News
APC, Edo Govt. Go Petty, Trade Blames Over Fire Incident
The main opposition All Progressives Congress, APC, in Edo State, and the state government have traded blames over a fire incident that occurred last night at a commercial area – Lagos street – in Benin City, the state capital.
A statement by Mr. John Mayaki, the Chairman of Edo Media and Publicity Committee of the APC Presidential Campaign Council on Wednesday, accused the Obaseki-administration of “unconscionable negligence, especially on the issue of incessant fire incidents reducing people’s livelihoods and means of economic survival to ashes.”
He further criticized the government over an alleged failure to find a lasting solution to regular fire incidents which ravage major markets in Benin City, the Edo State capital, particularly at the end of the year.
He statement reads in part: “Every December, innocent women and traders in Edo State are made to suffer the terrible tragedy of seeing their life investments, and possibly sole means of economic survival, destroyed by fire outbreaks enabled by the negligence and irresponsibility of the state government.”
“What is most troubling is that these incidents have followed the same pattern within the life of the hapless Obaseki-administration, with no serious or proactive response from the government despite the heavy toll on the well-being of ordinary citizens, including market women who form the lifeblood of Edo State’s commerce.”
But the Edo State Government in a statement by the Commissioner for Communication and Orientation, Mr. Chris Nehikhare, accused the APC of being responsible of the last night fire incident and previous ones in major markets in the city.
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“The coincidence of the timing of these unwarranted fires is cause for concern. Edo State government strongly believe that the APC must be involved,” the statement added.
It continued: “In fact traders in Ekiosa Market told journalists then that the fire was the handiwork of mischief makers, at a time the APC was aggressively looking for ways to blackmail Governor Godwin Obaseki and dent his high popularity ratings weeks before the election.
“It would interest you to know that since after the last gubernatorial election in Edo State, there hasn’t been any market fires.
“Now that elections are coming again, the APC has resorted to one of its devilish and inhuman tactics and has started with the Lagos Street fire incident,” it 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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