News

[UPDATED] Impeachment: Shaibu’s Lawyer Walks Out, Panel Continues Investigation

Published

2 years ago

April 3, 2024

Editor

An oral application by Edo State Deputy Governor, Philip Shaibu, to discontinue sitting by the panel set up to investigate allegations of gross misconduct levelled against him by the state House of Assembly was not accepted on Wednesday.

Shaibu’s counsel, Prof Oladoyin Awoyale (SAN), had raised an objection to the continuation of the investigation in view of the order of an Abuja Federal High Court which adjourned the case filed before it by Shaibu till April 8, 2024.

The Abuja court had urged both parties in the matter to come and show cause why the court should grant or refuse the prayers for interlocutory injunction against the impeachment processes.

However, in his argument, Deputy Clerk, Legal, Edo State House of Assembly, Ohaifa Joe, who is the counsel for the House of Assembly had, while arguing his position, said that by virtue of the provisions of the Constitution, Section 188 (10), no court has the right to prevent the House of Assembly, or the panel so set up, from performing its constitutional responsibilities.

Ohiafi further argued that Awoyale (SAN), must convince the panel that the provision of the constitution had been altered for the panel to sustain his argument.

In his ruling, retired Justice S.A. Omonuwa who is leading the seven-man panel, ruled that the panel will continue its investigation as there was no court order stopping it.

Omonuwa said the Federal High Court in Abuja only asked parties to come and show cause and not restraining the panel’s sitting, adding that the panel is protected by Section 188(10) of the constitution of the Federal Republic of Nigeria.

Responding to the ruling, Awoyale told the panel that his client would not be able to continue to participate in the investigation and sought the panel’s permission to be excused.

When asked whether he was waving his right to defend his client, the SAN answered in the negative, stressing that parties must obey the court decision that they should appear before it to show cause.

Probed further if he was “arresting the ruling of the panel”, Awoyale (SAN) answered again in the negative and reiterated the need to obey the court which would be sitting on Monday, April 8, 2024.

The SAN thereafter begged to be allowed to take a leave from the sitting which was granted.

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.