News

Organisers Disown Adegboruwa, Say Protests Will Continue Till FG Meets Demands.

Published

2 years ago

August 2, 2024

Editor

Organisers of the #EndBadGovernance protests against economic hardship say the nationwide rallies which entered the second day on Friday will continue till President Bola Tinubu addresses their demands.

Damilare Adenola, Director of Mobilisation of Take It Back Movement, a non-governmental organisation, stated this on Channels Television’s The August Protests programme on Friday.

In an interesting twist, Adenola said human rights lawyer Ebun-Olu Adegboruwa does not speak for his group though the Senior Advocate of Nigeria (SAN) had written security agencies to seek protection for them before the rallies.

The youth activist said his group won’t suspend the 10-day protests despite Adegboruwa’s pleas that the demonstrations be called off because fifth columnists have infiltrated the rallies to wreak havoc.

He said the protests might exceed 10 days depending on the response of the government.

Adenola said, “Ebun-Olu Adegboruwa is not our lawyer and he doesn’t speak for us. He might have presented himself as the solicitor but he is not hungry. He is a senior advocate of Nigeria who lives well. He is not hungry like the people taking over the streets.”

“We are waiting for the government to respond to us and address our demands. And until then, the protests continue,” he said, adding that though the demands of protesters have not been addressed, a statement has been made to the government of the day.

He said the protests have shown Nigerians they can hold their leaders accountable.

Asked whether the protests were being sponsored by anyone, he said the sponsors of these protests were hunger and economic deprivation.

Adenola said if the Federal Government is sincere and concerned with the plights of the people, the President would have addressed the demands of the protesters by now.

On the first and second day of the protests, policemen were seen dispersing the demonstrators, mostly youths, using tear gas, even as civil society organisations (CSOs) condemned the action of the police.

The protests turned awry when some hoodlums took advantage of the demonstrations and looted public and private assets.

In a bid to curb the looting, violence and other after-effects of the protests, the Kano, Borno, Yobe, Katsina, Nasarawa, Jigawa and other state governments imposed curfews in volatile local government areas (LGAs) in their states.

Some deaths have also been recorded, as claimed by Amnesty International. The Inspector General of Police Kayode Egbetokun said a policeman was murdered, some cops injured, and police stations burnt.

Propagated on social media, the nationwide protests against economic hardship started on Thursday, August 1, 2024, and have been scheduled to stretch till August 10 across all states of the Federation as well as the nation’s capital Abuja.

Prices of food and basic commodities have gone through the roof in the last months, as Nigerians battle one of the country’s worst inflation rates and economic crises sparked by the government’s twin policies of petrol subsidy removal and unification of forex windows.

Some of the demands of the protesters include the restoration of petrol subsidies and the forex regime. They also want the government to address food shortages, unemployment and wasteful spending by those in power. Other demands are reduction of the President’s cabinet and general cost of governance, immediate reforms of the electoral umpire INEC and anti-graft agency EFCC with renewed vigour in the fight against corrupt politicians.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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

4 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

6 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.