News

Kingmakers Divided Over Nomination Of Olubadan-designate, Oba Olakulehin

Published

2 years ago

April 9, 2024

Editor

The process of selecting the 43rd Olubadan of Ibadanland to fill the vacant stool suffered a setback as the Otun Balogun Ibadanland, Oba Abimbola Ajibola, one of the kingmakers, on Tuesday, distanced himself from other kingmakers who endorsed the Olubadan designate, Oba Owolabi Olakulehin.

He said this when speaking with newsmen at his Sanyo residence in Ibadan that the Olubadan designate, Oba Olakulehin is not fit to assume the throne as a result of his age-related ailments as of now.

According to him, the man is just being forced by some people to fill the vacant stool.

Recall that four members of the Olubadan in Council who are the kingmakers of Ibadan traditional council had visited Oba Olakulehin at his Alalubosa residence penultimate Friday to see him physically and one of them said the ailing next in hierarchy to the Olubadan stool was hale and hearty.

But, contradicting their earlier stance, Otun Balogun Olubadan noted that none of those who went to his house saw him, adding that “Has anybody seen him since last Friday? Those who went there after Friday were unable to see him. They are forcing this man. We should allow him to get well.”

“I won’t support illegality”

Contrary to the views of some of the kingmakers, he said a spade must be called a spade saying the health status of Olubadan designate could hinder him from being nominated for now.

Otun Balogun Ajibola spoke further, “They said we called a meeting and we have endorsed Olakulehin. I’m not part of that. I have told them my mind that I won’t be part of that illegality. We know Baba Olakulehin is the next Olubadan, but let us allow him to get well.”

“Why are we in a hurry? Someone (Olakulehin) we have not seen. He has not spoken with us. He has not spoken with Ibadan people.”

He continued, “I am his(Olakulehin) second in command, I’m his lieutenant. He has not called me to say, ‘My Otun, I’m back. So, tell your people. And when are you seeing me?’ They are just forcing him because of their own selfish interest.”

However, the barrister did not deny the fact that it was the turn of Oba Olakulehin to mount the Olubadan stool, saying, that kingmakers should leave the Olubadan designate and give him more time to recuperate.
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News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

56 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

1 hour 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.