News

Troops Recover 500,000 Litres Of Crude Oil — DHQ

Published

2 years ago

November 23, 2023

The Defence Headquarters said troops of Operation Delta Safe have recovered a total of 578,900 litres of stolen crude oil, 454,330 litres of illegally refined Automotive Gas Oil, and 10,000 litres of Dual Purpose Kerosene in the last one week.

DHQ also said it destroyed 50 illegal oil refining sites in the Niger Delta region and arrested 51 suspects.

The Director, Defence Media Operations, Maj.-Gen. Edward Buba, made this known on Thursday in Abuja while briefing newsmen on the operations of the military.

Buba said the troops also eliminated four criminals and recovered arms and ammunition.

According to him, troops also destroyed 245 dugout pits, 31 boats, 69 storage tanks, one tricycle, 23 vehicles, 162 cooking ovens, one pumping machine, and three outboard engines.

He said the troops neutralised a notorious criminal and recovered one locally made pistol on November 14 in the Akpabuyo Local Government Area of Cross River.

“On Nov. 15, troops with hybrid forces raided suspected drugs peddlers’ hideout in Isoko North Local Government Area of Delta and arrested six suspects.

“The maritime component of Operation Delta Safe on Nov. 17, conducted a search and rescue operation following a distress call on a missing Cameroonian-flagged motor Fishing Vessel MFV AFKI with registration number UK12 and number AFKI 8432780.

“After frantic surveillance, maritime component traced and made contact with the vessel 17 nautical miles off Pennington terminal.

“The vessel was recovered with two foreign crew members onboard,” he said.

In the South East, Buba said the troops of Operation UDO KA neutralised six criminals, apprehended 14 suspected IPOB/ESN elements, and rescued two kidnapped hostages.

He added that the troops recovered a pump action gun, one double barrel gun, one locally made pistol, six rounds of 9mm ammo, a motorcycle, and two mobile phones, among other items.

According to him, all recovered items, arrested suspects, and rescued hostages were handed over to relevant authorities for further action.

NAN

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

4 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

4 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.