News

Drama As Two Rectors Resume Duty At Osun Poly Campus

Published

3 years ago

September 7, 2023

Editor

There was mild drama on Thursday at the Osun State Polytechnic, Iree, as two Rectors resumed duty in the institution’s campus.

The institution had been in crisis recently following the suspension of the Rector, Dr Tajudeen Odetayo on July 11, 2023 by the state government on allegation of fund misappropriation and appointing Mr Kehinde Alabi in acting capacity.

However, Odetayo through his counsel, Rasheed Adeniyi, on August 21, 2023, approached the Industrial Court with an order of interim injunction restraining the defendants/respondents, their servants, privies, employees or howsoever described from giving effects to the letter of suspension dated 11th July, 2023 and letter of querry dated 1st August, 2023 given to the claimant/applicant herein or in any way interfering with the claimant/applicant’s position as the Rector of Osun State Polytechnic, pending the hearing and determination of motion on notice for interlocutory injunction before this court.

Justice O. A Ogunbowale, who presided over the matter in Lagos, granted the order sought by the claimant and restrained the state government and its agent from acting on the matter pending the determination of the suit before it.

According to VANGUARD, on Thursday, both Odetayo and Alabi resumed duty as rector on the school with Odetayo and some workers supporting him resuming at the Rector’s office while Alabi and his supporters also gathered inside a hall.

Odetayo after arriving the campus presented a court order to the Chief Security Officer before proceeding to the office escorted by a faction of Academic Staff Union of Polytechnic, ASUP in the school.

Few minutes later, Alabi along with his ASUP faction arrived the school and converged inside a hall in the campus.

In a statement he personally issued and made available to newsmen by Tope Abiola, he charged students and staff to remain calm as government is taking necessary steps to ensure peace return to the campus

“I urge you to remain calm and go about your normal duties without any protest”, he said.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour 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

1 hour 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

4 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.