News
Militants Give SPDC 2-week Ultimatum To Recall Sacked Locals
The Creek Reform Warriors, a new-fangled militant group in the oil-rich Niger Delta region, has issued a two-week ultimatum to the Shell Petroleum Development Company, SPDC, to unconditionally recall local workers from Ogulagha and Odimodi communities in Delta State, sacked in 2019.
The deadly group threatened to shut down the facilities of SPDC and bring down oil production in the country to zero percent if the oil firm remained recalcitrant to the call to reinstate the helpless workers.
SPDC Media Relations Manager, Bola Essien-Nelson, did not respond to phone calls and inquiries from Vanguard reporters, who reached out to get the company’s comments on the latest development, Tuesday and Wednesday.
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Leader of the deadly group, self-styled Commander Igbokuro Tinwei, in a statement, threatened: “If these workers from Ogulagha and Odimodi communities are not recalled, all SPDC operations in the Niger Delta, including their pipelines, will be shut down. This is going to be a do or die.”
“We are not joking; we have a team of specialists in different fields. Our struggle is for the liberation of our people from the unemployment in the hands of SPDC, and other International Oil Companies, IOCs, operating in the region.
“We can boldly tell the world that all preparations and plans are on the ground to bring down the Nigerian crude oil production to zero production and this will continue until the IOCs employ our people, there will be no going back.”
“We call on the President, Alhaji Bola Ahmed Tinubu, to call Shell management to order, as the consequence of our attacks on Shell production facilities will impact negatively on the Federal Government’s ability to meet up with its crude oil supply to the world market.”
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The militant group maintained that Shell had promised to recall the workers immediately after the COVID-19 pandemic, but serially defaulted.
It said the company should not only recall and reinstate the sacked workers at the Forcados Terminal in the Ogulagha community but also open new windows for employment for qualified indigenes of the oil-producing communities.
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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