeria.

He was the Olotu of Ijebuland, the Larinja of Egbaland, Gbadero of Lagos, Lerinja of Egbaland, Baba Oba of Ijebu Imusin, and Baba Oba of Erunwon Ijebu.

 

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

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By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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