News

AAU Ekpoma Students Flee Campus, Classes Over Fear Of EFCC’s Arrest

Published

1 year ago

February 25, 2025

Editor

Students of Ambrose Alli University (AAU), Ekpoma, Edo State, have reportedly abandoned the university campus and classes for fear of being arrested by the operatives of the the Economic and Financial Crimes Commission (EFCC).

This followed a recent raid by operatives of the anti-graft agency at different locations in Ekpoma on February 15, 2025.

A student of the institution who identified herself as Chioma, said the school premises is now devoid of the usual human and vehicular traffics.

Chioma named the students-populated areas in Ekpoma recently raided by the anti-graft agency to include, Ihimudumu, Poultry, G1 and G2 streets, among others.

“Since the raid, the streets are virtually empty. During lecturer hours, majority of students you see are those who reside in the school hostels,” she volunteered.

There are however, conflicting reasons given to why the anti-graft agency raided the community.

A source attributed it to the activities of syndicate fraudsters who reportedly duped unsuspecting victims the sum of N1.4 billion, while another source claimed the agency became suspicious of the students, following a wild jubilation after their final year examinations on January 29, 2025.

A footage of the celebration which went viral, showed students in exotic motorcade display.

In the video, the students were also seen using siren, spraying money, shouting, shooting; even as they blocked the access roads leading in and out of the AAU.

Recall that the management of the University at the time expressed concern that despite the memos prohibiting wild jubilation and celebration on campus, graduating students violated the directive.

It, therefore, cancelled all the final year examinations written on the said date and rescheduled it.

However, in an update on its official X platform, the EFCC said 47 suspected internet fraudsters were apprehended during the raid.

The Commission noted that the suspects were arrested based on credible intelligence that linked them to fraudulent internet activities.

“Items recovered from them (susupects), include 14 exotic cars, laptops and phones.

“They have made useful statements and would be charged to court as soon as investigations are concluded,” the statement said.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

7 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

29 minutes 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.