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Why I Want N3.5m Monthly Child Support From Femi Fani-Kayode — Ex-Wife

Former Minister of Aviation, Femi Fani-Kayode’s estranged wife, Precious Chikwendu, has accused him of beating her up at several occasions including when she was pregnant. Chikwendu, who’s demanding full custody of their four sons, made the allegations in an affidavit she deposed in support of an originating motion brought pursuant to Section 69 of the Child’s Rights Act, 2003. “From the early days of our relationship, the respondent (Fani-Kayode), has always maintained a lifestyle of utter disregard to my feelings. This was evident in the way and manner the respondent assaulted me while pregnant with our first son. The respondent (Fani-Kayode) kicked me severally on my stomach over a petty argument that ensued. It was my friend, Vanessa, who was around at the material time that intervened at the nick of time to save me. I had to leave the respondent’s (Fani-Kayode’s) house a few days after this incident. The respondent (Fani-Kayode) repeated the same act when I was pregnant with tripl

IFC Partners With FCMB to Finance SMEs Facing COVID-19 Related Challenges In Nigeria



loans for medium and small enterprises, ifc in Nigeria, IFC Supports Nigeria’s FCMB to Finance SMEs Facing COVID-19 Related Challenges, SD news blog,



IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they can sustain business activities disrupted by the COVID-19 pandemic.


The loan, made through IFC’s COVID-19 fast-track financing support package, reflects IFC’s commitment to Nigeria’s private sector following the severe challenges brought by the health and economic crisis.



The funds will allow FCMB to support hundreds of businesses with trade financing and working capital loans.



FCMB’s Chief Executive, Adam Nuru, said, "IFC’s loan facility will allow us to keep credit flowing to SMEs as well as corporate companies across all sectors of Nigeria’s economy, including in the health, pharmaceutical, food and trading industries.”



IFC’s Country Manager for Nigeria, Eme Essien Lore, said, “Supporting financial institutions like FCMB is vital to keeping smaller businesses solvent, saving jobs, and limiting economic damage in the face of a challenge as formidable as COVID-19.
Although Nigeria has a strong and dynamic private sector, it needs liquidity now to ensure it remains viable during and after COVID-19.”


IFC’s $8 billion global COVID-19 fast track facility was launched in March 2020 to support existing clients through direct lending to affected companies and to financial institutions so they can continue lending to their clients and help to preserve and create jobs.


With a network of 205 branches, FCMB serves more than 4.5 million customers in Nigeria.


IFC’s portfolio in the country stands at $1.3 billion in sectors including manufacturing, financial services, infrastructure and technology.


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