News

Brigadier-General, Other Officers Detained Over Alleged Coup Plot To Overthrow President Tinubu

Published

7 months ago

October 18, 2025

Editor

At least sixteen senior military officers have been detained by the Armed Forces of Nigeria for allegedly planning a coup d’etat to overthrow President Bola Tinubu, top sources have told SaharaReporters.

A coup d’état is an overt attempt by a military organisation or other government elites to unseat an incumbent person or leadership.

While the Nigerian military in a statement few days ago claimed the detention of the officers was linked to “repeated failure in promotion examinations and perceived career stagnation”, top sources revealed that they were actually arrested over a coup plot.

“The Armed Forces of Nigeria wishes to inform the public that a routine military exercise has resulted in the arrest of sixteen officers over issues of indiscipline and breach of service regulations,” the Director of Defence Information, Brigadier General Tukur Gusau had said in an ambiguous statement.

“Investigations have revealed that their grievances stemmed largely from perceived career stagnation caused by repeated failure in promotion examinations, among other issues.

“Some of the apprehended officers had been under jurisdiction for various offences, either awaiting or undergoing trial. Their conduct was deemed incompatible with the standards of military service.”

However, a senior official of the Defence Intelligence Agency involved in the arrest told SaharaReporters that the officers led by an Army Brigadier General were planning to stage a coup and take over government from “selfish politicians”.

He said the coup attempt was thwarted after an intelligence gathering by the DIA and sister agencies.

“The 16 officers were planning a coup. The military authorities were just being diplomatic in the statement released by the spokesperson. They have started doing secret meetings on how to overthrow the President and other top government officials,” the source told SaharaReporters.

“They’re all officers within the rank of Captain to Brigadier-General and are still in detention at DIA as we talk. They were picked recently at their various houses around the country. Their main objective was to overthrow President Tinubu and announce a military government.”

Another source added that the October 1 Independence Day parade was cancelled because of the coup attempt.

He said, “Yes, they were arrested for planning to stage a coup and take over government. That was the main reason why the Independence Day parade scheduled to hold on Wednesday, October 1 as part of activities marking the country’s 65th Independence Anniversary was cancelled.

“This was because intelligence reports showed they planned the coup on October 1st during a military parade. So the National Security Adviser and other service chiefs asked the Tinubu-led government to cancel the parade earlier scheduled to mark the day.

“Their plan was to shoot at the President and other top politicians during the event. The move by the military authorities announcing their arrests was to douse tension.”

Since Nigeria became independent in 1960, there have been five successful military coups.

Recently, there have been allegations of corruption in the military which some of the officers and soldiers have blamed for their loss of interest in the country’s military.

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

4 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

6 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.