News

Oyedepo Defends Leadership Retirements, Urges Critics To Mind Themselves

Published

2 years ago

October 16, 2024

Editor

Bishop David Oyedepo, founder of the Living Faith Church (Winners Chapel), has urged critics to refrain from questioning the church’s decisions regarding the retirement of its pastors.

The cleric faced criticism on social media after reports emerged last week that his two vice presidents, Bishops Thomas Aremu and David Abioye, would be retiring after serving three and four decades in the ministry.

It was gathered that their retirement is in line with the operational guidelines of the church, also known as The Mandate, which serves as the church’s constitution.

Reacting while delivering his sermon at the valedictory service for Bishop Aremu at Winners Chapel, Orita Bashorun, on Tuesday, Oyedepo stressed the importance of focusing on one’s own affairs.

He revealed that the church’s Administrative Policy of 1998 was reviewed in 2001, while The Mandate of 2012 was revised in 2024, stressing that the ministry operates by divine order.

The revised Mandate has changed the retirement age from 60 to 55.
While the Founder, Oyedepo, retains the right to serve for life, future church leaders will be restricted to one or two terms of seven years, pending approval by the Board of Trustees.

The Bishop, however, warned those wishing for the ministry’s downfall that they were wasting their “lives.”

He said, “My advice to commentators is to study to be quiet and mind your business. It is wisdom to learn what is working and find out what makes it work. Everything works here.”

He urged Bishop Aremu to keep God at the centre of his life, adding that taking a spiritual break is risky.

Quoting the Bible in Genesis 49:26, Bishop Oyedepo stated that no one has an inheritance in a teacher or pastor.

He encouraged him to maintain a mindset focused on growth, saying, “There’s no such thing as the best today or tomorrow; what matters is your pursuit of God.”

Oyedepo urged Aremu to remain connected for the continued flow of grace, advising him not to be distracted by baseless criticism.

Earlier in his address, Aremu stated that he had no intention of leaving Winners Chapel to establish his own church after retirement.

“I don’t have a church, and I cannot have a church because God has not infused me with the capacity to do so. This is my church,” he said.

Aremu, a former accountant, transitioned into full-time ministry following a successful career in his field.

He is distinguished as the last surviving bishop among the seven consecrated at the Garden of Faith in Kaduna in November 1999.

Meanwhile, Bishop Abioye’s farewell ceremony is set for Friday, 18th October 2024, at Durumi, Abuja.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour 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

1 hour 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

4 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.