News

Court Orders Arrest of Ondo Monarchs’ Impostors

Published

4 years ago

September 9, 2022

The Chief Magistrate Court sitting in Akure, Ondo State on Friday issued warrants of arrest and directed the state Commissioner of Police to produce in court two suspects who have been parading themselves as Oba in Irele and Igodan Lisa in Okitipupa Local Government Area of the state.

The suspects, who are Adeyemi Akinde and Ademola Idowu Oloworibiyi, were said to have been parading themselves as traditional rulers in the two communities.

This was contained in a statement issued by the Special Adviser to the state Attorney General and Commissioner for Justice, Mr Kola Adeniyi, on Friday.

According to the statement, the order of the court was made sequel to the application of the Attorney General and Commissioner for Justice Ondo State, Mr. Charles Titiloye.

The statement read, ” In Charge No MAK/423C/2022 filed by the Hon. Attorney General and Commissioner for Justice before the Chief Magistrate Court sitting at Oke Eda, Akure, Ademola Idowu Oloworiyibi was accused of conspiring with others now at large to unlawfully assume the chieftaincy title of Olofun of Irele contrary to and punishable under section 516 of the Criminal Code Laws of Ondo state.

“Oloworiyibi was also accused of permitting himself to be installed and parading himself in royal regalia as Olofun of Irele without the approval of Ondo State Executive Council and in contravention of section 15(1) and (2) of the Chiefs Law of Ondo State.

“Similarly, in a separate Charge No. MAK/424C/2022 Adeyemi Akinde was accused of conspiracy and unlawful installation as the Olu of Igodanlisa in contravention of the Chiefs Law of Ondo State.

“The trial of the two suspects was stalled because of their absence in court today ( Friday). The magistrate directed the Commissioner of Police to arrest and produce them on the next adjourned date. The case was thereafter adjourned to 19th of September, 2022,” The PUNCH quoted the statement.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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.