News

200 Octogenarians To Receive Chieftaincy Titles In Anambra Community

Published

2 years ago

March 2, 2024

Editor

The Traditional ruler of Obosi, His Royal Highness, Igwe Chidubem Iweka, has said that over 200 octogenarians will be honoured with Ogbueshi titles.

Iweka stated this on Friday when he received the News Agency of Nigeria (NAN) Anambra state Correspondent, Mrs Joy Mbachi, who came visiting his palace.

He explained that the Ogbueshi title is a festival used to celebrate the elderly who have attained 80 years of age.

He said that the celebration, also known as Iteogbo, is an age-long cultural heritage of the people in the community.

According to him, with this initiation into the Ogbuefi title by those who have attained 80 years (Oforka agegrade), they have been exempted from all manners of levies and communal works.

“We began honouring these categories of elders as part of respect to them to have attained this height.

“Some of our neighbouring communities have emulated us and today they come to us to know how we have been able to uphold this for years.

“On Sunday, the Christians will get to church to thank God for a successful initiation and the traditionalists will also get to their shrines to thank God,” he said.

Earlier, the Prime Minister (Onowu) of the community, Chief Austen-Anibogwu, while corroborating the traditional ruler’s position, added that there are moves to make the occasion a tourist attraction and affiliate it with other national festivals of other tribes.

“It is an age-long ceremony that is celebrated every three years. As this Oforka age grade will be initiated on Saturday, March 3, those age grade members that will follow them will be initiated in the next three years.

“In every family that is celebrating the occasion, a cow must be slaughtered and that is why they are called Ogbueshi (literally meaning killer of cow),” he said.

(NAN)

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

51 minutes ago

May 6, 2026

Editor

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.

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.

He has been a regular feature for Lazio this season.

News

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

Published

1 hour ago

May 6, 2026

Editor

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.

“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.

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

News

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

Published

3 hours ago

May 6, 2026

Editor

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.

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

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

“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.”

“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).

“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.”

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.