News
JUST IN: Military Helicopter Crashlands, Explodes In Port Harcourt

A Nigerian Air Force helicopter, on Friday, crashlanded and exploded at the NAF Base, Port Harcourt.
Though what led to the crash could not be immediately ascertained, it was learnt that the incident occurred around 7.50am.
A source said, “I was inside my apartment when I heard this thunderous sound at the NAF Base.
“The next thing I saw was a thick flame. I don’t know if there are casualties because I can’t go close to the scene for now. But I heard a blast twice. ”
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Confirming the crash in a statement, the NAF Director of Public Relations and Information, Air Commodore Edward Gabkwet, said the NAF MI-35P had taken off to embark on an operation against oil thieves in Rivers State.
He added that five persons on board survived with minor injuries
The statement read, “A Nigerian Air Force (NAF) MI-35P helicopter has crashed at Port Harcourt today, December 1, 2023. The unfortunate incident occurred at about 7.45 am shortly after the aircraft took off for an operation against economic saboteurs in Rivers State.
”Fortunately, the entire crew of five survived the crash with very minor injuries and are currently being attended to at NAF Medical Centre Port Harcourt.’
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He said the Chief of Air Staff, Air Marshal Hasan Abubakar, is on his way to the scene to assess the situation.
“The Chief of Air Staff is currently en route to Port Harcourt to assess the situation for himself, see to the wellbeing of the crew, and give further directives.
“An incident of this nature is yet again a grim reminder of the dangers associated with military flying and the risks NAF pilots and technicians experience in their onerous tasks of defending our nation and deterring criminal elements from their nefarious activities, ” the statement added.
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
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.
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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
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.
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“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
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.
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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).
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“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.
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