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‘Allow Igbo to have their Biafra Republic’ – Nigerian Youths begs Acting President, Osinbajo
The Coalition of Northern Youths have written a letter to the Acting President, Yemi Osinbajo, begging him to allow Ndigbo to go and have their Biafra Republic. The group said though they laud the peace and conflict resolution moves being done by the Acting President, they however doubt the efficacy of it in bringing a lasting solution to the problem in question rocking the nation at present. In the letter signed by Ambassador Shettima Yerima, Joshua Viashman, Aminu Adam, Abdul-Azeez Suleiman and Nastura Ashir Sharif, the Northern group however argued that the principle of self-determination has since world war II become a part of the United Nations Charter, which states in Article 1(2) that one of the purposes of the UN is “to develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples”. They said: “Though we do not doubt Your Excellency’s bona fide concerns for the peaceful resolution of the crises, we nevertheless have reservations as to the efficacy of this approach in ensuring lasting solutions.
“Our doubts are informed by the following historical antecedents that have characterized the behavior and conduct of the Igbo in Nigeria and previous efforts at containing them. “The Igbo of Eastern Nigeria manifested their hatred for Nigeria’s unity barely five years after we gained our independence from the British when on January 15, 1966, their army officers carried out the first-ever mutiny that marked the beginning of a series of crisis which has profoundly altered the course of Nigeria’s history. “By that ill motivated cowardly and deliberate action, the Igbo killed many northern officers from the rank of lieutenant colonel upwards and also decapitated the Prime Minister and the political leadership of the Northern and Western regions but left the zenith of Igbo leadership at the Federal level and the Eastern region intact. “In line with the Igbo plan, General Aguiyi-Ironsi took advantage of the vacuum and, instead of returning power to the remnants of the First Republic government, he appropriated the coup and attempted to consolidate it for his people. “Army officers of the Northern Region were eventually compelled to execute a counter coup on July 29, 1966 following a coordinated series of brazen provocations from the Igbo who taunting northerners on northern streets by mocking the way leaders of the region were slain by the Igbo. This unfortunately resulted in mob action which resulted in the death of many Igbos. “And when Lt. Col. Yakubu Gowon, from the North took over as Head of State following the counter coup, the Igbo through Lt. Col. Ojukwu, characteristically refused to recognize Gowon. Ojukwu declared the secession of the Igbo people from Nigeria and the formation of the republic of Biafra on May 30, 1967 resulting in a civil war that led to the tragic deaths of more than 2 million Nigerians”. “Concerned by the fact that the Biafrans have confessed to arming themselves for a violent breakup, we feel that it is risky for the rest of the country particularly the North to go on pretending that it is safe for us to co habitate with the Igbos given how deeply they are entrenched in our societies .
“And since evidently the Igbo have not been sufficiently humbled by their self imposed bloody civil violence of 1966, we are strongly concerned that nothing short of granting their Biafran dream will suffice. “And since the Igbo have virtually infiltrated every nook and cranny of Northern Nigeria where they have been received with open arms as fellow compatriots, we strongly believe that the region is no longer safe and secure in the light of the unfolding threats and the fact that for a long time, the Igbo have gone to extra ordinary lengths to ensure that in their domain in the South East, Northerners and Westerners are as much as possible disenfranchised from owning any businesses whereas in Kano alone, they own not less than 100, 000 shops across all the business districts. “That since the younger generation of Nigerians makes up for more than 60 per cent of the nation’s population, it is our hope that they inherit this country in better shape so that they can build a much better future for themselves and their offsprings in an atmosphere that is devoid of anarchy, hate, suspicion and negativity that characterize the polarized, and clearly irreconcilable differences forced on us by the Biafran Igbos”. “As the Igbo agitations persist and assume threatening dimensions, we submit that there is need to ensure that they are given the opportunity to exercise the right to self-determination as entrenched under the aforementioned international statutes to which Nigeria is a signatory. “Aware that the right of self-determination in international law is the legal right for a “people” that allows them to attain a certain degree of autonomy from a sovereign state through a legitimate political process, we strongly demand for a referendum to take place in a politically sane atmosphere where all parties will have a democratic voice over their future and the future of the nation. “The Igbo from all over the country and in the Diaspora should be advised to converge in their region in the South-East for a plesbisite to be organized and conducted by the United Nations and other regional bodies for them to categorically to decide between remaining part of Nigeria or having their separate country. “That government should at the end of the plesbite implement whatever is agreed and resolved in order to finally put this matter to rest.
“Lastly, we pray His Excellency to study the references forwarded with this letter dispassionately and decide who is more in the wrong between those who openly pledge allegiance to a country other than Nigeria backing it up with persistent threats of war and those of us whose allegiance remains with the Nigerian state but simply urge that the secessionists be allowed to actualize their dream peacefully throw universally entrenched democratic options”.
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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