News

Fubara: Rivers Crisis Spikes As Two Factional Assembly Lawmakers Hold Separate Sittings

Published

2 years ago

November 21, 2023

Editor

The Rivers State House of Assembly on Tuesday was plunged into another round of crisis barely one month after the state Governor, Siminalayi Fubara was threatened with an impeachment threat.

This time, armed policemen again took over the complex as members loyal to both factions of Edison Ehie and Martin’s Amaewhule allegedly held separate sittings at different locations.

No fewer than four police patrol vans were stationed at the entrance of the Assembly complex located along Moscow Road, even as human and vehicular movement along that axis of the Assembly were restricted.

Sources said that abour 25 lawmakers led by Martins Amaewhule, sat early on Tuesday and reportedly deliberated on two items concerning the suspension of the strike by the Parliamentary Staff Association of Nigeria, PSAN.

The lawmakers apparently loyal to the FCT minister, Nyesom Wike also called on the State Commissioner of Police, Olatunji Disu, to investigate the explosion at the Assembly which razed the hallowed Chamber and destroyed several property.

On the other hand, lawmakers led by factional Speaker, Edison Ehie, passed a vote of confidence on Governor Siminalayi Fubara, declaring that they will swim or float with him.

Rising from a sitting on Tuesday from an unknown location, they commended the governor on his developmental strides and security initiatives to keep the state peaceful.

Ehie, in a statement signed by Legislative Aide, Ken Uchendu, said “it takes a man of vision to steer the ship of development for the benefit of the people of the state”.

They resolved to continuously give the governor the required support to accomplish his consolidation and continuity agenda to benefit the state.

The lawmakers also condemned the attack on Ehie’s residence on Sunday night as well as the burning of the House of Assembly and appealed to the governor to commence the rehabilitation works as soon as possible.

“Furthermore, the house impressed on the need for the Inspector General of police, and other related security apparatus of the state to investigate these attacks and bring the culprits to book,” they said.

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.