News
Akaw Ibom Unveils 178-year-old Slave Boat Confiscated By Natives

Akwa Ibom State government unveiled a slave boat after 178 years, which was confiscated from slave masters by angry natives of Nwaniba in Uruan Local Government Area of the state in a guerilla warfare.
The unveiling of the slave boat to the public at Marina Beach, Uyo, the state capital, was done, yesterday in partnership with the National Association of Akwa Ibom, NAAKIBOM, USA.
At the event, the Commissioner for Culture and Tourism, Mr. Charles Udoh, said: “The slave boat is believed to have voyaged from Liverpool to berth in Nwaniba, Uruan LGA in 1846, where the slave masters resided to transact in the nefarious businesses.
“The slave boat was confiscated from the slave masters by the natives of a coastal community of Nwaniba in Uruan LGA of the state towards the end of the slave trade era in the world.
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“Irked by the excruciating pains of slavery and the inhuman treatment of the slave masters, the angry natives confiscated the slave boat in a guerilla warfare.
“This is one of the remaining relics of the colonial masters slave business in Akwa Ibom State and it is located at the Marina Beach.”
He disclosed that the slave boat restoration and preservation project was funded by investors brought in by NAAKIBOM, USA.
He expressed appreciation to NAAKIBOM for partnering state government in the promotion of tourism in the state, and solicited same partnership from other Akwa Ibom groups in the diaspora.
“Akwa Ibom is endowed with virgin untapped tourism potentials across the length and breadth of the state, the longest coastline in the region, of 129km and tourist sites with historical perspectives beckoning on investors,” Udoh added.
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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