News

Tinubu Swears In Two New Ministers, Holds First FEC Meeting Since July

Published

6 months ago

November 6, 2025

Editor

President Bola Tinubu on Thursday administered the oath of office to Dr Bernard Doro and Dr Kingsley Udeh as ministers, officially inducting them into the Federal Executive Council.

The ceremony took place at 1:52 p.m. inside the Council Chamber of the State House, Abuja, just minutes before the commencement of the FEC meeting, the first since July 2025.

Thursday’s swearing-in restores cabinet representation for Plateau and Enugu states, both of which had been without ministerial presence in the past few weeks.

Doro, a UK-trained clinical practitioner and seasoned pharmaceutical and public health administrator, was nominated by Tinubu on October 21 to replace Prof. Nentawe Yilwatda, who vacated the Ministry of Humanitarian Affairs and Poverty Reduction after emerging as National Chairman of the All Progressives Congress on July 31, 2025.

Doro, who hails from Kwall, Bassa LGA of Plateau State, has over two decades of combined experience in clinical medicine, pharmacy, and IT-driven health strategy.

According to the Presidency, he holds multiple degrees, including in Pharmacy, Law, and Advanced Clinical Practice, and has served extensively within the UK’s National Health Service.

Meanwhile, Udeh, the Attorney-General and Commissioner for Justice in Enugu State until his nomination, replaces Uche Nnaji, the former Minister of Innovation, Science and Technology, who resigned on October 7, 2025, following controversies over his academic records at the University of Nigeria, Nsuka.

Udeh, recently conferred with the rank of Senior Advocate of Nigeria, was nominated by the President on November 4 and was confirmed by the Senate soon afterwards.

Their swearing-in brings Tinubu’s cabinet size to 48 ministers.

Following the brief ceremony, Tinubu presided over the FEC meeting, the first since July 31.

Before the meeting went into a closed session, the Coordinating Minister of the Economy and Minister of Finance, Wale Edun, informed the council that Nigeria’s return to the international capital market had drawn strong investor confidence, with the 2.35-billion-dollar Eurobond oversubscribed by 453 per cent, attracting 13 billion dollars in orders.

“The next phase of reforms will remove barriers holding back investors. We will review tariffs and import restrictions to stimulate productivity and investment,” he stated.

Edun added that a detailed review of the Federation and federal balance sheets is underway to optimise Asset Management for inclusive growth.

“We are improving fiscal reporting and budget realism, tightening expenditure frameworks and ensuring reforms gains are made available to all Nigerians,” he said.

Tinubu welcomed the outcome, noting that despite political headwinds, Nigeria continues to engage global partners, strengthen its diplomatic ties, and rebuild confidence in its economy.

He said the task ahead remains to defeat terrorism and deliver a peaceful, inclusive, and prosperous Nigeria.

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.