News

Protest: Traditional Rulers Call For Patience, Shelving Of Demonstrations

Published

2 years ago

July 25, 2024

Traditional rulers have called for calm over the planned nationwide protest to demonstrate against the prevailing economic hardship in Nigeria.

The protest which is billed to begin from August 1st, 2024 has garnered traction on social media, prompting a meeting between traditional and President Bola Tinubu at the Presidential Villa in Abuja on Thursday.

“We will listen to our youths because they lead the future. The power and the strength of Nigeria are certainly with the young people,” the Dein of Agbor, HRM Benjamin Keagborekuzi said after the meeting.

“We feel your pain. I’m a young person myself. It’s been 24 years that I’ve been back and it’s been 24 years that I’ve sadly seen the nation going in a very unpalatable direction. But by God’s grace, I think if you would give us the chance, this protest, I know that it’s catching you very, very high in the net. But if you give us the chance, let us not destroy our own country. ”

‘Exercise Patience’

On his part, the Emir of Zazzau Ahmed Bamalli said the country’s leaders are worried about the planned protest but called “on our people to exercise patience and to listen to the words of wisdom”.

“Well, the message we are taking back to our people is to be calm, to exercise patience, and also to listen to the words of wisdom coming from the traditional rulers and from the governors because we have spoken to the President and he has given us the blueprint of what he has been doing over time,” he said.

The Ooni of Ife Oba Adeye Enitan Ogunwusi also followed a similar line but called for caution so the protest would not be hijacked.

“We traditional rulers are not engaged in people, especially the youth coming out to start looting to start breaking down law and order. We are parents, we are traditional rulers, we are closer to them,” he said.

“We are going to go back home and continue to engage them. It is very difficult to build, but it is the easiest to destroy. We are all stakeholders in this country. We should be stronger as a nation together, than stronger individually.”

Thursday’s meeting is part of a last-minute push by the President Tinubu administration – which has come under severe criticism over its policies – to avert the planned protest.

Following the removal of fuel subsidy and the floating of the naira since the inception of the Tinubu government, the cost of living has soared, prompting the administration to reel out a raft of measures including a new minimum wage and the distribution of palliative. He has also called for patience.

But these efforts, many argue, are yet to do much in addressing the challenges.

In the wake of the planned protest scheduled to be held nationwide, security agencies have warned the organisers who have remained faceless to shelve the demonstration. They fear it may be hijacked by criminal elements, and turning violent like the EndSARS protest of 2020.

Several groups have also pulled out of the scheduled demonstration, but proponents argue that it is the citizens’ right to protest perceived ill-treatment from the government.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

59 minutes 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.