News

Tinubu’s Wife Gifts Fallen Heroes’ Widows N427m

Published

2 years ago

November 14, 2023

Editor

First Lady, Oluremi Tinubu, through the Renewed Hope Initiative, on Tuesday, supported families of the nation’s fallen heroes with N427.75m.

Each of the 1,709 widows and orphans of the Nigerian Armed Forces will receive N250,000.

“This will enable you to recapitalise an existing business or start a business of your choice to enable you to care for your families,” said Mrs Tinubu as she presented the relief package to the beneficiaries drawn from across the country.

The Special Adviser to the First Lady on Media and Publicity, Busola Kukoyi, disclosed this in a statement on Tuesday titled ‘First Lady Oluremi Tinubu commends strength, resilience, and the sacrifices of widows and orphans of armed forces.’

During the presentation of the relief package, the First Lady acknowledged the challenging journey of the families, highlighting the sacrifices made by their loved ones in defending the country.

Emphasising the need to reward their sacrifices with adequate welfare and support, she remarked, “We recognise that widows are not victims; they are survivors. You have shown extraordinary courage in the face of adversity, and we are here to offer a helping hand as you chart a new path forward.

“Some of you have been widows for some time while some of you have just been widowed and we hope that the older widows will give emotional support to the younger ones.”

The Chief of Defence Staff, General Christopher Musa, expressed his gratitude for the First Lady’s efforts.

Represented by Major-General Danladi Salisu, he noted that such support significantly boosts the morale of both the families of fallen heroes and those currently serving.

Meanwhile, President of the Defence and Police Officers Wives Association and the wife of the Chief of Defence Staff, Oghogho Musa, received the donation on behalf of the beneficiaries.

She described the gesture as a crucial relief for these families.

The beneficiaries were drawn from various associations, including the Nigerian Army Officers Wives Association, the Nigerian Navy Officers Wives Association, the Nigerian Air Force Officers Wives Association, the Police Officers Wives Association, and the Defence Officers Wives Association.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour 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.