News

Benin Chief Calls For Caution As Unidentified Person Cast Aspersions At Oba Over Land

Published

4 years ago

August 28, 2022

Editor

A Benin palace chief, the Ayobahan of Benin kingdom, Chief Osamede Adun, on Sunday cautioned some highly placed leaders of Ulegun Community in Ikpoba-Okha Local Government Area of Edo to stop encroaching into the land belonging to the Oba in the community, describing the act as a sacrilege.

Reacting to video posted in the social media where an unidentified person was casting aspersions at the Oba for moves to reclaim the land, Adun, in a press conference, said he was one of the chiefs that went round the Kingdom to identify all the lands belonging to the Oba as handed to his forefathers.

The Benin chief expressed shock that the same people who led them to this land, which has its survey papers were the same people allegedly selling them to private developers.

While reaffirming his loyalty to the Benin Kingdom, Adun said, “If these people want to cause a crisis in the kingdom, they should be told that they won’t succeed. I heard the man who did the video mentioning Ogiamen. For the information of the public, Ogiamien does not have a palace, Ogiamien is a chief like me that belongs to Uzama N’ibie in the palace.

“The land was given to Oba Akenzua and not even this our father (the present Oba). The land has been there for over three decades. I was one of those chosen to check the land all over the Kingdom shortly after the new king was installed and then we took inventory. It was the elders in this village that showed us this land belonging to the Oba and we confirmed with the survey plan and we went back to report to the Oba.

“About a year ago, some people started building houses on the land and these same leaders who said the land belonged to the Oba are responsible for giving this land out.

“It is an abomination to take over Oba’s land except he gives it to you, so the steps we are taking now to recover those land is a decision taken by the palace chiefs because we will not fold our arms and watch people who claim to be Benin destroy our heritage.

“Benin is not for sale, the palace is not for sale, they have finished selling their fathers’ land and now they want to sell Oba’s land, we will not accept it,” he added

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

4 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.