Business
17-year old girl drinks poison , blames Grandmother for misfortune in Lagos
A 17-year-old girl, Temitope Saka, has died after drinking insecticide, Sniper, in the Igando area of Lagos State.
It was gathered that the victim left behind a suicide note in which she allegedly blamed her grandma for her death.
Our correspondent gathered that Saka’s boyfriend reported the incident to the police at the Igando division, which led to the arrest of the woman.
It was learnt that the victim’s mother died when she was three years old.
A source explained that Saka, who was the only child of her parents, was taken to her grandmother’s house on Mofoluwasho Close, Alhaji Ede bus stop, Igando.
The source said, “She had been living with her grandma since her mother died. The grandma is a trader in Ikotun, where the girl met her boyfriend, who is also a trader.
“There were times that the girl brought the man home and he spent the night with her because the grandma went for vigils.”
Another source said when the victim became pregnant, her grandma insisted she packed out of the house.
“The woman insisted that she packed to her boyfriend’s house. She threw out her luggage and chased her away,” he said.
Our correspondent learnt that the victim drank the poison last Wednesday and began foaming in the mouth at her boyfriend’s house.
She was said to have been rushed to the Igando General Hospital where she died.
Her boyfriend, who saw the suicide note, was said to have reported the incident to the police.
A resident said, “The girl and the boyfriend loved each other. The man did not even reject the pregnancy.
“The grandma probably chased her away because she could not stand the shame that the girl got pregnant out of wedlock.
“Last Wednesday, while she was at the boyfriend’s house, she started foaming in the mouth and she was taken to the hospital.
“The boyfriend found a suicide note where she accused her grandma of causing her death. He reported to the police.
“The police took the note and arrested the woman. She was in tears at the bus stop as she kept saying she didn’t mean any harm. It was a sad sight.”
A woman on the street told our correspondent that Saka was her parents’ only child.
She said, “Out of all the women her father married, it was only her mother that had a child and she was the only child. She was the hope of the family. Now that she is dead, that hope is gone.”
Our correspondent learnt that it was the second time in less than two months that a pregnant teenager would commit suicide in the area.
On June 18, a 19-year-old girl, Uche Obiora, allegedly took Sniper at her boyfriend’s house, which is a street away from Saka’s grandmother’s house.
A resident, who identified himself as Goddey, appealed to the government to intervene in the increasing rate of teenage suicides in the community.
When our correspondent approached Saka’s relatives at their house on Mofoluwasho Close, they declined comment.
A fair-complexioned woman, who donned a berret, said, “Nothing evil happened to us here. Please leave now. We don’t want to say anything. You can write whatever you have heard. We have nothing to say.”
The Police Public Relations Officer, SP Dolapo Badmos, confirmed Saka’s death.
She said, “The victim allegedly drank a substance suspected to be Sniper insecticide.
“She was rushed to the Igando General Hospital for treatment; but she died. Her corpse has been deposited at the hospital’s morgue for autopsy. Investigation is still ongoing.”
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
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