News
Olubadan Suspends Two Chiefs Over Land Grapping
The Olubadan of Ibadanland, Oba Akinloye Owolabi Olakulehin has suspended two family chiefs known as Mogaji, and removed their traditional beads over land grabbing.
They are Mogaji Kukula, Kamorudeen Kolawole of Kukula family, Oke – Ofa Baba Isale in Ibadan North East Local Government, and Mogaji Samsudeen Bello of Ekerin Ajengbe family, Isale Osi in Ibadan South West Local Government of Oyo State.
The suspension order, which takes immediate effect, was given on Thursday, during the Olubadan Land Matters Committee meeting at the Old Olubadan Palace, Oja Oba, Ibadan, the state capital.
The suspension order was contained in a release on Friday by the Chief Press Secretary to Olubadan of Ibadanland, Solomon Olugbemiga Ayoade.
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Speaking through the Otun Olubadan of Ibadanland, Rasidi Adewolu Ladoja, the Olubadan said that the suspension order remained in force until the suspended Mogajis do the needful.
“Your suspension order is indefinite until you retrace your steps and do the needful,” Olubadan affirmed.
”You have been told severally to desist from any act that can tarnish the reputation and image of the Olubadan and Ibadanland, such as land grabbing, trespassing, forceful land taking, oppression of your family members and other residents in your domain,” the monarch added.
The suspended Mogajis were told to, henceforth, stop parading themselves as Olubadan traditional title holders until their cases are revisited.
Additionally, law enforcement operatives were instructed to apprehend any suspended traditional ruler parading themselves as authentic Chiefs contrary to the sanctions imposed on them by the king.
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The paramount ruler also expressed his disapproval at the nonchalant attitude of some Mogajis and Baales, who ignored the invitation of the Olubadan Land Matters Committee.
The Olubadan, therefore, warned that such absentee traditional title holders risk losing their traditional titles as their absence would be viewed as insubordination to the constituted authority.
Present at the meeting were Oba Abiodun Kola Daisi, the Ashipa Olubadan of Ibadanland; Oba Dauda Abiodun Azees the Ashipa Balogun of Ibadanland; Oba Salaudeen Hamidu Ajibade the Ekerin Olubadan of Ibadanland; Chief Isiaka Akinpelu, the Special Adviser to Olubadan on Chieftaincy Matters; the President Association of Mogajis in Ibadanland, Mogaji Ariori of Olorisa family; Mogaji Adeleke Lukman, the Secretary to the Committee and Mogaji Abdul Rasaq Akinola, the Reporting Officer to the committee, among others.
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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