Business
CAPITAL LUXURY GROUP UNVEILS CAPITAL LUXURY VILLA, SEALS BUSINESS DEAL AS SOLE MARKETER OF ODOGWU BITTERS IN A’IBOM, CROSS RIVER ( Video)
CAPITAL LUXURY GROUP UNVEILS CAPITAL LUXURY VILLA, SEALS BUSINESS DEAL AS SOLE MARKETER OF ODOGWU BITTERS IN A’IBOM, CROSS RIVER
Business tourism experienced a boost over the week when some top Nigerian entrepreneurs and celebrities Obi Cubana, Emoney, the ‘Prime Minister’ of Cubana group, Lucky Luciano, Ned Okonkwo the real estate mogul, the Capital Luxury Ambassador Ini Edo, Hilda Baci and others took a three-day getaway trip to the Capital Luxury Villa, hosted by the Ceo of Capital Luxury Group Edidiong UdoIdiong . Earlier in the day, the celebrities attended the inaugural dinner of Pastor Umo Eno, the Governor of Akwa Ibom State to felicitate with him.
They conducted a tour of the newly commissioned Maintenance, Repairs & Overhaul (MRO) facility at the Victor Attah International Airport. There, they expressed their admiration at the high quality of the facility and commended the state government for completing the ambitious project which will make the state an aviation powerhouse in the West Africa sub-region.
In his remark, “the CEO of Capital Luxury, stated that the facility is state of the art and would enable aviation business to thrive. “Apparently, it will encourage CAPITAL LUXURY AIR fly more clients conveniently into the state and at large”.
They also conducted a tour around the Capital Luxury Customer-Centric Facility and Bus Terminal located at no 18 Itam Street, the transportation arm of the company. In his remark, Obi Cubana hinted it is a one-stop shop for a broad spectrum of businesses across the country and would love to do more business with the Capital Luxury Group.
On hopping on Capital Luxury Transit Bus, E-money remarked that the buses are of high standards and have served as flight alternatives for his road trips over the years. He also reminisced back in the days when he use to take bus trips it was totally inconvenient but with Capital Luxury Transit it is totally convenient and he will choose Capital Luxury Transit always. They all commended Capital Luxury CEO and the Vice President, Mrs. Eme Edidiong UdoIdiong for a job Well done.
Meanwhile, Capital Luxury Group has signed a business deal with Cubana Group to become the sole distributor of Odogwu Bitters and other related products, in Nigeria’s South-South states of Akwa Ibom and Cross River respectively. The deal was signed at Capital Luxury Villa and puts the brand in a pole position to market the luxury drink to patrons and new consumers.
Capital Luxury Global Resources is a multifaceted and prestige company with a commitment to providing unlimited luxury products and services. As a global luxury group, the company deploys innovative and creative energy to bring luxury into all aspects and serve customers and clients better, delivering luxury in Automobiles, Hotels, Entertainment and Destination Tourism Transportation, Road Construction, and Real Estate.
A Luxurious feast was held at the Capital Luxury Villa where the guests were treated to the full complement of the villa experience, showcasing the traditional Akwa Ibom hospitality, culture, food(Afere Afang,EdikanIkong,Ekpang etc) music, and dances performed by cultural troupes amongst other activities with Nollywood celebrity and Ambassador of Capital Luxury Ini Edo, immediate past Commissioner for Tourism and immediate past Special Assistant to Immediate past Governor of Akwa Ibom State, Mr. Udom Emmanuel on Entrepreneurial Development, Mrs Meflyn Anwana, a cross-section of AKISAN members and Chef Hilda Baci among others in attendance.
Capital Luxury Villa was designed and built by Capital Luxury Homes for tourists who are seeking a high-end travel experience. The resort provides more privacy, space, and luxury amenities than traditional hotels, giving tourists the chance to enjoy a luxurious home-away-from-home experience with concierge services, daily housekeeping, private chefs, providing a personalized and comfortable travel experience, vacation home rental, including private tours, transportation, and other high-end services.
https://youtu.be/Sr55bwVjSpM
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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