News

Abure Bows To Pressure, Begs NLC President For Reconciliation

Published

2 years ago

May 15, 2024

Editor

Labour Party National Chairman, Julius Abure, on Wednesday, appealed to the President of the Nigeria Labour Congress, Joe Ajaero, to set aside his differences and work together with the party leadership for old-time’s sake.

Abure made the plea at his first press conference following the April 3 fire incident that almost claimed his life at his Abuja residence.

Both Abure and Ajaero had been at loggerheads following several attempts made by the congress to take control of the party structure over claims the embattled LP chairman was running a one-man show amid allegations of financial malfeasance.

The LP camp had also made a counterclaim that Ajaero was desperately seeking to evict the Abure-led National Working Committee with an ulterior motive to use the party as a transactional platform ahead of the 2027 election.

Addressing newsmen at the party secretariat in Abuja, Abure described the NLC president as a friend and brother having worked together in the trenches over the years fighting for the welfare of workers.

The LP national chairman therefore urged the union leader to put aside his grievances and support their effort to rebuild the country in the interest of Nigerians.

He said, “Consequently, I want to appeal first to my brother, friend and Joe Ajaero, President of the NLC whom we have worked together in the trenches over the years in the struggle for workers, to put aside whatever may be his grievances. Let’s work in the interest of our people.

“Fighting the Labour Party is uncalled for and unwarranted, especially at this time when the working people of Nigeria are suffering. As we speak today, the minimum wage is still N30,000. There are unfair workers practices by employers across the country. The inflation in Nigeria is unprecedented and nobody talks about workers welfare.

“For us, we need to team up together to be able to fight for better working conditions for our people. We need not waste or dissipate our collective energies in fighting ourselves over nothing. The NLC should know by now that the attempt being made to take over the leadership of the party will not work. It is my appeal that working together is better.”

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 hours 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

2 hours 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

5 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.