News

FG Set To Repair Federal Roads Nationwide — Lawmaker

Published

2 years ago

October 22, 2024

Editor

The Chairman, House of Representatives Committee on Federal Road Maintenance Agency (FERMA), Hon. Aderemi Oseni, on Monday, said the administration of President Bola Tinubu is ready to fix all federal roads across the country as part of the President’s Renewed Hope Agenda to alleviate the suffering of the masses particularly during this current economic challenges.

Oseni, representing Ibarapa East/Ido Federal Constituency of Oyo State, disclosed this during a thank-you visit to the Oyo State Secretariat of the All Progressives Congress at Oke-Ado in Ibadan, the state capital.

The lawmaker, lamenting the deplorable condition of federal roads nationwide, urged Nigerians to be patient with Tinubu and allow him more time to address Nigeria’s challenges.

He stated, “Tinubu is not the cause of the challenges we are currently facing, including bad roads across the nation. These issues extend beyond the current administration. Tinubu is working diligently to resolve the problems created by previous administrations. As part of his Renewed Hope Agenda, he is making concerted efforts to repair all federal roads across Nigeria, easing the suffering of the masses.”

During his visit to the APC secretariat, Oseni expressed his condolences to the party over the passing of its late Chairman, Isaac Omodewu, and extended his gratitude to party members for their support in his election victory.

He encouraged the party to unite in preparation for the 2027 elections, calling on the executive members to devise a strategy to return the party to power.

Oseni also donated N10 million to the party as operational funding.

In response, the acting Chairman of the party, Olayide Abas, thanked Oseni for visiting the party secretariat, expressing pride in his significant efforts to positively impact his constituency.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 hours 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

2 hours 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.