News

Edo Train Attack: ‘We Paid N2m To Kidnapper For My Sister’s Release’

Published

3 years ago

January 21, 2023

Editor

Despite the efforts of security agencies with support from the Edo state government, some family members of the victims of the recent attack and kidnap of passengers and other people at the Igueben train station in Edo state said they paid money to the kidnappers of their loved ones before they were free.

One of such simply gave her first name as Favour and was from Ebudin in Esan Central local government area whose elder sister that was about to board the train to Warri was abducted in the attack.

Security agencies and the state government have said at different times that no money was paid to free the victims but they were all rescued.

Recounting her experience to Sunday Vanguard yesterday, Favour said “It was not really easy for us. The kidnaped person is my elder sister who stays in Warri, Delta state with her family.

“When I first heard of the incident, I almost collapsed because we have been traveling in vehicles but with the spate of kidnappings, we felt we are not secured and we started using the train and now this kidnap happened. It was really hell for everybody in the house, I wasn’t myself at all but I have to thank God that they have been released.

“The kidnappers called my brother, they were communicating with him. They were asking for a ransom of N20 million and my brother told them we don’t have much money, they were talking on the phone, and although the government was also doing something to release them, we gave them two million naira and I thank God that they were released.

“My sister was released last Sunday and she was among the 12 and we were really happy. I didn’t know the exact place they were released but when we heard, my brother had to go to Benin and brought her back home.

“When I heard that she had been released I was really happy. I also appreciated the government because they did not just abandon us, they made efforts and I was impressed.

“I thank God I was not there on that day because initially, I wanted to follow my sister to the train station but because I had other things to sort out at home that was why I didn’t follow her to the train station if not I would have been a victim too, I don’t know what would have happened. But for now, I won’t use the train.

“Government needs to increase security in that area because the railway is cheaper for us as a means of transportation and it is okay for traveling but we need security. I thank God but I want the government to do more on security.”

News

Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

11 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

2 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.

News

Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

Published

20 hours ago

May 5, 2026

Editor

Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.

Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.

He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.

“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.

He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.

“When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.

“We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.

DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.