News

JUST IN: Tinubu Orders Review Of Tertiary Institutions Boards After Public Outcry

Published

2 years ago

May 23, 2024

Editor

President Bola Tinubu has directed a total and comprehensive review of the recently announced governing boards of tertiary institutions in Nigeria before the inauguration and retreat being planned for the nominees.

This was disclosed on Thursday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga in a State House statement titled ‘President Tinubu directs comprehensive review of governing boards of tertiary institutions.’

Onanuga said the nominations “did not reflect the federal character of the country as some states got just one nomination, while some others got many.”

Tinubu had approved the appointments of at least 555 persons to serve as Pro-chancellors/Chairmen and members of Governing Boards of 111 federal universities, polytechnics and Colleges of Education.

This followed his assent to a list of nominees selected by the Ministry of Education.

However, after public outcry, among which is the Academic Staff Union of Universities, Bauchi State, which advocated for the reinstatement of the earlier dissolved members, the President “in directing a complete review of the list of the members of the governing councils, acknowledges the feedback across the country.

“President Tinubu is committed to ensuring strict compliance with the principle of federal character as entrenched in the constitution. The review will also take into consideration national spread and ensure every part of the country is adequately represented.”

The inauguration and retreat for the nominees will take place on May 31, 2024.

On the list is a former Chairman of the Independent National Electoral Commission, Prof. Attahiru Jega, who was also appointed as the Pro-Chancellor and Chairman of the Governing Board of Usmanu Danfodiyo University Sokoto, Sokoto State. Members are Mary Yisa, R. O. Kazeem, Prof. Usman Musa and Dr. Anthony Usoro

Wole Olanipekun, SAN, was made the Pro-chancellor and Chairman of the Governing Board of the University of Lagos, Akoka, Lagos State. Members are Prof. S. E. Ogbeide, Rufai Chanchangi, Mrs Glory Ekpo-Oho, and Patricia Yakubu, among others.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour 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

2 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

4 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.