News

Ndigbo Enjoined To Repatriate Their Wealth Home

Published

2 years ago

April 10, 2024

Editor

The newly appointed Chairman of the Enugu State Traditional Rulers Council, His Majesty, Igwe Ikechukwu Asadu, has pledged to encourage Ndigbo both in Nigeria and in the diaspora to repatriate their wealth home for the development of South East region.

Igwe Asadu who is the traditional ruler of Edem Ani Ogwugwu Ancient Kingdom in Nsukka Local Government Area of Enugu State, added that he would key into the economic revamp agenda of Governor Peter Mbah of Enugu State to disruptively rejuvenate the economy of the State and South East in general.

He made the call at his country home on Friday during a heroic reception by his subjects following his appointment as the Chairman of Enugu State Traditional Rulers Council by Governor Mbah on Thursday.

While thanking the Governor for considering him worthy of the appointment, he called on the traditional rulers in the state for support, adding that he would make their welfare a priority.

“I am excited that the Governor of Enugu State, His Excellency, Barr. Peter Mbah, appointed me the Chairman of Enugu State Traditional Rulers Council. This appointment means a lot to me. It means that the dividends of democracy are reaching everywhere and it means that the government is fair and human-faced.

“My community, Edem Ani Ogwugwu Ancient Kingdom has been represented and I am particularly happy because the Governor of Enugu State is empowering the youths.

“I will bring positive changes to the traditional ruler institution in Enugu State. The Governor is purposeful, smart, and mindful. I read his manifesto and I love it. I will key into it. I am experienced having worked at home and abroad. I have worked as a civil servant in Anambra and Enugu States before traveling abroad to practice Nursing for 28 years now. I will work with his economic empowerment agenda and encourage our people both at home and abroad to invest in Enugu State.

“I want traditional rulers in the state to open their minds to change because change is coming. I am going to bring value and substance to the traditional ruler institution in the state” the royal father said.

While addressing pressmen at the reception programme, the traditional ruler of Iggah Ancient Kingdom in Uzo-Uwani Local Government Area of Enugu State, HRH, Igwe Herbert Ukuta, said that the appointment of Igwe Asadu, was well deserved given his human empowerment and philanthropic antecedents.

Igwe Ukuta, who was appointed the 3rd Deputy Chairman, of Enugu State Traditional Rulers Council by Governor Mbah, said that Igwe Asadu would key into the governor’s disruptive innovation and would equally restore the values of traditional institutions in the state.

While reacting to the development, the Acting Town Union President of Edem Ani Ogwugwu Ancient Kingdom, Grace Onyishi, said the community is overwhelmed with happiness following the Igwe’s appointment. She called on other traditional rulers in the state to emulate Igwe Asadu, who she said “puts his community first in everything he does.”

Youth President of the community, Kenechukwu Omeje, while expressing his happiness over Igwe’s appointment, said the youths of the community would continue to give him total support to succeed on the throne. He also lauded Governor Mbah’s foresight in the appointment.

VANGUARD reporter observed that the people of Edem Ani Ogwugwu Ancient Kingdom, the country home of Igwe Asadu, rolled out their drums and turned the reception of their Igwe into a festival.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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

26 minutes 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.