News

Rivers Govt Sacks 1700 Varsity Staff, Demands Return Of Appointment Letters, ID Cards

Published

3 years ago

July 18, 2023

Editor

The Rivers State Government has explained that it sacked the over 1700 staff members it employed to work at the Ignatius Ajuru University of Education, Rumuolumeni, over irregularities in the employment process.

The state government during the last lap of Chief Nyesom Wike’s administration, as governor, recruited Academic and Non-academic staff to work in the university.

But, two months after Sir Siminialaye Fubara assumed office, the state government announced the cancellation of the employment exercise it conducted at the university.

The State Government had directed all those employed through the exercise, who have worked for over six months to quickly return the employment letter issued them by the university as well as their Staff Identity Cards.

This was contained in a Public Announcement signed by the Commissioner for Education, Prof. Prince Chinedu Mmom, dated 13th July.

Mmom noted that the employment exercise had many irregularities and that it did not meet the standard set by the government, ordering that the exercise stands invalid.

He stated that all those engaged through the process stand unemployed, adding that a credible employment exercise would be carried out.

He said: “The Government of Rivers State has observed with dismay the inconsistencies/ irregularities and flagrant disobedience to the directives concerning the just concluded recruitment exercise at the Ignatius Ajuru University of Education, Rumuolumeni, Port Harcourt.

“Therefore, the recent employment exercise conducted by the management of Ignatius Ajuru University of Education, Port Harcourt is hereby cancelled.

“All appointment letters issued and received are hereby nullified and the affected persons are directed to return the letters to the office of the Registrar of the Institution and other employment-related properties such as ID Cards in their possession to the office of the Head of Service, Rivers State immediately.”

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“A proper and credible recruitment exercise shall be conducted in due course.”

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

2 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

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.