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DAYLIGHT ROBBERY AT FCMB LEKKI: NATIONAL ENQUIRER PUBLISHER’S EYE WITNESS ACCOUNT

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The publisher of National Enquirer Magazine, Mr. Tunde Moshood has detailed his own account of what transpired at the robbery incident which took place yesterday at FCMB Lekki Laagos. The incident left to dead four Policemen, a 14 years old fish hawker and many injuries were recorded. Here is a reproduction of the account.

I give God the glory for the rare privilege of being able to tell this story, it was indeed a one in a million kind of armed robbery operation-the much talked about robbery incident of today, Thursday, March 12th, 2015 at the Waterfront Plaza branch of the First City Monument Bank on Admiralty Way, Lekki, Lagos that left 4 policemen, an innocent 14years old fish-hawker dead and about 5 others injured from stray bullet wounds.

I have read stories of day light robbery incident but never thought it could be this weighty, for me and one of my staff that witnessed it live, it was a case of close shave with death. We thank God for making His GRACE sufficient for us on this fateful day. It was like one of those Nollywood’s unrealistic movies that normally takes off like a joke.

We still can’t come out of the shock that, the operation which was sadly successful was led by a woman, yes a woman, very agile and daring. We were on our way from the studio of Mattson Photography who we had agreed to work together on the next MissGlobalNigeria project. The celebrity photographer and I met through my friend, Barrister Festus Keyamo on Tuesday, March 10th, 2015 while we were having lunch on Awolowo Road, Ikoyi.

Shortly after we left Mattson’s Studio, we saw one of our colleagues, Ola Mohammed of Islanders Magazine, we had a brief chat and proceeded on our journey. In a minute or thereabout to the journey, we began to hear a reverberated sound of gun shots, though we never believed it could be gun shots anyway owing to the fact that, it was a broad day light.

The gun shots persisted and the long queue of vehicles further confused us on what could be happening, in a jiffy, a couple of thoughts came to mind: could they be political thugs trying to harass rival party or are these bad boys trying to abduct someone?

At a point, just in the spate of maybe 10 to 20 seconds, the journalistic instincts in me asked me to open the door; “who knows I could have access to some exclusives.” Alas! It was an eye ball to eye ball with a daring gun wielding lanky man on full mobile police uniform who had obviously taken possession of the area with his other gangs. That time, the deafening sound of the gun shots got me numbed leaving me to take a decision between saying my last prayers or scamper for safety.

In a flicker, I resorted to laying with my face down but I had a premonition he will pull the trigger and blast my skull, so I decided to take to crawling but very fast as if it were an ordered punishment. I fell into the ditch and did a few more crawl before I remembered the fate of the person in the car with me, Faith,  then I started to say prayers.

Miraculously, the GRACE covered her, she witnessed all the sporadic shootings, how the innocent 14years old girl was wasted whilst scampering for safety, the torrents of bullets that penetrated the police escorts vehicle and killed 4 of the 5 policemen inside and how the armed bandits eventually escaped via an expanse of land behind the bank with a speed boat.

We give God the glory. This is one time one regrets being a Nigerian, just while the innocent poor masses are praying for smooth transition of the tension-soaked political process, the thoughts of daylight safety is next on agenda. May the spirits of our forefathers deliver us.

Tunde Moshood is the editor of NationalEnquirer

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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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.

 

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Alpha Morgan to Host 19th Economic Review Webinar

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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.

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GTBank Launches Quick Airtime Loan at 2.95%

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GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

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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