News
Don To FG: Introduce Spirituality In Tertiary Education
A professor of accounting, Francis Iyoha, has urged the Federal Government to introduce spirituality as a subject into the tertiary curriculum to further check corruption and fraud in the country.
Iyoha, who is a senior lecturer in Accounting Department, Covenant University, Ota, Ogun State, gave the advice during the 27th Inaugural Lecture of the institution on Saturday.
The lecture had the theme: “Actuating Spirituality for Ethical Accounting Practice.”
He said that the introduction of spirituality into institution’s curriculum would help to tackle error and reduce unethical practices in the country.
The accountant added that this would also lead the accounting profession to return to the path of honour and address moral decadence in the system.
“The teaching of ethics in our higher education institutions cannot be overemphasised as it will impact positively and significantly affected ethical behaviour of leaders, accountants, and managers trained for the future challenges,” Iyoha said.
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He noted that the issue of unethical practices leading to corruption and fraud had become a concern as many companies, both local and international, had closed down due to false declarations of audited results.
“The private and public companies need to emphasise spirituality in their job schedules and offering when hiring accountants and auditors.
“In addition, the Accounting Standard Setters and Professional Accounting Organisation should also emphasise spirituality in its conceptual framework and develop standards that encourage spirituality,” he said.
In his welcome address, the Vice Chancellor of Covenant University, Professor Abiodun Adebayo, lamented that several businesses and organisations had shut down due to unethical accounting standards.
According to him, such unethical accounting standards include manipulation of figures, lack of courage to blow the necessary whistle, and sin of omission, among others.
Adebayo said that this concern informed many government and regulatory agencies around the world to review regulations governing accounting standards, finance, and corporate governance.
The vice-chancellor said that the institution had set up a Spirituality Centre that would train a new generation of leaders on impactive leadership.
NAN/PUNCH
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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