News

Relocate In Seven Days Or Quit Throne, Osun Community Tells Monarch

Published

4 years ago

April 2, 2022

Editor

Some members of Edemosi community in Osun State have given the town’s royal father, Oba Samuel Olaniyan, a seven-day ultimatum to relocate to the town or quit the throne.

They also asked Oba Olaniyan to recall two chiefs that he had suspended from office.

Members of the community in a letter addressed to the Osun State Commissioner of Police dated 30th March 2022, against the monarch, which was signed by Sunday Awosina and two others, and obtained by The PUNCH correspondent, said Oba Olaniyan had been administering the community from Ila.

They also said the monarch must withdraw letters suspending two chiefs, the Obaala of Edemosi, Abiodun Awojide, and the Akogun of Edemosi, Aniyikaye Awowale, and apologise to women in the town for insulting them during a meeting.

The petition further read in part, “Oba Samuel Olaniyan was installed as the king of Edemosi king four years ago, but he has neither passed a night nor slept at Edemosi community for a day. We are giving him seven days to relocate to Edemosi and stop ruling us from Ila-orangun.

“Withdrawal of the suspension letter submitted to High Chief, Abiodun Awojide (Obaala of Edemosi) and chief Aniyikaye Awowale (Akogun of Ede).”

But Oba Olaniyan when contacted by our correspondent said one of the suspended chiefs engaged in dishonest practices.

The royal father in a letter suspending Awojide as Obaala, which he made available to The PUNCH correspondent, specifically accused him of illegal conversion of farmlands belonging to some dead tenants of the community to personal use.

The letter further listed, “Misappropriation of Edemosi funds, collection of Edemosi royalty fund and failure to give account, gross insubordination to HRM’s authority and organisation of palace coup to cause upheaval and disaffection against the person of Oba Samuel Olaniyan,” as other infractions committed by the suspended chief.

Speaking further, the monarch, who accused Awojide of using his office as Akogun to defraud the community, also stated in the suspension letter that the embattled chief used charms to threaten other chiefs and insulted him.

Oba Olaniyan dismissed all allegations levelled against him and challenged his accusers to approach the court if they have proof.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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

4 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

6 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.