News

JUST IN: Court Discharges, Acquits Fani-Kayode Of Medical Forgery

Published

1 year ago

February 4, 2025

Editor

Justice Olubunmi Abike-Fadipe of an Ikeja Special Offences Court on Tuesday discharged and acquitted the former minister of aviation, Femi Fani-Kayode, of the charge of medical forgery leveled against him by the Economic and Financial Crimes Commission (EFCC).

Justice Abike-Fadipe while delivering ruling on the no case submission filed by Fani-Kayode’s Counsel, Mr Wale Balogun (SAN), held that the prosecution failed to establish a prima facie case agains the defendant.

Abike-Fadipe said the prosecution failed to establish a link between the defendant and the offences for which he was charged.

She said the prosecution failed establish a prima facie case against the defendant.

She noted that the prosecution also failed to present the defendant’s associates who allegedly collected money from him or the lawlwyer who allegedly stated that the defendant had instructed his law firm to take the medical reports to the Federal High Court.

The court held that the extra-judicial statements which are intended as evidence, cannot be used for any purpose other than to contradict the person who made the statement when he is in the witness box.

“I have carefully studied the evidences of the prosecution witnesses and I can not find where the defendant committed the offences being alleged.

“The prosecution has failed to establish a prima facie case which would require the defendant to open his defense.

“As to the issue of costs, the defendant is at liberty to file an action report and do so in private.”

The judge consequently discharged and acquitted the defendant of the alleged offences.

EFCC had on November 11, 2021 charged Fani-Kayode on a 12-count charge of procuring and execution of documents by false pretences, use of false documents, fabrication of evidence and use of fabricated evidence.

During trial, the prosecution had called seven witnesses to testify against the former minister and closed its case.

Fani-Kayods had on December 7, 2024 filed a no case submission and submitted that the prosecution had failed in establishing the charges against him.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

9 minutes 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

31 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

3 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.