News

JUST IN: Wike Revokes Uzodimma, Diri, 566 Others’ Land

Published

1 year ago

January 16, 2025

Editor

The Minister of the Federal Capital Territory, Nyesom Wike, has revoked the land allocations of 568 individuals in Maitama II, Abuja, for failing to settle their Certificate of Occupancy bills.

This was disclosed on Thursday by Wike’s media aide, Lere Olayinka.

Prominent figures affected by this action include Imo State Governor Hope Uzodimma, Bayelsa State Governor FCT, Senate Leader Opeyemi Bamidele, and Abike Dabiri-Erewa, Chairperson of the Nigerians in Diaspora Commission.

Other notable individuals whose allocations were revoked include National Secretary of the Peoples Democratic Party; Samuel Anyanwu, former Governor of Enugu State; Chimaroke Nnamani, Senate Minority Leader; Abba Moro, and a lawmaker representing Obokon/Oriade Federal Constituency in the House of Representatives, Oluwole Oke.

Olayinka noted that in a notice issued by the Federal Capital Territory Administration, the affected landowners were accused of failing to comply with payment obligations after a grace period granted by the minister expired.

According to the FCTA, those who settled their C-of-O bills on or before January 15, 2025, are exempted from the revocation.

The notice read, “The Federal Capital Territory Administration wishes to inform allottees of plots in Maitama II, Cadastral Zone A10, Abuja, who failed to make payments for their Certificate of Occupancy bills within the stipulated grace period, that their Right of Occupancy has been revoked.

“This action is pursuant to Section 28 of the Land Use Act of 1978, which allows for the withdrawal of land rights in cases of contravention of grant terms, including the obligation to settle bills.”

The FCTA noted that landowners who had completed their payments on or before the January 15 deadline were not affected.

The development follows an October 5, 2024, publication by the FCTA, which listed 3,273 titleholders in Maitama II who had yet to pay their C-of-O bills.

Following the notice, 2,511 individuals complied, while 762 defaulted.

In December 2024, Wike issued a two-week ultimatum to the 762 defaulters, warning them to pay their outstanding bills or face final revocation.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 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

4 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

6 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.