News

Why Police Sealed Off Our National Secretariat – ASCSN

Published

4 years ago

September 3, 2022

The National President of the Association of Senior Civil Servants of Nigeria (ASCSN), Innocent Bola Audu has explained the rationale behind the sealing of the national secretariat of the union.

The union had in the last few weeks been enmeshed in a series of crises.

Some officials of the union had been accused of N10b fraud leading to a protest by members.

Recall that the national secretariat of the union in Lagos had been sealed by the police as a result of the protests.

The national President of the union, Comrade Innocent Bola Audu has, however, explained the rationale behind the sealing of the national secretariat.

Audu in a statement made available to DAILY POST on Saturday said the secretariat was sealed by the police to avoid a breakdown of law and order.

He said the secretariat was sealed till further notice due to threats and unruly behaviour of some members and to douse tension and avoid bloodshed.

Audu insisted that the Commissioner of Police in Lagos State was also directed by the Inspector General of Police to provide security in the Secretariat to ensure no breakdown of law and order.

He said, “The truth remains that the Secretariat was sealed by his threats and unruly behaviour before the Police Commissioner to avoid break down of law and order and guarantee peace in the environment.

“The fact of the matter is that, Mr. Alade Bashir Lawal and his partners were reported to the police for suspected fraud of monumental proportion and mismanagement of the union’s finance and resources.

“On the basis of the complaint, the Inspector General of Police directed the Force CID to investigate the criminal allegations and the petition by the union’s President, Innocent Bola-Audu.

“The Commissioner of Police Lagos was also directed by the IGP to provide security in the Secretariat to ensure no breakdown of law and order, and to prevent the suspects in the case from tampering with evidence materials that may be needed in police investigations.

“To douse tension and avoid bloodshed”.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

5 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

5 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

7 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.