Business
A GLANCE AT THE SPECTACULAR TRADITIONAL MARRIAGE OF CHIEF MICHAEL DURU EJIOGU’S DAUGHTER: ANARA’S TALK OF THE TOWN BY CHINEDU NSOFOR
A GLANCE AT THE SPECTACULAR TRADITIONAL MARRIAGE OF CHIEF MICHAEL DURU EJIOGU’S DAUGHTER: ANARA’S TALK OF THE TOWN
BY
CHINEDU NSOFOR
In the vibrant Ancient kingdom of Anara, located in Isiala mbano LGA of Imo State, Chief Michael and Lolo Ijeoma Ejiogu celebrated an unforgettable event on April 27th, 2024. The occasion was the marriage of their daughter, Akudo Stephenia, to Dr. Frank Arinze. Chief Michael, a distinguished business magnate and real estate expert renowned for his leadership as the CEO of City Gate Group, orchestrated a traditional marriage ceremony that enchanted all attendees. Dr. Frank Arinze, hailing from the esteemed family of Elder Victor and Mrs. Jane Azikiwe of Onisha Town in Onisha North LGA, Anambra State, joined in this union, leaving a lasting impression on all fortunate enough to witness it.
The gathering was a convergence of dignitaries from various spheres of influence and affluence, a testament to Chief Duru’s esteemed standing in the community. Among the distinguished guests were luminaries such as the Former Governor of Imo State(Chief Ikedi Ohakim) ; Rt. Hon. Chike Olemgbe( Speaker of the Imo State Assembly) ; His Royal Highness Cletus Iluomuanya(Chairman of the Imo State Elders Council) ; Nze Chidi Chinasa Nwanerri( Former S.A. Special Duties to the Governor of Imo State) ; the esteemed celebrity businessman, Pascal Okechukwu (Cubana Chief Priest); and Chief Tony Chukwu, alongside His Excellency Uche Nwosu, Hon. Bar. Kingsley Ononuju(Former Commissioner for Commerce and Industry Imo State), among numerous other titans of industry and notable politicians from across the nation.
In the enchanting tale of Akudo Stephenia and Dr. Frank, their love blossomed like vines reaching for the sun, culminating in a marriage that exuded elegance and grace. Their union, akin to a masterpiece painted by destiny, gathered dignitaries of high esteem, each bearing witness to a love as timeless as the stars above. Amidst the festivities, the bride’s search for her groom amidst the crowd seemed to reflect a cosmic alignment, it seemed as though the universe itself whispered secrets of eternal love, weaving their destinies into a tapestry of joy and commitment.
The ceremony unfolded with the grand entrance of the groom, a moment charged with anticipation and jubilation. As the kola nut was ceremoniously broken, marking the sacred inception of their union, all eyes eagerly awaited the radiant arrival of the bride, an embodiment of grace and sophistication.
The festivities were further enriched by captivating musical performances by over three renowned artists, adding a melodious backdrop to the celebration. Chief Michael Duru, as the Onowu, holds the esteemed position of Traditional Prime Minister within the Anara Ancient kingdom. His residence, a very sophisticated Mansion, not only stands as a testament to his legacy but also serves as the official Palace of the Onowu of Anara. During the traditional marriage ceremony of his daughter, this grand abode was dedicated, marking not only a familial celebration but also a continuation of tradition and lineage within the kingdom. Through this dual purpose, Chief Duru’s dwelling embodies both personal significance and cultural heritage, symbolizing the intertwining of familial duty and regal responsibility.
Culinary delights adorned the event, with a plethora of sumptuous dishes that tantalized the taste buds of all attendees. From traditional delicacies like fried rice to an array of fruits including apples, pineapples, oranges, and garden eggs, guests were treated to a gastronomic extravaganza that showcased both local and international flavors. The meticulous attention to detail and commitment to excellence in hospitality left an indelible impression, ensuring that every guest departed with fond memories of the occasion.
Amidst the gathered throng of friends and well-wishers, prayers soared heavenward, carrying blessings for the couple’s journey ahead. Each heartfelt wish resonated like a gentle melody, enveloping them in a cocoon of love and support as they stepped into the boundless expanse of married life. May their days be filled with laughter, their nights warmed by the embrace of affection, and may their love endure, perennial and ever-blooming, under the nurturing glow of the sun.
Indeed, Chief Michael Duru Ejiogu’s daughter’s traditional marriage was not just a union of two souls but a celebration of heritage, culture, and community. It was a testament to the enduring values of love, unity, and generosity that bind us together as a society. As the echoes of laughter and joy reverberated throughout Anara, it was clear that this event would be remembered as a highlight in the annals of the town’s history, a cherished memory for generations to come.
Chinedu Nsofor is a Seasoned Technocrat, Media Guru/Consultant and writes from Owerri, Imo State.
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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