News

JUST IN: Our Officials Held Hostage In Bayelsa LGA, INEC Cries Out

Published

2 years ago

November 12, 2023

Editor

The Independent National Electoral Commission (INEC), on Sunday, said some of its officials on election duty were held hostage in the Brass Local Government Area of Bayelsa State.

“The Commission is closely watching the situation in Brass LGA of Bayelsa State where our officials are held hostage,” the commission said in a statement on its verified X platform.

The Unfolding Situation in Brass Local Government Area.

The Commission is closely watching the situation in Brass LGA of Bayelsa State where our officials are held hostage.

INEC condemned the action as “detrimental to credible elections” and called on security agencies including the police to swing to action and rescue the electoral officers.

“We call on the security agencies to immediately facilitate their release,” the commission said.

Recall that protests rocked the oil-rich South-South state on Sunday over alleged manipulation of results as collation of results of the November 11, 2023 election commenced.

The protesters including state commissioners and lawmakers said elections did not hold in the Nembe area of the state.

Earlier on Saturday, Bayelsa State Governor, Duoye Diri, accused the candidate of the All Progressives Congress (APC), Timipre Sylva, of being behind electoral violence recorded in the Nembe-Bassambiri area of the state.

Diri, the candidate of the Peoples Democratic Party (PDP) in the poll, is seeking re-election for another four years in office.

“We have been raising the issue of the violent character and person of Timipre Sylva. Over the years, in every election he is involved in, you experience violence, you experience lawlessness, and even in Nembe-Bassambiri, the name and the character behind what is happening in Nembe-Bassambiri is Timipre Sylva,” Diri said.

Sylva was first Bayelsa governor from May 2007 to April 2008 and later between May 2008 and January 2012. He was also the Minister of State for Petroleum Resources from 2019 to 2023.

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

3 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

5 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.