News

Fayose Describes APC As ‘Coronavirus Infected’, Says He Has No Plan To Join

Published

6 years ago

February 22, 2020

Editor

Former governor of Ekiti State, Ayodele Fayose, has debunked the insinuations making the rounds that he (Fayose) is planning to dump the People’s Democratic Party (PDP) for the All Progressive Congresse (APC).

Vanguard reports that the former governor was reacting to a statement by the APC in Ekiti State that he was not qualified to join the party.

Speaking through his Media Aide, Lere Olayinka, said “it is funny that the APC in Ekiti State lied and went further to react to its own lies.”

Fayose who described the APC as a coronavirus infected party, said someone of his status and pedigree can never contemplate joining the party.

Olayinka who posited that there was nothing to attract any right-thinking politician to the APC, asked; “is it the killings and kidnappings going on across the country? Is it the pariah State that Nigeria has become such that USA had to place the country on visa restrictions? Is it the huge debt the country has been plunged into? Or is it the directionless state of the country?

“Is it the sacking of over 3,000 workers by the non-performing APC government in Ekiti State?”

Olayinka admonished the APC in the state to focus its attention on its non-performing government, as he described the report of Fayose’s threat to join APC should his adopted candidate for the state chairmanship of the PDP, Hon Bisi Kolawole, fails in the forthcoming State Congress as figment of the imagination of those peddling it.

“The story of Fayose’s threat to leave PDP for the APC is one of the lies from the APC factory of lies and it is even more childish that the party in Ekiti State went ahead to react to its own lies,” he said.

(Vanguard)

PHOTO: File

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.