Business
Federal Government wants to Kill my son – Nnamdi Kanu’s father raises alarm
•Takes case to United Nations
His Royal Highness, Isaac Okwu Kanu, is the traditional ruler of Afara Ukwu Ibeku in Umuahia North Local Government area of Abia State and father of the leader of Indigenous People of Biafra (IPOB), Nnamdi Kanu. In this interview with OKEY SAMPSON in his palace, the royal father spoke strongly against the recent move by the Federal Government to get his son re-arrested, warning that it would spell doom for the country. He also sent an SOS to the United Nations, alleging that the Federal Government planned to kill his son.
You may have heard about the move by the Federal Government to get your son, Nnamdi Kanu re-arrested, what’s your reaction?
Why will they want to re-arrest him? Did he kill anybody? Did he flout the constitution? Some people are saying that my son, flouted the bail condition given him by a Federal High Court in Abuja, but the question remains, what type of bail condition was that? Is it possible that a person of my son’s standing in the society could stay without meeting up to 10 persons in a day or week? So, the said bail condition was against his fundamental human rights. But that not withstanding, I know what we are passing through in my palace; trying to stop people from coming here, but there is a limit to which we can do that. Initially, the major gate to my palace had always been open, but since he came back, that gate has always been shut and we did that to stop people from gaining access to the compound. So, I don’t know what they are talking about.
The accusation against your son is that he has been visiting cities in the South East to address his supporters which is contrary to his bail condition. What do you have to say on this?
The court in the first place never restrained him from moving about. So, in the course of going to see one or two of his friends and those people would organise reception for him, I don’t think there is anything wrong with that to warrant his being crucified. The question I have been asking since I heard about this planned re-arrest is whether Nnamdi is running away from the country? There is no way he would do that. Any day they want him to appear in court, he will quietly do that.
I read the other day that the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami said the Federal Government did not arrest sponsors of quit notice to Igbo living in the northern part of the country because of the security implications. From what he said, it was not that the Arewa youths did not commit any offence, but the issue is that the Federal Government is afraid of what will come out of such arrests and allowed them to move freely. On the other hand, they are making move to get Nnmadi Kanu, who had done nothing re-arrested because they believe nothing would happen if they do that, but they may be making the greatest mistake. It is this treating people from a certain part of the country as being superior to others that is making the agitation for Biafra to gain momentum on a daily basis.
Are you entertaining fears that anything untoward might happen to your son if he is re-arrested?
Yes, of course, I’m a human being. When they talk of re-arresting him, it means they want to kill him, but God will not allow them because my son has done nothing wrong. I am using this opportunity to call on the United Nations to call the Nigerian government to order because they are planning to kill my son. My son did not do anything; government should go after those who have committed offence against Nigeria.
Another thing the Federal Government is having against your son is that he formed a security outfit known as Biafra Security Service (BSS). What’s your reaction?
There is nothing substantial about that. Even in the community, there is vigilante group and what Nnamdi has is not different from that. Even in the community’s vigilante group, the members at times carry arms provided by the people. In my son’s case, the few boys that guard him whom they call BSS do not even carry sticks not to talk of arms. So, if he has about two or three night guards to prevent people from assassinating him, I don’t think he should be crucified for that.
With the move by Federal Government to re-arrest your son, would you advise him to renounce the agitation?
There is no way I will advise him to forget the agitation for Biafra ,because I told him from day one that I fully support him, because what he is doing is for the good of his people. So, advising him to drop the agitation now because of the fear for his life would not be ideal. It is bad for one to be marked out for elimination because he said the truth.
Some people are of the opinion that re-arresting Nnamdi Kanu will cause more problem for the country, do you believe this?
Yes, re-arresting my son will definitely cause more problems for the country. Why would they re-arrest my son; to kill him? God and our people will not allow that to happen. They should realise that Nnamdi has a boy he has not set his eyes on since he was born and it was out of respect for the laws of the land that made him not to go to London to see that boy.
What’s your advice to Federal Government in this regard?
My advice to the Federal Government is that since we have freedom of speech in Nigeria, it will be counter-productive to incarcerate or kill him; he did nothing wrong.If he had offended the law, I will be at the forefront calling for his arrest, but since he has done nothing wrong, they should allow him to be.
Nobody wants Nnamdi Kanu dead – Police
Force Public Relations Officer, Moshood Jimoh, a Chief Superintendent of Police, has described Kanu’s father’s statement as a “wild allegation.”
He said it was very wrong of the old man or anyone to accuse the police or the Federal Government of a plan to kill his son without substantiating it with facts.
Jimoh said: “For what? There is nothing like that; the police don’t kill people. That was a wild allegation. Which police, where and how? Police don’t kill people, we protect lives and property.
“If there was any deployment of police in the South East, it is because of the upcoming Anambra State gubernatorial election in order to maintain law and order.
Our interest is to ensure that there is peace in the country and everybody goes about his or her businesses everywhere in the country.”
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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