Connect with us

Business

Feet ‘n’ Tricks Redeems Pledges Worth Over N20m, Handover Saloon Car, Ticket, Prize Money

Published

on

Presentation of Prize 1: l-r: Overall Winner, Nigeria Freestyle Football Championship, Mr McCarthy Obanor, beside the Saloon Car donated by GAC Motors to 1st Prize Winner ; Chairman of Feet ‘n’ Tricks Limited, Valentine Ozigbo; Senior Sales Manager, CIG Motors Limited, distributor of GAC brands of vehicles in Nigeria, Mr. Phillip Eboka; National Coordinator, Federal Engagement and Enlightenment Tax Teams, Federal Inland Revenue Services(FIRS), Alhaji Kunle Oseni; CEO, Feet ‘n’ Tricks Limited, Mr O’Dyke Nzewi, at the presentation ceremony of prizes to winners of the Nigeria Freestyle Football Championship organised by Feet ‘n’ Tricks Limited , in Lagos on Monday

 

Feet ‘n’ Tricks International Limited, organizer of the just concluded Nigeria National Freestyle Championship, in conjunction with its major sponsor, GAC Motors, Federal Inland Revenue Services (FIRS) and VFD Group, have fulfilled their pledge as a brand new saloon car was handed to the 1st Prize Winner in the male category of the competition, McCarthy Obanor

The saloon car, travel ticket and other prizes, won during the very successful competition held last weekend at the Ikeja City Mall, were handed over to winners at an impressive ceremony held at the GAC Motor Office in Victoria Island Lagos and witnessed by other major sponsors of the event.

The winners apart from Mr. McCarthy Obanor, who will represent Nigeria at the World Super Ball Championships in Prague, Czech Republic, include  Mayowa Bababunmi, a medical doctor, who placed second, winning N750,000.  Others are 2nd runner up, Austine Abariode who went home with N500,000.00 and 3rd runner up, Ifeanyi Nwabeke, who received N250,000.00 for his freestyle football skills.

In the female category, Rasheedat Ajibade, the captain of Nigeria’s Under 17 Women National Team clinched the title, winning the sum of N1m. Ajibade, a professional footballer, defeated Chidinma Okeke, her teammate in the national team in the final. Okeke collected N750,000 for her second place effort. Nduibisi Esther and Unamba Augustina were 2nd and 3rd place winners, receiving N500,000 and N250,000 respectively.

Speaking at the event, Chairman of Feet ‘n’ Tricks Limited, Valentine Ozigbo, appreciated the sponsors – GAC Motors, FIRS, Five Star Music, VFD Group, Wakanow, Wine and Things, Scavi & Ray, Pinnacle Communications and media groups including Hip TV, Cool FM Group, DBN and Channels for their support. 

He noted that the organisers would not have achieved this much in its first year without the belief the sponsors had in his company. “It is going to be bigger and better next year, we are going to be working with all that were part of this year’s and we promise a bigger and better tournament next year,” he concluded.

The Chairwoman of Choice International and representative of GAC Motors in Africa, Chief Diana Chan, said GAC Motors collaborated  with Feet ‘n’ Tricks to give better future and sustainable leaving to talented young men and women in Nigeria.

While promising the commitment of her company to future editions of the competition, she said, “Our mission in Nigeria is to offer the next credible alternatives to users of vehicles in Nigeria through our sincere commitment to offering high quality products and services to our customers, and in doing this to support the creative arts and sports and talented young Nigerians in order to bring out the best in them.”

Alhaji Kunle Oseni, National Coordinator for Tax Enlightenment, FIRS,  representing the Chairman of the agency said “FIRS is identifying with Feet ‘n’ Tricks as part of our corporate social responsibility given the very positive impacts professionalizing freestyle football would have for our young ones on the street, and then to enlighten our people more on tax matters.

Speaking on behalf of the winners, Mr. McCarthy Obanor, who will be sponsored to the world championship, thanked the organiser for giving freestyle footballers hope of bright future by committing huge resources to organising the competition despite the economic situations in the country. He promised to make Nigeria proud by winning the global event.

“For once , Free n Tricks have helped me in convincing my mother that there is future in freestyle football. Courtesy of the organisers with the support of the sponsors, I am not only a owner of a brand new car, a million naira, but most importantly, I will carrying my country’s flag in an international competition, what I have long for in my  seven years of freestyling,” Obanor said

Cynosure of all eyes was on Mayowa Bababunmi, a medical doctor who placed second. Asked how he developed his talents despite his tight medical profession practice, he said Freestyle has become a passion and relaxation tool for him. “with my involvement, I believe I have encouraged other professionals to live their passion,”, Mayowa said

Presentation of Prize 5: l-r: CEO, Feet ‘n’ Tricks Limited, Mr O’Dyke Nzewi ; Chairman of Feet ‘n’ Tricks Limited, Valentine Ozigbo ; Senior Sales Manager, CIG Motors Limited, distributor of GAC brands of vehicles in Nigeria, Mr. Phillip Eboka; Winner, Women Category, Nigeria Freestyle Football Championship, Miss Rasheedat Ajibade; Overall Winner, Nigeria National Freestyle Championship, Mr McCarthy Obanor; National Coordinator, Federal Engagement and Enlightenment Tax Teams, Federal Inland Revenue Services(FIRS), Alhaji Kunle Oseni; and Business Development Manager, VFD Microfinance Bank, Adaobi Ekweanya at the presentation ceremony of GAC Saloon Car and other prizes to winners of the Nigeria Freestyle Football Championship organised by Feet ‘n’ Tricks Limited , in Lagos on Monday

Presentation of Prize 5: l-r: CEO, Feet ‘n’ Tricks Limited, Mr O’Dyke Nzewi ; Chairman of Feet ‘n’ Tricks Limited, Valentine Ozigbo ; Senior Sales Manager, CIG Motors Limited, distributor of GAC brands of vehicles in Nigeria, Mr. Phillip Eboka; Winner, Women Category, Nigeria Freestyle Football Championship, Miss Rasheedat Ajibade; Overall Winner, Nigeria National Freestyle Championship, Mr McCarthy Obanor; National Coordinator, Federal Engagement and Enlightenment Tax Teams, Federal Inland Revenue Services(FIRS), Alhaji Kunle Oseni; and Business Development Manager, VFD Microfinance Bank, Adaobi Ekweanya at the presentation ceremony of GAC Saloon Car and other prizes to winners of the Nigeria Freestyle Football Championship organised by Feet ‘n’ Tricks Limited , in Lagos on Monday

Business

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

Published

on

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

Continue Reading

Bank

Alpha Morgan to Host 19th Economic Review Webinar

Published

on

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.

Continue Reading

Business

GTBank Launches Quick Airtime Loan at 2.95%

Published

on

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

Continue Reading

Cover Of The Week

Trending