News

JUST IN: Impeachment: Edo Assembly Directs CJ To Set Up Probe Panel Against Shaibu

Published

2 years ago

March 19, 2024

Editor

The Edo State House of Assembly has passed a resolution directing the Chief Judge of the State, Justice Daniel Okungbowa, to set up a seven-man committee to investigate the allegations of gross misconduct levelled against the Deputy Governor, Philip Shaibu.

The House passed the resolution during plenary on Tuesday.

Nineteen out of the 24 members of the House voted in favour of the resolution.

Earlier, the Speaker, Blessing Agbebaku, had notified the House that the seven-day ultimatum granted the deputy governor to respond to the impeachment notice served on him has expired.

Agbebaku said the impeachment notice was served on the deputy governor on March 6, 2024 but due to alleged evasion of service, the House ordered that he be served through substituted means.

He said the substituted service was published in the state owned newspaper The Observer, and the Vanguard Newspaper, on March 12, 2024.

The notice, according to him, expired by March 19.

In a motion, the Majority Leader, Charity Aiguobarueghan, moved that the Chief Judge be directed to set up seven-man committee to investigate the petition against the deputy governor.

Aiguobarueghan averred that the motion was in line with Section 188, Sub-section 3 and 4 of the Constitution of the Federal Republic of Nigeria.

He noted that failure of the deputy governor to respond to the petition at the stipulated time was not a problem as Section 188, Sub-section 3, clearly stated that “whether he responds or not, the House has a duty to perform”.

“That duty was bestowed by Section 188, Sub-section 3 of the Constitution of the Federal Republic of Nigeria, that a motion be moved, when it will be resolved that if these allegations are not denied, they are worthy of investigation.

“I am, therefore, moving a motion in pursuant to Section 188, Sub-section 3 and 4 of the Constitution of the Federal Republic of Nigeria, that is designed not to be argued.

“That the notice served on the deputy governor alleging gross misconduct be sent for investigation and that the Speaker cause the Chief Judge of the state to set up a seven-man committee to look at the allegations and report its findings to this House as soon as possible,” he said.

In a voice vote, 19 members voted in support of the motion, which was more than two-thirds of members of the House.

The Speaker subsequently directed the Chief Judge to set up a seven-man committee to investigate the petition against the deputy governor.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

19 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

41 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.