News

Tinubu Receives Blinken At State House

Published

2 years ago

January 23, 2024

Editor

President Bola Tinubu is currently in closed-door talks with United States Secretary of State, Antony Blinken, at the Aso Rock Villa, Abuja.

Blinken who arrived at the State House at about 06:53 pm local time was received by the Minister of Foreign Affairs, Yusuf Tuggar, ushered into the President’s diplomatic room for a bilateral meeting.

Although the senior US official is visiting Tinubu for the first time since the latter assumed the Presidency eight months ago, it would be his second visit to the seat of power since November 2021 when he met President Muhammadu Buhari.

Nigeria is Blinken’s third destination in his week-long whistle-stop tour which began in Cabo Verde through Ivory Coast and is scheduled to end in the Central African state of Angola.

Visiting a port in Praia, Cape Verde’s capital, that was expanded through US government assistance, Blinken remarked that the US was “all in” for Africa.

“We see Africa as an essential, critical, central part of our future,” he said.

According to the US State Department, his visit is part of a bid to forge a united front with key African democracies as crises engulf the world.

In Abidjan, Blinken met Ivorian President Alassane Ouattara, before heading to Abuja to see Nigerian President Tinubu.

The two West African powers, one Anglophone and one Francophone, have largely shared the US stance on arming Ukraine and, more recently, US support for Israel in its war with Hamas.

In 2022, Nigeria, Africa’s most populous nation, and Ivory Coast, as well as Kenya in East Africa, joined the United States in a United Nations vote to condemn Russia’s aggression in Ukraine.

This is in sharp contrast with another continental power, South Africa, which the US has accused of allowing arms shipments to Russia and which most recently pushed a genocide case against Israel before the International Court of Justice.

Consequently, Blinken will not visit South Africa but he will visit Angola, which played a crucial role in mediating to end unrest in the neighbouring Democratic Republic of Congo.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 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

3 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

6 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.