News

JUST IN: Tinubu Arrives At Olubadan Coronation

Published

7 months ago

September 26, 2025

Editor

President Bola Tinubu has arrived at the historic Mapo Hall in Ibadan, the capital of Oyo State, to attend the coronation of Oba Rashidi Ladoja as the 44th Olubadan of Ibadanland.

The President’s arrival, which was met with a rousing reception from a massive crowd of dignitaries and citizens, marks the climax of the week-long series of events celebrating the ascension of the new monarch.

His presence and other dignitaries underscore the national importance of the occasion, as Ibadan celebrates the continuity of its revered monarchical institution.
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‎Ladoja, a former Oyo state governor and senator, was selected as the 44th Olubadan, following the passing of Oba Owolabi Olakulehin on July 7.

READ ALSO:BREAKING: Ladoja Crowned 44th Olubadan, Set To Receive Staff Of Office
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‎Excitement is already sweeping across Ibadan as the city witnesses Ladoja’s ascension to the revered throne.
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‎Ladoja, 81, is a respected businessman and political figure who rose through the traditional Olubadan chieftaincy ranks to become Olubadan.

The Olubadan of Ibadanland is the paramount traditional ruler of Ibadan, the capital of Oyo State, and one of the largest cities in West Africa. The Olubadan throne holds deep cultural, historical, and political significance among the Yoruba people.

Report earlier had it that major roads were closed and security personnel from various agencies, including the police and DSS, were strategically deployed to ensure a peaceful and orderly ceremony.

The Mapo Hall, an iconic landmark in the city, was meticulously decorated, and billboards bearing the image of the Olubadan-designate were seen across the metropolis. The atmosphere is thick with cultural pride, with traditional drummers and dancers adding to the festive mood.

Oba Ladoja, a former Governor of Oyo State, has been the center of attention since the passing of his predecessor, Oba Owolabi Olakulehin, on July 7, 2025.

The journey to the throne has been a long and distinguished one for the 81-year-old monarch, who has risen through the traditional chieftaincy ranks over a span of 32 years.

His coronation is particularly significant as he is the first former governor of the state to ascend the Olubadan throne, bringing a unique blend of political experience and traditional leadership to the revered stool.

Other prominent guests who have arrived for the occasion include the Governor of Oyo State, Seyi Makinde, who cut short his annual leave to present the staff of office to the new Olubadan.

Several other traditional rulers, political leaders, and business moguls from across Nigeria are also in attendance, highlighting the broad-based respect for Oba Ladoja and the Olubadan institution.

The ceremony is a display of the rich cultural heritage of the Yoruba people and a testament to the enduring importance of traditional institutions in modern Nigeria.

As the ceremony progresses, all eyes are on Oba Rashidi Ladoja, who has already completed key traditional rites, including the symbolic decoration with Akoko leaves. His coronation is not just a ceremonial event but a significant milestone that solidifies the continuity of the Olubadan lineage and marks a new era for Ibadanland. With President Tinubu in attendance, the event serves as a powerful symbol of national unity and a celebration of Nigeria’s diverse cultural heritage.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

22 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

44 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.