News

Rivers Police Dismiss Inspector Over $3,000 Extortion

Published

2 years ago

February 14, 2024

Editor

The Rivers State Police Command has announced the dismissal of one Inspector Michael Odey over his involvement in a $3,000 extortion case.

Odey alongside two Assistant Superintendents of Police, Doubara Edonyabo and Talent Mungo, were accused of kidnapping and extorting two men.

Afterwards, the three officers whisked their unsuspecting victims to three states before dispossessing them of the said amount, equivalent of N4.2 million.

However, the state police command, through its spokesperson, Grace Iringe-Koko, said the money has been recovered and handed over to the owners.

In a statement released on Tuesday in Port Harcourt, the state capital, Iringe-Koko stated that Odey had been dismissed from the police after the conclusion of orderly room proceedings.

She added that the two ASPs have been recommended for dismissal but will be reviewed by the Inspector-General of Police, Kayode Egbetokun, and the Police Service Commission for a “fair and just resolution.”

The statement titled, ‘Update: Rivers State Police Command addresses extortion case involving three police officers.’ read, “The Rivers State Police Command is issuing an update regarding an ongoing investigation into an extortion incident involving three police officers. As part of our commitment to transparency and accountability, we are providing the following information:

“After a thorough investigation, two officers have been officially queried and recommended for dismissal as per established procedures.

“This recommendation has been swiftly forwarded to the Force Secretary for necessary action. Inspector Michael Odey’s case has progressed with the conclusion of orderly room proceedings.

“The findings have been reviewed by AIG Alifa Omata, the Assistant Inspector General of Police, Zone 16, Yenagoa, who has upheld the recommendation of dismissal from the Force and has been relieved of his duty, effective February 7, 2024.”

The spokesperson added that “it is important to note that all three officers remain in custody as investigations continue into two additional cases of similar nature. Updates on these investigations will be provided in due course.

“The disciplinary process for Assistant Superintendents of Police Doubara Edonyabo and Talent Mungo involves review by the Inspector General of Police and the Police Service Commission, ensuring a fair and just resolution.

“The Rivers State Police Command encourages residents to promptly report any misconduct by law enforcement agents. Be rest assured, all reports will be handled with the utmost seriousness, and appropriate actions will be taken to uphold fairness and justice.”

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

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.