News

One Month After, Reps Begin Kuje Jailbreak Probe

Published

4 years ago

August 23, 2022

Editor

Over one month after terrorists attacked the Nigerian Correctional Medium Security Custodial Centre, Kuje, Abuja, the House of Representatives, on Tuesday, commenced an investigative hearing on the incident.

While the jailbreak occurred on July 5, 2022, the House had on July 21 resolved to probe into the circumstances surrounding the attack on the facility.

The House had mandated its committees on National Security and Intelligence; Interior; Reformatory Services; Defence; Army; Air Force; Navy and Police Affairs to “investigate the causes, dimensions and effects of the unfortunate Kuje Custodial Centre attack.”

The joint committee is to report back within four weeks for further legislative action.

The House also urged the Federal Government to implement the recommendations of the Special Summit on National Security organised by the leadership of the House in 2021, which the lawmakers said had a “broad national stakeholders’ participation.”

The resolution was based on the unanimous adoption of the motion moved by Chairman of the House Committee on Committee on National Security and Intelligence, Sha’aban Sharada, titled ‘Need to Investigate the Terrorists Attack on Nigerian Correctional Medium Security Custodial Centre, Kuje.’

Sharada had recalled that that on July 5, 2022, terrorists attacked the Nigerian Correctional Service’s Medium Security Custodial Centre, Kuje, in Abuja.

The lawmaker also recalled that the next day, Minister of Defence, Major-General Bashir Magashi (retd.), while on an assessment visit to the scene of the incident, stated that over 600 inmates, including 64 Boko Haram suspects, out of about 994 inmates accommodated in the custodial centre had escaped.

He further recalled that President Muhammadu Buhari expressed disappointment over the embarrassing development and directed a comprehensive investigation to address the situation.

However, the joint House Committee on the Need to Investigate the Terrorist Attack on Nigerian Correctional Centre Kuje only held its inaugural investigative hearing on Tuesday without invitation to journalists.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 hours 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

5 hours 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

7 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.