News

CSO Issues Ultimatum To EFCC, ICPC Over Corruption Allegations Against JAMB Registrar

Published

4 years ago

November 1, 2022

Editor

An Abuja based Civil Society Organisation, Anti-Corruption and Integrity Forum (ACIF), has given the Economic and Financial Crimes Commission, EFCC, and Independent Corrupt Practices and Other Related Offences Commission, ICPC, seven days ultimatum to make public their findings on the corruption allegations levelled against the Registrar of the Joint Admissions and Matriculation Board (JAMB), Prof. Is-haq Oloyede.

The organization threatened court action against the anti-graft agencies if it fails to heed the demands.

In a letter dated October 27, 2022, written to the EFCC and ICPC, signed by Director of Communication, ACIF, Bashorun Oladokun Abdulwajeed and made available to journalists in Abuja on Monday, the group alleged that there is a deliberate attempt to sweep the case under the carpet.

ACIF noted that it observed with keen interest the near comatose state of JAMB under the leadership of Oloyede. It recalled that one of its sister Civil Society Organisations, Transparency Advocacy for Development Initiative (TADI), had on August 21, 2022, written a petition, drawing the attention of the anti-graft agencies to certain indicting facts and documents uncovered against Oloyede.

The Forum recalled that TADI on September 19, 2022, also wrote the EFCC reiterating the need for Oloyede and Mufutau Alabi Bello who presently serves as Director of Finance & Accounts (DFA) of JAMB to be investigated and possibly prosecuted for the economic crimes they have committed.

Part of the letter read: “We are at a loss as to the quietness, lethargy and cold feet developed by the Commission regarding the allegations as if the same has been swept under the carpet probably because the persons involved are in high profile positions.

“The fact that Oloyede and Bello are still walking the streets freely while looting JAMB dry under your watchful eyes is rather worrisome.

“Sir, you will agree with us that the benefits of a corruption-free society cannot be over-emphasized. Therefore, we owe it as a public duty to ensure that the battered image of the country in the eyes of the international community due to the high level of corruption is redeemed at all costs before President Muhammadu Buhari leaves office on May, 29, 2023.

“It is on that note that we hereby demand, based on the Freedom of Information Act, 2011 that you avail us the status report of the investigation concerning Oloyede and Bello within Seven days from the date hereof.

“This will help allay our fear that justice is being delayed and put us in a proper position to answer numerous questions coming to us from prying members of the public.

“If you fail to act as herein demanded, we shall institute proceedings under Section 1 (3) of the Freedom of Information Act, 2011 for purposes of seeking, amongst other reliefs, an Order of Mandamus compelling you to carry out your duties under the Economic and Financial Crimes Commission (Establishment, Etc) Act, 2004 and other extant laws”.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 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

24 minutes 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.