News
Why I Won’t Support Tinubu –Dele Momodu
A presidential aspirant on the platform of the Peoples Democratic Party and Publisher of Ovation magazine, Dele Momodu on Friday recounted his experience with the wife of the presidential candidate of the All Progressives Congress, Remi Tinubu, at the funeral of a chieftain of the APC, the late Kemi Nelson in Lagos.
Momodu, in a terse statement posted on his verified Instagram page via @delemomoduovation, said his decision to support the PDP was aimed at unseating the ruling APC.
He said, “Only two people, apart from the photographers, witnessed what happened between me and Senator Oluremi Tinubu yesterday, at the funeral service of Chief Kemi Nelson at Archbishop Vining Memorial Church in Ikeja, Lagos.
“Before some people add salt and pepper (sic) to it, I need to state precisely what happened. Senator Tokunbo Abiru and Dr Tunji Olowolafe and I had walked in about the same time and we went to greet my very dear sister, Senator Oluremi Tinubu. Immediately she saw me, we exchanged our usual pleasantries and then she asked me, “So, Bob Dee, you’re not going to campaign for my husband?” I smiled and remained very calm before replying, “Your Excellency, I’m in PDP.” She apparently didn’t find it funny and regaled us with the past I shared with her husband and I tried to calm her down.
“Anyway, I went back to my seat and pondered on what just happened and I soliloquised. Before the PDP primary, I had been asked repeatedly by journalists if I’ll dump PDP if I don’t get the ticket, my answer was NO (sic). So if I had gotten the PDP ticket, would I step down for TINUBU of APC, the answer is No (sic).
“I joined PDP because APC was leading Nigeria to Golgotha. APC candidates are promising to continue BUHARI’S ‘good works!’ (sic) I joined PDP in order to sack APC from power and to do this I needed a strong opposition party. I had preached to my younger friends that only a mainstream party like PDP can achieve this in 2023.”
Momodu, however, said that while he would respect the opposing views of his friends, he chose to place Nigeria over friendship.
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He added, “This remains my conviction. I practice what I preach. Those who disagree are in other parties and I respect their opinions and wish them well. I’m in PDP. I love ASIWAJU BOLA AHMED TINUBU. We’ve truly come way back. I love PROFESSOR YEMI OSINBAJO. I love RT. HON. CHIBUIKE ROTIMI AMAECHI… And all my APC friends… (sic) But APC has done too much damage to Nigeria.
“I choose to place Nigeria above friendship… I will try my best to support and encourage our PDP candidate ALHAJI ATIKU ABUBAKAR (sic) to do the right things in our party and to rescue our dear beloved country from the vestiges of oppression, religious intolerance, poverty, terrorism, infrastructure decay, economic wows, unemployment. God bless the Federal Republic of Nigeria.”
PUNCH
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
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.
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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
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.
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“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
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.
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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).
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“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.
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