News

Selfish Leaders Holding Nigeria Down, Says Obasanjo

Published

2 years ago

August 19, 2024

Former President Olusegun Obasanjo has said Nigeria would have been much better and occupied a place of pride in the world but for its problem of self-centred leadership.

Apart from being self-centred, Nigerian leaders, according to Obasanjo, also have a knowledge deficit.

The former President spoke on Saturday in Abeokuta, the Ogun State capital during the 2024 edition of the Leadership Empowerment International Conference.

The conference featured the conferment of Doctor of Leadership and Theology awards on some Nigerians by South-African-based Immanuel Theology Institute International in conjunction with Priesthood Leadership Development Initiative Inc. based in Nigeria.

“There is no end to leadership and service to your community until you breathe the last. And you can never be too old to be a leader and to give something to the community in which you lead and serve as a leader, to serve your state, your country, the continent and the world.

“And if you asked me in one word, what is the bane of Nigeria today? I will not think about it twice. I will say it is leadership. Leadership that is self-centred, leadership that is a deficit in knowledge and understanding and leadership that does not see service as the centrepiece of what leadership is all about.

“If we can get the leadership right, we will get all other things right. That is what Prof. Olusesi Obateye is doing, which is commendable and very good. We must encourage and inculcate good leadership into every level of our national life,” Obasanjo said.

Obasanjo commended the International Coordinator of Priesthood Leadership Development Initiative, Prof. Olusesi Obateye, and the President of the South Africa-based institute, Prof.Van Den Berg Edward Alfred, for recognising and encouraging some Nigerians with leadership capacities.

Earlier, Obateye, who spoke on the theme of the conference “Responsible And Responsive Leadership,” lamented the dearth of good leaders, saying it was responsible for Nigeria’s under-development almost 64 years after independence.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 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

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.