News
86 Sponsored Students Cry To Bauchi Gov Over N139m Debts Owed Igbinedion Varsity
86 indigent students of Bauchi State, yesterday, cried to Governor Bala Mohammed of Bauchi State over N139 million debts owed Igbinedion University, Okada, Edo State.
Consequently, the distressed students said their certificates had been withheld, pending when they paid their debts.
The students were offered undergraduate scholarships and sponsored by the administration of former governor of the State, Isah Yuguda, in 2014, and were offered courses n medicine, pharmacy, nursing and engineering, among others.
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Their plea for intervention by was contained in an open letter addressed to the governor and signed by President of the 86 sponsored Bauchi students of Igbinedion University, Muhammad Umar.
The letter read: “First, I would like to express our deepest appreciation for the support and assistance your esteemed office provided in October 2021, following a meeting held between the university management and government representatives, led by the Secretary to the State Government SSG on your behalf, during which an agreement was reached to settle our outstanding debt in monthly installments.
“Your intervention brought us immense hope and assurance that our educational pursuits would be realised.
“Through your intervention, you have demonstrated that every child, regardless of his/her background, deserves a chance to thrive and contribute to the development of our great nation.
“Your Excellency, we have exhausted all avenues in an attempt to reach you directly but unfortunately, our efforts have been in vain.
”Therefore, we humbly implore you to lend us your unwavering attention and support once again. As the 86 sponsored students, we hail from impoverished backgrounds, and our families possess limited financial means.
“Our certificates have not been released, and we are unable to proceed with the necessary steps for our future endeavours. This predicament has left us stranded and filled with a sense of despair as our families’ hopes and aspirations rest heavily on our success.”
Meanwhile, the university’s bursar, Emmanuel Imafidon, confirmed the debts owed the institution by Bauchi State government.
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
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.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
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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“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
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.
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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.
“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).
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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.”
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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