Business
5 things You Should Know About the death of APC LG chairman’s candidate, Muiz Bello. + his last interview with us
Facts file about MB’s death:
- He clocked 39 on the very day he died, Saturday, March 28, 2015.
- He was in the boat with his wife when the incident occurred. He died but his wife survived and has been admitted in the hospital.
- He has just been promoted in his place of work, chevron.
- He was billed to travel to England on Sunday, March 29, 2015 to relax and celebrate his birthday.
- He has three kids, a boy and two girls.
Sadly, Muiz Bello, the APC candidate of Epe LG chairman candidate, died on the very day he clocked 39, Saturday, march 28, 2015 in a boat tragedy in Epe area of Lagos. The boat is said to have capsized while coming from the riverine area where they have gone to cast their votes.
The amiable lawyer turned politician was in the boat with eight others which included, the owner of the boat and his two sons, his wife and personal assistant, the first son of olu of Epe, Prince Azeez Adewale and two others.
MB as Muiz is fondly called and Prince Adewale were said to be returning from a riverine area in Epe where they had gone to cast their votes before the unfortunate incident occurred Saturday afternoon. Sadly, they both died in the unfortunate incident.
Bello’s Personal Assistant was also among the people that lost their lives in the incident.
The lawyer’s wife, who was with them, survived the incident; she is recuperating at the General Hospital in Epe.
Here was his last interview with Sahara weekly in his palatial home at VGC, Lagos weeks before his sudden death.
MUHEEZ BELLO EXCLUSIVE! ‘Why I am the most suitable candidate for Epe LG Chairmanship” + Reasons Ambode should be voted in
Sahara Weekly
38 year old Muheez Olayinka Bello widely known as MB is a trained lawyer and was called to bar in 2003. He has had experience in the public sector working as advisor to the Governor of Lagos on Students affairs. He was also a foremost entertainment lawyer providing legal and financial advisory services for entertainers such as 2face, Eldee and the rest. He moved into oil and gas industry in 2008 as a government Relations Advisors to a foremost multi-national oil company. In an exclusive chat with Sahara Weekly, MB, who is married to Monsura, a lawyer, opened up on why he is the most qualified to become Epe L:G chairman in 2015
You are contesting the seat of Epe Local Government Chairmanship, what informed your political aspiration?
It all began with my passion for development. I have always endeavored to support the less privilege in the society. And to a large extent, I have tried within my own capacity to support different initiatives that will improve the well being of different people. I discovered that much as I love doing that in my own way, the opportunities are huge and the challenges enormous especially in a society where poverty is endemic. I realized that the best way to go about it with a genuine commitment to be involved with public service. Aside that, the world economy is being driven by young person using the social media and technology to move the world forward. I was convinced that young people like us have a responsibility to move the country forward.
What are your plans for Epe community?
I have a lot of plans determined by the challenges and problems of the society. There is a team of young people who needs motivation and someone to help them interpret their dreams to reality. There is the issue of electricity. The problems are enormous. I am not deterred by that. Those challenges spur me into actions and enables me contribute my own quota by showing good examples. That would enable me present a template for growth at the grassroots’ level.
What’s your take on professionals and technocrats taking over politics?
If you compare our world with United Kingdom, you will find out that for you to join the political train, you must be well schooled and exposed professionally. For instance, in United States of America, you must be successful in your chosen field. However, in Nigeria people see it as a means of amassing wealth to themselves. It’s high time we allowed professionals and technocrats do the magic. They are better equipped and skilful to move the society forward. For instance, Governor Babatunde Fashola was not a core politician but he came and turned things around. If you are talking about transformation in Nigeria, it resides in Lagos.
Why should Epe people elect you?
If we consider competence, compassion, commitment, professionalism amongst other things, I qualify. I am simply the best hand for this lofty position. I am a qualified lawyer. I was among the first telecoms lawyers in Nigeria. I have adequately handled the power sector in terms of academic or professional competence. Politically, I have been working as an adviser to the commissioner for Sports. I was part of the team that spearheaded a public private partnership model for sports development in Lagos State. Since 2008 till date, I have been working at the highest level and these are the things we should consider. Of a truth, none of my rivals have such enviable credentials. Beyond that, in Epe I have the reputation for being a philanthropist. I have spent my money to support the people and various projects for the growth of the community. If you consider my pedigree, why would someone want to leave an enviable position in a prestigious organization like Mobil to become a Local Government chairman? It was borne out of the need to lead by example. Public service is all about sacrifice.
But so many people are as committed as you are but without resources, what’s your take on the notion that politics is all about money?
The truth is that politics require a lot of money. And that’s because in the third world continent, poverty is endemic. Politics should be about the people and not about money. Politics is quite expensive. And this is why I call on Nigerians especially the upwardly mobile young people to embrace politics. We should all work together. I can’t continue to use my own money. It should be a joint project. If you allow someone else to do the funding and the candidate gets into power, he has no choice but to compensate his godfather because he who pays the piper dictates the tune.
Why the choice of APC?
The party represents true change. It has come to be known with development and growth. If I have not been in APC, there is no way I could have been in PDP. The leadership of that party is grossly incompetent. It’s the worst president we have ever produced. Their actions and utterance best suit the ghettos. Is it Koro or Bode George that I will bow down to as my leaders?
What’s the response like in Epe?
It has been awesome and you can see for yourself. They are so happy because I represent a new wave of fresh breath and change.
Don’t you think what happened in Ekiti might play itself out in Lagos?
Don’t forget that in 2007, Obanikoro want about terrorizing people but our people stood their ground and beat them to it. I felt sorry for Jimmy Agbaje. With all the goodwill he has impacted, he has chosen the wrong set of people and political party to associate with. What’s Obanikoro”s political achievement?
What was your wife’s reaction?
She has always been very supportive. She is a lawyer, too. We discussed it and she gave me her blessing. She is also part of our campaign team.
If you are to advise the president on one pressing issue, what would that be?
I would ask him to be more presidential in the way he handles ethnic issues. Chief Edwin Clark has done the country a lot of damage with his utterances. He always takes ethnic dimensions to national issues and the president has kept quiet. Asari Dokubo has threatened to split Nigeria if Jonathan was not reelected and the president kept mute on such statement. I believed the president has nothing new to offer us. He has always depended on Goodluck all his life. There is a limit to which goodluck can take you to.
Business
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.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
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.
Business
GTBank Launches Quick Airtime Loan at 2.95%
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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