News

JUST IN: Police Allegedly Arrest NLC President In Owerri

Published

3 years ago

November 1, 2023

Editor

Operatives of the Nigeria Police Force, on Wednesday, allegedly arrested the National President of the Nigeria Labour Congress, Joe Ajaero in Owerri, the Imo State capital.

The Head of Information, NLC, Benson Upah, who spoke to The PUNCH, noted that Ajaero was picked up at the state secretariat of the congress and taken to an unknown location.

“President of the Nigeria Labour Congress, Comrade Joe Ajaero was picked up a few minutes ago from NLC state council secretariat by heavily armed policemen in Owerri and taken to an unknown destination,” Upah informed our correspondent via a text message.

The PUNCH reports that the NLC had vowed to mobilise its members for a total strike in Imo state starting Today, November 1, 2023.

Ajaero, during a press briefing on Sunday, had accused the Imo State Government of “violating the rights of the Nigerian workers in the state.”

Accusing the state governor Hope Uzodimma of neglecting workers’ welfare, Ajaero lamented that many of them have died because of the alleged lack of payment of their salaries.

He outlined some of the infractions against workers by Uzodimma, including the alleged refusal to implement previous agreements especially the accord reached on January 9, 2021, outstanding salary arrears of about 20 months, unjust declaration of workers as ghost workers, declaration of pensioners as ghost workers and unsettled gratuity arrears, among others.

According to him, approximately 10,000 pensioners have been labelled as ghost pensioners resulting in over 22 months of unpaid pensions while about 11,000 workers have been branded by the Imo State Government as ghost workers.

The NLC president also lamented the non-compliance with the national minimum wage by the state government, adding that Governor Uzodinma has resisted the use of social dialogue and collective bargaining to resolve the issues.

Details later…

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 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

6 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

8 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.