News

UPDATED: Edo Deputy Gov., Shaibu Impeached

Published

2 years ago

April 8, 2024

Editor

The disagreement and infighting between Governor Godwin Obaseki of Edo State and his deputy, Philip Shaibu came to an end on Monday as eighteen members of the Edo State House of Assembly voted to impeach him (Shaibu).

The impeachment followed the consideration of the report of the seven-man panel set up by the Chief Judge of the State, Justice Daniel Okungbowa.

INFO DAILY reports that the impeachment is the first in state.

In attendance at the House sitting were 20 members including the Speaker, Blessing Agbebaku but 18 members voted for the impeachment while one member abstained.

The deputy governor’s impeachment commenced with the Clerk of the House reading out Order 10-Presentation and consideration of the seven-man panel report of allegation of gross misconducts against the deputy governor, Hon. Philip Shaibu, listed in Assembly’s items for consideration.

Shortly after, the Majority Leader of the House, Charity Aiguobarueghan, representing Ovia North East 1, moved that the report be considered. His motion was seconded by the Minority Leader, Eric Okaka, Owan East.

Consequently, the Speaker assumed chairman of the committee of the whole House to consider the report, after the Majority and Minority Leaders moved and seconded a motion to that effect, respectively.

During the presentation of the report, Donald Okogbe, Akoko-Edo II, rose to object to part C of the report but his objection was overruled by the Speaker.

The House thereafter resolved that the allegation of perjury against the deputy governor was not proved but held that the second allegation of disclosure of official secrets was proved against the deputy governor.

At this stage, the Majority and Minority Leaders of the Assembly moved and seconded a motion, respectively, that the Speaker revert to his position as Speaker of the House.

The Majority Leader further moved that with regard to section 188 subsection 9 of the Constitution, the report be put to vote. At the end of the voting exercise, 18 members voted in support of the impeachment while one member abstained.

In his comment, the Speaker, Blessing Agbebaku, said more than two-third majority of the House voted and endorsed the impeachment.

“I hereby from my seat announce that the deputy governor, Philip Shaibu, stands impeached”, he stressed.

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.