News

Court Asserts Jurisdiction, Adjourns Case Against Abure

Published

3 years ago

May 12, 2023

Editor

The High Court of the FCT has assumed jurisdiction in the suit filed by Yomi Arabambi, the Publicity Secretary of the Labour Party (LP) loyal to the party’s suspended Deputy National Chairman, Lamidi Apapa, and seven others against the National Chairman, Julius Abure, and three others.

Justice Hamza Mu’azu stated this on Friday, while ruling on the preliminary objection filed by Abure and the National Secretary, Farouq Umar Ibrahim, challenging the jurisdiction of the court to entertain the matter.

The suit is based on the order restraining Abure and Ibrahim; National Organising Secretary, Oluchi Opara; and National Treasurer, Clement Ojukwu, from parading themselves as leaders of the Labour Party.

The order is pending the hearing of a suit seeking, among others, their sack over allegations of forged court documents, including receipts and the seal of the FCT High Court, which they were said to have used in the substitutions of LP’s candidates in the 2023 general elections.

At Friday’s hearing of the matter slated for ruling on preliminary objection on jurisdiction of the court to hear the matter, Justice Muazu Hamza, in a short ruling, held that the court had jurisdiction to hear the matter.

The judge said the plaintiffs were right to bring the matter by originating summons, adding that the matter is justifiable to be heard.

He then adjourned the case to May 17 for hearing on the substantive suit, saying Abure and three others remained suspended, pending the outcome of the suit.

Meanwhile, the leadership of the Labour Party has expressed disappointment over the refusal of the FCT State High Court to decline jurisdiction in the matter brought before Justice Mu’azu by a group loyal to Apapa against some LP leaders, including Abure and three others.

In his ruling, the judge said that he would go ahead to hear the substantive matter. The matter has been adjourned to Friday, May 19 for further deliberation.

However, the party’s leaders said they were appealing the ruling immediately “because we know we will not get justice from the court”.

The LP leadership added that Abure remained the National Chairman of the party, pending the final determination of the matter.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

45 minutes 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

1 hour 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

3 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.