Business
GLOWFUX 2017 set to holdwith POMP and FANFARE
Preparations are in top gear to host the second edition of the annual end of the year charity event, GLOWFUX “Giving Love With Fun 4 Xmas”.
This time around the organizers of the charity concert, Fanafillit Integrated Concepts are set to step up the creativity of the project with varieties of activities which has been lined up as part of the Christmas day event.
To start with, this year edition is enjoying the collaborative effort of Punchvibe Entertainment (an Ikorodu-based Music and Media production company) who are coming on board as Technical partners with their hi-tech digital studio production, multimedia coverage and online promotions. According to the Mr.Adeyemi Oladapo, the GM of Punchvibe Entertainment, this new ingestion would go a long way in adding more colour and class to the perception and creative management of this year edition a classy.
GLOWFUX2017 is billed to hold on Christmas Day at Origin Garden & Zoo, Prince Abiola Kosoko Close, Ebutte Ikorodu Lagos
The project which is about hosting the general public and members of the orphanages within the division to a day entertainment concert is billed to kick-start by 1pm with a special rendition of a specially composed and produced Christmas Carol by notable entertainment faces. Confirmed as part of this year edition are entertainment/showbiz personalities of Ikorodu division extraction such as Doyin Kukoyi, Fatai Akanbi Valentine, Arewa, MC TalkTalk, Tee Q Bello, Queen Yetunde Savage, DJ Hadex (Star FM), Antras, Da’Fresh Olorin, Dharnnih Ellar (rap goddess), Richy Manny, DPG, Flexible Twists, FKM, Emperor, Meyrah and many others.
After the special Christmas carol rendition, some of the entertainment personalities like the Music, Dance and comedy acts would thrill the audience with various individual performances.
Also, sharing of gifts in the spirit of love, foods and drinks, group photographs, presentation of relief/support items to the orphanage present are amongst other activities lined up for the day.
Stressing further on the importance of sharing gifts with others at the event, the organizersstated in the press release that “our target for this year edition is to host not less than 250 people consisting of well-meaning individuals with their families and members of numerous orphanages around us to a refreshing concert where they will have their fun through dancing to good music,laughing to healthy rib-cracking jokes, get refreshed with well packaged meal and above all, sharing a token of love with the less privileged.”
The organizers call on the general public to be part of the project by attending the event with gift items and relief materials such as clothing, beverages, food items and any other forms of support for the orphanages.
GLOWFUX 2017 is enjoying the support and identification of Shodex Gardens, iCare Foundation, Quincy Herbals (Nigeria), Dothan Private Schools, Embrace International Assembly, Eroz Place,Citi Prints, Will & Grace Int’l Schools,Corsican Brothers,Dope TV, OPREM studios, The Impact Newspaper, Ikorodu Oga Tv, GberaTv,WavesGist Zone/Waves Magazine, Encomium, YesInternational Magazine, Shelter of Grace Foundation, Carion Graphics and BEETH Events.
Also, talk is ongoing with some LCDAs within Ikorodu division on how to plug the project into the various social programmes theyhave lined up for end of the year.
Admission to the event is FREE but strictly by invitation. To get your invite or GLOWFUX 2017 tee-shirt, you can contact 0816355005908139335141, 07032312815
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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