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GOODNEWS!!! SSS arrests top Boko Haram terrorist

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Nigeria’s secret police, the State Security Service on Wednesday said it arrested one Bello Danhajiya, who it described as an associate of Khalid Al-Barnawi, an alleged terrorist kingpin reportedly captured last week.

The SSS said Mr. Danhajiya was Mr. Al-Barnawi second-in-command.

Below is the full press release by the SSS.

DSS Arrests Albarnawi’s Deputy and Impersonators of Public Officers

You may recall that last week, this Service informed the public of the arrest of Khalid AL-BARNAWI, known for his leadership and notoriety in terrorism activities in Nigeria. Nigerians were also informed of his talent-spotting and recruitment of young people into the Ansaru/Boko Haram terrorist groups. With the arrest of AL-BARNAWI, the Department of State Services (DSS) has made an uncommon success in the decimation of these groups and their leadership. Similarly, the Service wish to inform that it has further arrested Bello DANHAJIYA, a close associate and presumed second in command to AL-BARNAWI.

  1. DANHAJIYA is a Fulani from Zamfara State and a strategic accomplice of AL-BARNAWI. Preliminary investigations have disclosed his involvement in gun-running, cattle rustling and other nefarious criminal activities principally on the directives of his commander, AL-BARNAWI. So far, efforts are being made to conclude the investigations and commence prosecution in line with the law.
  2. In another development, this Service, worried by the spate of impersonation of government officials and the increasing rate of defrauding of unsuspecting members of the public by some unscrupulous elements, launched detailed investigations aimed at checking the situation. The Service therefore wish to inform the public about the outcome of these successful operations which have led to the apprehension of the following suspects:
  3. Aminu ADO (aka Yusha’u Muhammed Yerima ADAM);
    ii. David Ali MICHIKA;
    iii. Umar HAMZA;
    iv. James Malu AKUNE; and
    v. Kazeem Kayode USMAN.
  4. Aminu ADO: ADO was arrested on 24th March, 2016 at Keffi Nasarawa State. He confessed to defrauding T.Y. DANJUMA (Lt. Gen/Rtd) of N1m in 2015 and wife of Akwa Ibom State Governor of three Hundred thousand Naira in collaboration with one Hajia AISHA (FNU), who impersonated the wife of former Gombe State Governor, Danjuma GOJE. In addition, he confessed to defrauding members of the public by claiming to be the Chief Security Officer (CSO) to the President. Further investigation revealed that ADO had the mobile phone numbers of all the Federal Executive Council (FEC) members, some State Governors, their wives and Aides as well as that of prominent Nigerians and Military/Police Officers.

 

  1. David Ali MICHIKA: Subject is a 43-year old from Jimeta, Adamawa State but resides at Ungogo LGA of Kano State. He once lived in Riyad, Saudi Arabia for ten years as an illegal immigrant until he was deported in 2008. He was arrested in Kano for impersonating the Secretary to the Government of The Federation (SGF). MICHIKA had called several high ranking Government officials soliciting for funds to settle spiritualists (Mallams) for prayers rendered for the success of the APC in the 2015 general election and for peace in the nation.
  2. Umar HAMZA: HAMZA is a 39-year old school teacher from Tarauni LGA of Kano State. He was recruited by MICHIKA to act as the spiritualist based in Niger Republic to be paid for the service rendered. He received calls from the victims while pretending to be the spiritualist.
  3. James Malu AKUNE: AKUNE is a 40-year old male from Tarka LGA of Benue State. He claims to be a contractor with business interests in China and USA. He paraded himself as the brother to the Minister of Niger Delta Affairs and defrauded people on false promises of contracts. He equally arranged to get contract for companies from the victim Support Committee for the North-East, headed by T.Y. DANJUMA. Before his arrest, AKUNE called Contractors and promised them appointment with the Minister of Niger Delta Affairs.
  4. Kazeem Kayode USMAN: USMAN was arrested in Lagos on April 12th, 2016. He has been on the trail of security agencies for the impersonation of Abba KYARI, Chief of Staff to the President.
  5. It is instructive to note that these suspects opened and operated bank accounts through which they collected various sums of money from their victims. A major revelation to this effect is the haste with which banks opened accounts for prospective customers without ascertaining their genuine personal details. Another noticeable trend is the spread of impersonators who adopt different illegal means to defraud their victims. The public is to take note of this trend and report such suspicion persons to appropriate security agencies.
  6. This Service wish to re-emphasize its commitment to the safety of all law abiding citizens and residents and will continue to decisively deal with those who have chosen to be on the wrong side of the law.

Garba ABDULLAHI
For: Tony OPUIYO
Department of State Services,
Abuja.
13th April, 2016.

 

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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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