Business
3 Million eye balls watch as the Black History and Lifestyle Awards holds this February
3 Million eye balls watch as the Black History and Lifestyle Awards holds this February
The month of February is recognized in the United States of America and Canada as Black History Month, and there is a growing acceptance of this around the world. This February, the Black History and Lifestyle Awards company has decided to celebrate the best of African Greats at this spectacular award event in Nigeria.
Black history month is about celebrating our root and black excellence, hence the Black History and Lifestyle Award (BHLA) ceremony honors and commemorates the struggles, sacrifices, and extraordinary acts of service made by Africans throughout history and current. The BHLA awards recognize black heroes in all spheres of endeavor, including those who sacrificed their lives to secure the freedom we enjoy today and those who are still paving the road for the future. There are many distinct kinds of triumphs that merit recognition. But regardless of the degree of success, all admirable feats and successes share a great deal of tenacity, grit, and dedication. In search of a deep understanding among all, based on respect for each person’s ideology, opinion, religion, race, and gender, the ultimate goal is to increase the effective and beneficial use of knowledge and to create goodwill among people, nations, and governments.
This year the BHLA Show is featuring many exciting segments, the Award Night will include a high octane Runway Fashion Show, a Trade Exhibition Fair, a Hall of Fame, a Charity Ball and many exciting performances from Top artistes and comedians across the country.
The Hall of Fame/ Award night will reflect on Black history through celebrating the achievements of black heroes and heroines who epitomize excellence in their respective fields. This year we are awarding in 14 different categories; Education, Fashion, Leadership, IT, Politics, Sports etc. Voting is open to all, Africans from all countries and even in the Diaspora can start voting on the website now. Please cast votes for our Nominees at www.blackhistoryandlifestyle.com/nominees IT IS FREE!
This year’s Fashion Runway Show promises to feature and support talented youths such as House of SOTA, Tee Apparel and so many others to showcase their crafts in fashion and accessories.
The Trade Exhibition Fair is designed to connect business owners, buyers, journalists, and business partners, it aims to acknowledge, nurture appreciation for, raise awareness of, and build excitement for Afrocentric brands globally, by providing avenues for their products to be showcased, promoted, networked, and sold. The expo supports black business owners both locally and the diaspora, by promoting their brands to audiences and media partners home and abroad.
Speaking to the Convener; Mrs. Folashade Balogun, her vision is to use the BHLA platform to give honorary recognitions to pasts and present individuals who have impacted the world with their activism, talents, innovations and achievements. She noted that this 2nd edition is the Global Edition and was debuting in Lagos Nigeria, the second Show is slated for Los Angeles, while the final Show will be held in London later in the year.
A notable music chart buster will be headlining the show, supported by other performances from the King of Comedy, Ali Baba and other notable comedians.
The Live Awards Show, will be held on Sunday, 5th of February, 2023 at the Prestigious Balmoral Hall of the Federal Palace Hotels, Victoria Island Lagos. It is an evening of glitz, glamour and quality entertainment with your hostess and host for the night; Nancy Isime and Ayo Makun.
It promises to be sizzling as Fashionistas, Socialites, Entrepreneurs, Diplomats, Government Executives and Black Icons make their appearances on the Red Carpet, hosted by the fun and delectable duo of Eni Adeoluwa and Priscilla Ojo.
We look forward to an exciting Show and congratulate all the Nominees in advance.
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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