News
Police Mourn Ex-IG Arase’s Death
The Nigeria Police Force has confirmed the passing of Solomon Ehigiator Arase, the 18th indigenous Inspector-General of Police and former Chairman of the Police Service Commission.
Arase died earlier today at Cedarcrest Hospital in Abuja after a brief illness. Arase was 69 years old.
Confirming his death in a statement by its Public Relations Officer, DCP Olumuyiwa Adejobi, the Force said, “The news of the passing of IGP Arase was officially communicated to IGP Kayode Egbetokun, through his first son, Mr Solomon Osabohien Arase Jr, on Sunday.”
IGP Egbetokun paid a condolence visit to the family in Abuja, extending sympathies on behalf of the NPF and acknowledging the ex-IG’s indelible contributions to police reform and national security.
READ ALSO:BREAKING: Former Inspector-General Of Police, Solomon Arase, Is Dead
Born on June 21, 1956, in Owan West Local Government Area of Edo State, Arase was a highly educated officer with a Bachelor’s degree in Political Science from Ahmadu Bello University, a Law degree from the University of Benin, a Master’s in Law from the University of Lagos, and a Ph.D. in Public Law from Ambrose Alli University, Ekpoma.
He joined the Nigeria Police Force on December 1, 1981, and rose through the ranks, serving in key roles such as Commissioner of Police in Akwa Ibom State, pioneer Assistant Inspector-General of the Force Intelligence Bureau, and Deputy Inspector-General of the Force Criminal Investigation Department.
Arase was appointed as IGP in April 2015 and served until his retirement on June 21, 2016.
Explaining his impact, the statement read, “During his tenure as the Inspector-General of Police, he introduced major initiatives for the reform and improvement of the Force, such as the Complaint Response Unit for swift responses to public complaints and adequate protection of citizens’ rights.
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“IGP Arase exemplified the highest standards of professionalism, bravery, and leadership, while his contributions to national security and police reform continue to resonate within the Force and beyond.”
“Through the Solomon Ehigiator Arase Foundation, he supported academic excellence by awarding scholarships to outstanding Nigerian students, with particular focus on children of deceased police officers and indigent students.”
IGP Egbetokun, while paying a condolence visit to the family of the deceased IGP, extended heartfelt condolences on behalf of the Force Arase’s families.
Egbetokun described his passing as a “deep pain” to the force, praising his professionalism, bravery, and leadership.
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.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies 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
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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