News

Alaafin Stool: 28 Ruling Families Kick Over Alleged Marginalisation

Published

4 years ago

October 9, 2022

Editor

No fewer than 28 ruling families from the Agunloye Ruling House have warned that selection of the new Alaafin may drag for long if the none of the families is given the opportunity to ascend the throne again.

They said only one family out of the 29 ruling families in Agunloye Ruling House has been ascending the throne anytime it was the turn of the ruling house.

The Mogaji Agunloye Isale Oja, Oyo town, Pa Isiaka Karimu, in an interview with our correspondent on Saturday, said that the family of Lawani Agogo Ija had produced the Alaafin on the three occasions for Agunloye Ruling House.

He said the remaining 28 families would not allow themselves to be marginalised again.

He said, “Our appeal is to the Oyo Mesi, who are the kingmakers and to the state government as well, to allow fairness this time around. The 28 families who have been marginalised are also entitled to the throne.

“We won’t allow this opportunity to pass us by again and that is why we are making this passionate appeal to those concern to be fair this time.

“There are 29 ruling families in Agunloye Ruling House and only one family out of the 29 has monopolised the throne.

“They still want to ascend the throne again this time but we won’t allow that. This can lead to legal war but we don’t want that. We have submitted names of 14 contestants and we ask them to choose out of these names as the next Alaafin. They are all competent and qualified to rule.

“Lawani Ago Ija, Bello Gbadegesin and Alaafin Siyanbola Ladigbolu have ruled from Agunloye Ruling House and the three of them are from the same ruling family. But 28 families have always been sidelined.

“Their children are still contesting now when the 28 remaining ruling families have not had a shot at the throne. What they are telling us is that we are not entitled to the throne but that won’t happen.”

Recall that the Alaafin stool became vacant following the death of Oba Lamidi Adeyemi on April 22 at the age of 83.

Oba Adeyemi was produced by the Alowolodu Ruling House.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 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

3 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.