News
Peter Obi Donates ₦120m To Holy Rosary Sisters On 100th Anniversary
Labour Party presidential candidate, Peter Obi, has pledged ₦120 million to the Holy Rosary Sisters in support of their educational, healthcare, and humanitarian efforts.
In a statement on X.com on Sunday, the former Anambra State Governor stated that he made the pledge during the 10th-anniversary celebration of Holy Rosary College, Nsugbe, which coincided with the centenary of the Holy Rosary Sisters.
Peter Obi donates ₦120m to Holy Rosary Sisters on 100th anniversary
According to him, the pledge will be split into two parts: ₦100 million to the Sisters’ headquarters in Enugu and ₦20 million for Holy Rosary College, Nsugbe.
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He wrote, “I pledged ₦120 million over the next two years. Of this amount, ₦100 million will be directed through their headquarters in Enugu, dedicated to their educational, healthcare, and humanitarian efforts, including the facilities they are building in Nsukka.
“The remaining ₦20 million is specifically for Holy Rosary College, Nsugbe, as part of redeeming a cheque I signed for them towards the end of my tenure as Governor, which was later canceled by the succeeding government.”
In his statement, Obi commended the Sisters for their unwavering dedication to serving humanity, and how their “century-long mission has transformed countless lives.”
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Peter Obi donates ₦120m to Holy Rosary Sisters on 100th anniversary
He added that he encouraged them to continue their invaluable work, especially in the areas of education, healthcare, and poverty alleviation.
“I also encouraged the Sisters to continue serving the people of Nigeria without discrimination, as they have always done.
“The legacy of the Holy Rosary Sisters reminds us that through discipline, service, and unity, we can build a better society,” he added.
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The Missionary Sisters of the Holy Rosary was founded by Bishop Joseph Shanahan in 1924 to spread the word of God and uplift the lives of women worldwide through education, healthcare, and social development.
Peter Obi donates ₦120m to Holy Rosary Sisters on 100th anniversary
The PUNCH reports that Obi similarly announced an additional ₦10 million in support for health and education initiatives to Our Lady of Lourdes College of Nursing Sciences in Ihiala, Anambra State, on Friday.
According to him, he reviewed the progress made by the institution following his previous ₦20 million donation and added ₦10 million.
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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