News
Three Anambra Monarchs Strip Ifeanyi Ubah Of Chieftaincy Titles

The traditional ruler of Aguluezechukwu in Aguata Local Government Area, Igwe F.E. Ebelendu; traditional ruler of Neni in Anaocha Local Government Area, Igwe Onwuamaeze Damian and the traditional ruler of Ojoto in Idemili South Local Government Area, Igwe Gerald Mbamalu, have withdrawn the chieftaincy titles they conferred on the Senator representing Anambra South, Ifeanyi Ubah.
This was disclosed in a statement issued by Christian Aburime, the Press Secretary to the state governor, Prof. Chukwuma Soludo, on Tuesday.
The three monarchs had conferred various chieftaincy titles on Ubah during their respective Ofala and cultural festivals last December.
Ubah, who recently defected to the All Progressives Congress, is said to be interested in contesting the 2025 governorship election in the state.
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The Anambra State government had through the state Ministry of Local Government, Chieftaincy and Community Affairs, earlier suspended the traditional ruler of Neni Kingdom, Igwe Damian Ezeani, following his conferment of the chieftaincy title on the Senator.
In his suspension letter signed by the state Commissioner for Local Government, Chieftaincy and Community Affairs, Mr Tonycollins Nwabunwanne, and dated January 8, 2024, Ezeani was said to have violated the code of conduct for traditional rulers.
According to Aburime, the action by the three traditional rulers was in direct contravention of the State Traditional Rulers’ code.
The statement read, “It has come to the attention of Anambra State Government that Igwe F.E. Ebelendu of Aguluezechukwu in Aguata Local government Area, Igwe Onwuamaeze Damian Ezeani of Neni in Anaocha Local government area and Igwe Gerald Obunadike Mbamalu of Ojoto in Idemili South Local Government Area have respectively apologised to Anambra State Government and withdrawn and cancelled the phantom chieftaincy titles conferred on Senator Ifeanyi Ubah, as it contravenes the State Traditional Rulers’ law.
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“This action by the three traditional rulers was in direct contravention of the State Traditional Rulers’ code, which outlines the rules and regulations regarding the granting and revocation of chieftaincy titles.
“Consequently, the titles of Ikemba Ojoto, Odenjiinji Neni and Dike Eji Eje Ogu earlier bestowed on Senator Ifeanyi Ubah have been withdrawn and cancelled by the three Igwes.
“This was contained in their respective letters of apology to the state government which also confirmed the withdrawal and cancellation of the chieftaincy titles which they variously described as nullity.
“However, it is instructive to note that traditional rulers are kindly advised to adhere strictly to the State Traditional laws and avoid any untoward actions that could contravene the provisions of the law.”
Unah, had earlier slammed the state government for suspending the transitional ruler of Neni, who during the Yuletide, conferred on him the title of ‘Odenjinji’ of Neni, which is similar to the title the state governor, Prof. Chukwuma Soludo, also holds in his Isuofia community.
The senator, in a statement, said, “The entire game is all about politics. Soludo is frustrated by my rising popularity.
“I am not the only person that received a chieftaincy title. Former Chief of Army Staff, Tukur Buratai, was honoured within the same period; Vice President Kashim Shettima was also honoured; Mr President was honoured in absentia. Why is my own different?
“The governor is frustrated by my acceptance and popularity; he is jittery about the next governorship election, but I leave him to his conscience.”
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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.
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“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

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.
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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).
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“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.
News
Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

Senator Adams Oshiomhole has called on the Federal Government to retaliate against South African businesses operating in Nigeria following the recent attacks on Nigerians in South Africa.
Speaking during plenary on Tuesday, Oshiomhole said the Federal Government should consider revoking the working license of South African owned companies such as MTN and DSTV.
He argued that Nigeria must respond firmly to what he described as persistent hostility against its citizens.
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“I am not going to shed tears. If you hit me, I hit you. I think it is appropriate in diplomacy. It is an economic struggle,” Oshiomhole said.
He argued that while some South Africans accuse Nigerians of taking their jobs, Nigerians should return home and take over employment opportunities created by major South African companies operating in the country, including MTN and DSTV.
“When we hit back, the President of South Africa will not only talk but will also go on his knees to recognise that Nigeria cannot be intimidated.
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“We will not condone any life being lost. If a crime has been committed under the South African law they have the right to bring any such person to justice, but to kill our people as if we are helpless, we will not allow that,” Oshiomhole added.
DAILY POST reports that several Nigerians in South Africa have reportedly been attacked, and their businesses destroyed, in ongoing xenophobic attacks in the country.
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