News
Court Grants 10 #EndBadGovernance Protesters Bail
Justice Emeka Nwite of a Federal High Court in Abuja on Wednesday granted ten #EndBadGovernance in Nigeria protesters who were arrested and detained for treason among others.
While delivering the ruling, the trial judge held that Nigeria’s criminal justice system has its stipulations for the prosecutor and the defendant.
He added, “in the instant case the defendant applicant have shown in their proof of evidence that the defendants’ applicant is just protesters”.
Justice Nwite agreed with the argument of the 1st 2nd and 4th defendants’ counsel, Abubakar Marshall “that Anybody charged with a criminal offence must be presumed innocent until proven guilty”.
On this note, he granted the defendants bail.
He said, “I have carefully considered the counsel’s submission on both divides. I at this moment grant the defendants bail not withstanding the crime.
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“The bail is hereby granted to the defendants applicant in the sum of N10m each and one surety in like some”.
The sureties must be residents in Abuja the court ruled.
Justice Nwite also held that the sureties must own properties in Abuja and are to deposit documents of the properties to the court registrar in addition to swearing to affidavit of means.
The court also ruled that the defendants and the sureties must deposit their international passports and three recent passport photographs with the court registrar.
Until they perfect their respective bail conditions, Justice Nwite ordered that the defendants be returned to prison.
He also ordered the defendants to refrain from participating in any public rally or protests throughout their trial and fixed September 27 for the commencement of trial.
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The defendants are; Michael Adaramoye also known as Lenin, Adeyemi Abayomi, Suleiman Yakubu, Comrade Opaluwa Simon, Angel Innocent, Buhari Lawal, Mosiu Sadiq, Bashir Bello, Nurudeen Khamis and Abduldalam Zubair.
They are facing a six-count bordering on alleged treason, intent to destabilize Nigeria, conspiracy to commit a felony, and inciting to mutiny which is said to be an offence punishable under section 97 of the penal code.
They were also said to have allegedly attempted to force their way into the seat of power during which they allegedly burned down the police station and injured police officers.
The FG also accused them of inciting the Nigerian public against the government and destroying several public properties comprising police station, High Court complex, and National Communication Commission facilities.
The defendants, however, pleaded not guilty to the charge brought against them by the Inspector General of Police.
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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