News
Lekki Deep Seaport Receives Largest Container Vessel
The Nigerian Ports Authority on Sunday, said the Lekki Deep Seaport has received the largest container vessel to sail on Nigerian territorial waters.
In a statement, NPA said that the vessel christened, ‘Maersk Edirne’, measured 367m in length.
The Managing Director of NPA, Mr. Mohammed Bello-Koko, in the statement explained that the vessel had a breadth of 48.2 and carried a gross registered tonnage of 142,131metric tonnes.
The management of the deep seaport had in June 2023, announced the arrival of Rimbaud, the first transshipment vessel to call at the container terminal of the deep seaport. The management added that the vessel came with cargo from two of the largest container shipping lines in the world, CMA CGM and Maersk.
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However speaking on the recent carrier, Bello-Koko said, “The new vessel had a dead weight tonnage of 147,340 metric tonnes, constituting 3,376 total cargo onboard. The vessel was navigated by the highly experienced and thoroughly equipped pilots of the NPA.”
He said the development validated the assurance given by the agency, during the signing of the presidential/ministerial performance bond in December 2023 that, “the authority under my watch is poised to provide the leadership and technical guidance required to maximise the potentials inherent in our marine and blue economy,”
The NPA boss commended the Minister of Marine and Blue Economy, Adegboyega Oyetola, for the consistent support and endorsement of the authority’s initiatives, “and investments in employee upskilling and equipment renewal which made this milestone seamlessly achievable.”
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He added, “Before this time, the largest commercial vessels to sail on Nigerian waters were ‘MV Stadelhorn’ and ‘MSC Maureen’ at Onne Port and Tincan Island Port Complexes respectively. Thus the berth of a ship measuring 367 meters at Lekki Deep Seaport represents a quantum leap forward.
“The Lekki Deep Seaport has by this feat in addition to its pioneering of full automation and facilitation of transshipment proven its readiness to exceed stakeholders’ expectations.”
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
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.
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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
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.
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“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
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.
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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).
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“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.
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