News

Oshiomhole Knocks Obaseki Over Arrest Order, Supporting ‘CBN’s Anti People’ Policy

Published

3 years ago

February 18, 2023

Editor

A former Governor of Edo State and former National Chairman of the All Progressives Congress, APC, Comrade Adams Oshiomhole, has chided his successor, Godwin Obaseki for calling for his arrest.

Obaseki ordered Oshiomhole’s for allegedly instigating the protests that erupted in the state last week because of the new naira notes controversy.

Oshiomhole, while speaking to journalists in Benin City on Saturday stated that Obaseki does not have the power to order the arrest of a citizen and that his position was part of the reasons people had reservations about state police which could easily be abused by some state governors.

He said, “The law is very clear. If a crime has been committed it is up to the security agencies to investigate and if they find the need to invite people for questioning, they will definitely do so.

“The police have not and I will be surprised if they have now degenerated to taking orders from a politician who is faced with the crisis of confidence while the people have been voting against him.

“There are huge issues of the legitimacy of his government and he thinks that he can order police to arrest whoever he considers to be his political opponent.

“But let me say that Obaseki is a victim of his own double standard. He says one thing today, he does another the following day.

“I think Obaseki after embarrassing the Central Bank Governor, Godwin Emefiele, when he accused him of printing billions of naira to share for states by way of federation account and that Emefiele’s policies are going to destroy the naira even as he admitted that the money was being shared to state governments.

“So Obaseki wanting to make money out of this hardship suddenly became pro CBN governor, defending anti-people policies, where your people are groaning and he has made the wrong assumption that Edo people do not know their right from their left.”

On the new naira controversy, Oshiomhole said, “In the cause of campaigning, it is painful when I hear people complain to me about the challenges they are having. I have never hesitated in denouncing it and I will continue to denounce it because it is not the policy of APC.

“So I think it is not wrong for Obaseki, with all due respect to his very high office, to throw allegations without attempting to show any proof,” he added.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 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

3 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

5 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.