News

Why TASUED Increased Tuition Fees — VC

Published

2 years ago

November 22, 2023

Editor

The Vice-Chancellor of Tai Solarin University of Education, Ogun State, Prof Oluwole Banjo, on Wednesday, said that the removal of fuel subsidy was the reason behind the hike in tuition fees by the school.

Banjo disclosed this on Wednesday during the press briefing held on the heels of the 13th, 14th, and 15th convocations of the varsity slated for next Tuesday.

The VC who described as very exceptional the combined convocations noted that a total of 5153 students would be graduating during this event out of which 18 of them have First-class honours, 159 are graduating with Master’s degrees, 60 with Post Graduate Diploma in Education and 30 with Post Graduate Diploma.

He said that the former Deputy Governor of the Central Bank of Nigeria and erstwhile President of TASUED Trust Foundation, Dr Tunde Lemo would be conferred with an Honourary Doctorate Degree in Economics.

The VC said, “This year is exceptional as we witness the combined convocation of the 13th, 14th, and 15th ceremonies, with a total of 5153 students graduating. Among them, 18 have achieved first-class honours, while 159 are graduating with master’s degrees, 60 with PGDE, and 30 with PGD.

“This year’s Honourary Degree will be bestowed on Dr Tunde Lemo, former CBN Deputy Governor and former President TASUED Trust Foundation.”

Speaking on the hike in the school fees, the VC said that after a series of meetings, the management reviewed the fees from N260,000 to N148,500 for returning students offering education and N158,500 for science students while fresh students offering education will pay N170,000 and those offering science courses will pay N180,000.

He said that the students could also choose to pay by instalments and that under this arrangement, the students will pay 60 per cent of their fees during the first semester and pay up the remaining 40 per cent during the second semester.

The VC said, “I also wish to address the recent adjustment in the school fees regime. Recognizing the changing economic landscape brought about by the removal of the Fuel subsidy and its attendant effect, the university has however introduced a two-installment payment plan to alleviate the financial burden on students.

“The institution’s work-study program provides an opportunity for students to work on campus while maintaining their studies.”

The VC also said that the institution is leaving no stone unturned to improve the security of both the staff and students of the school.

“On this security matter, we are leaving nothing to chance, I have even been to see the Inspector General of Police, Kayode Egbetokun, and we are regularly working with the state Commissioner of Police, CP Alamutu Abiodun to ensure that everyone is secured.”

The VC said that the combined convocations will also witness the launching of some infrastructural projects such as the Crystal Building, an ICT-based research and teaching facility, along with the Alumni Building, a 2000-seater capacity lecture theatre generously donated to the varsity.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour 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

2 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

4 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.