News
Court Awards N200m Judgment Against Nigerian Army For Killing Businessman

Justice Maureen Onyetenu of the Federal High Court in Owerri, Imo State, on Thursday, awarded a N200m court judgment against the Nigerian Army for killing a businessman, Noel Chigbu.
Delivering the judgment, the jurist agreed with the applicant’s request that the Nigerian soldiers were liable for the killing of the businessman at Amakaohia flyover in Owerri on April 30, 2021.
Although counsel for the applicant, Brigadier Gen. G.O. Anyalebechi (retd.), demanded N1bn in compensation for the killing of the businessman, the court settled for N200m.
Briefing our correspondent after the judgment, Anyalebechi said that he was satisfied with the court verdict.
The counsel said, “I am satisfied with the judgment. Though we asked for N1bn, the court awarded N200m. The court found the Commander of the 34 artillery Brigade Command, Nigerian Army Obinze, and the Chief of Army Staff, liable.
“But the governor of Imo State and the Chief of Defence Staff were not found liable. This is so because, even though the governor of Imo State invited the military to Imo State, he was not the commanding officers of the soldiers who killed Noel Chigbu. The Chief of Defence Staff is not also the commanding officers of the soldiers who killed the businessman.
“In military jurisprudence, the Chief of Army Staff and the commander of 34 artillery Brigade Command Obinze are the commanding officers of the officers who killed Noel Chigbu. They are liable for what their subordinates did.
READ ALSO: Bomb Explosion Rocks Oil Company In Imo
“Instead of the Chief of Army Staff and the commander of the 34 artillery Brigade command Obinze to punish the erring officers, they endorsed their actions. I am satisfied with the judgment but I am ready to meet them at the higher court if they want us to wash our dirty clothes in the public.”
The applicant and elder brother to the deceased, Tobechi Chigbu, said that though no amount of money could equate the life of their brother, the judgment was a relief to his family.
The deceased eldest brother and spokesperson for the family, Tobechi Chigbu, had informed journalists that some soldiers shot dead his brother on the day he took delivery of his new Toyota Camry car and was driving home at the close of work.
The distraught Tobechi said Noel was killed after dropping off his friend and heading home at Amakaohia in Owerri.
He had said that the Deputy Commissioner of Police in charge of operations in the state told the family that the soldiers said they shot his brother dead because he violated their checkpoint rule.
Tobechi had said, “Noel was one of my younger brothers. He would have been 39 on May 18, 2021, unfortunately, he was shot dead on the day he took delivery of his new vehicle. His corpse was dumped at the Federal Medical Centre in Owerri by the soldiers who killed him.”
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.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies 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
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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