News

Sweden Announces Return Of Benin Artefacts

Published

2 years ago

May 15, 2024

Editor

The Swedish government has resolved to return 39 pieces of Benin Artefacts in her Museum to the custody of Oba of Benin, Ewuare II.

According to a statement issued by Osaigbovo Iguobaro, Chief Press Secretary to Oba of Benin, the disclosure followed a Gazzette by the Federal Government which recognises ownership and vesting custody and management of repatriated Benin Artefacts in the Oba of Benin.

Iguobaro in the statement said that the Swedish Ambassador to Nigeria, Her Excellency Annika Hahn-Englund, conveyed the Swedish government decision when she paid a courtesy visit to Oba of Benin Palace in Benin City, Edo State.

Ambassador Hahn-Englund informed the Royal father that Sweden and Nigeria, which is the second largest market in Sub-Sahara Africa, are trading partners, including infrastructure, Telecommunication, Energy and other businesses that supported the economies significantly.

The Swedish envoy, said, “also, I would like to mention that with cooperation, we have in Culture, Education with Nigeria; I would like to mention the decision of why the Swedish government has to return 39 Artefacts to Benin Kingdom.

“So, your Majesty, I am very honoured to be here tonight”, Ambassador Hahn-Englund said this while paying respect to Oba Ewuare II.

Responding, Oba Ewuare II on behalf of Edo people also welcomed the decision and expressed his deepest gratitude to the Swedish government for the intervention.

The Benin monarch recalled how he made a request through the Swedish monarch in 1998 to return Benin Bronzes in Sweden during his courtesy visit to him as Nigeria Ambassador to Scandinavian Countries.

The traditional ruler disclosed that the federal government-backed Benin Royal Museum project is still on course, and commended partners for their support and devotion towards the project.

The Oba also commended the National Commission for Museums and Monuments (NCMM), which is an agency of the Federal Government of Nigeria, responsible for the preservation, promotion, and development of Nigeria’s cultural heritage.

The traditional ruler who prayed for members of the Diplomatic Mission, shared a captivating tale of his Diplomatic exploits as Ambassador in the Scandinavian Countries, noting that the remarkable reign and enduring affection of the Swedish monarch, His Royal Majesty, Carl Gustaf Folke Hubertus remain indelible.

According to Oba Ewuare II, the demand for the return of looted Benin Artefacts has been on since the reign of Oba Akenzua II, “and you are here today telling that it has been approved. This has been my request a long time ago. God’s time is always the best”.

To underscore the significance of the historic visit to the Palace, the Ambassador in the accompany of her husband and a member of the Diplomatic Mission, presented a souvenir to Oba Ewuare II, who in turn gave a copy of the federal government Gazette on all Benin Artefacts to the envoy in appreciation.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

16 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

37 minutes 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

3 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.