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‘Governor Fayose is responsible for the serial media attacks on Pastor Adeboye’ – APC alleges
The All Progressives Congress (APC) in Ekiti State has said the serial media attacks on Pastor Enoch Adeboye was the handiwork of Governor Ayodele Fayose, saying blaming the attack on APC was attempt to set Nigerians, particularly Christians of the Redeemed Christian Church of God, against the party and its leaders. The party had a few days ago refuted a media report linking it with a report castigating Adeboye for praising Fayose during the visit by the man of God to the state.
Few days later, another press statement by a faceless group but ascribed to Hakeem Jamiu, who is an aide of the Minister of Mines and Steel Development, Dr Kayode Fayemi, also railed against the religious leader, calling him a money-monger working for Fayose after collecting cash. But APC scoffed at the “fraud”, saying such malicious report purportedly by APC followed the same pattern of alleged Fayose’s subterfuge to “criminally” set the public against the party for undeserved public sympathy. Publicity Secretary, Taiwo Olatunbosun, said in a statement in Ado-Ekiti that the serial media attacks on Pastor Adeboye were orchestrated “by a criminal gang working for Fayose to always set communities against communities, individuals against individuals, and individuals against institutions”. The statement alleged that Fayose’s media aides led by Lere Olayinka had issued two damaging press releases against Adeboye but ascribed them to APC in a “criminal conspiracy to paint the party in bad light to incur the wrath of Redeemed Church members and general public”. He said: “We want to make it plain with all sense of responsibility that APC is not the author of the two press statements as we have utmost respect for men in God, Pastor Enoch Adeboye in particular. “The two press statements bear the footprint of Fayose in his characteristic manner to push fictitious and damaging press releases in the media against individuals and institutions and ascribe them to his opponents to incur public opprobrium. “Nigerians should remember that this same Fayose criminally printed posters in Chief Afe Babalola’s name in 2005 purporting that the innocent elderstatesman wanted to contest election against him, hence the incessant criticisms of his government by the innocent Senior Advocate of Nigeria. “He did the same to Fayemi’s wife with a press statement that the innocent woman called Ekiti people ingrate and hungry people, the same way his media crooks cooked different anonymous groups in the name of APC and used their names to lie and abuse APC leaders in order to tear the party apart and in fact the same these crooks wrote on my behalf in the media that I accused Mrs Aisha Buhari of complicity in the Harliburton scandal and that I asked her to defend herself.” Explaining that the latest press statement alleging that APC described Pastor Adeboye as a money-monger is one in the series of evil plots by Fayose to set Nigerians against the party, Olatunbosun said: Pastor E.A. Adeboye, General Overseer, Redeemed Christian Church of God and Pastor (Mrs) Folu Adeboye at the RCCG 2016 Holy Ghost Congress. Photos: Lamidi Bamidele. “The lid of this media conspiracy has been blown open by their latest press release condemning Pastor Adeboye as a money monger. “They posted the press release to media houses in the name of one Oluwole Ogunlola with the email address [email protected], an email address that belongs to Ekiti State Government. “Besides, there is no member in the APC media team called Oluwole Ogunlola; in fact all APC press releases are signed by Taiwo Olatunbosun and sent to the media through his email address. “The last two press releases against Adeboye, which they alleged were written by the State Chairman of APC, Jide Awe; and Fayemi’s Senior Special Assistant on Research and Documentation, Hakeem Jamiu, were neither sent to the media through Olatunbosun’s email and nor signed by him. “Their latest attempt to paint APC leaders, such as Awe and Fayemi, in bad light in the eyes of Pastor Adeboye, fell flat on their face when reputable media houses refused to use the story because it did not originate from Taiwo Olatunbosun’s email address neither was the story signed by him as is the practice in APC’s communications to media houses. “We agree that Fayose and his media aides are a perfect match in integrity deficiency, the experience of Ekiti people and indeed Nigerians in Fayose and his aides’ hands is a direct consequence of placing the serious business of running the administration of a state in the hands of irresponsible people. “We appreciate the Nigerian media for their display of professionalism and pursuit of truth as enshrined in the media code and practice by refusing to publish Fayose’s malicious and dangerous press release capable of causing social discontent in the Nigerian society. “We believe that Pastor Adeboye worships and serves true God and it is on the strength of this that we invoke Psalm 52 on the writers on those press releases attributed to APC for devising mischief, doing evil, lying and working deceitfully against the righteous. “We believe that Pastor Adeboye has an anointed tongue and so we say that may the curses from Pastor Adeboye’s mouth and wrath of the Great Lord he serves be upon the writers of those damaging press releases against him.” He added that Fayose’s latest veiled attack on Pastor Adeboye had confirmed his serial disdain for the men of God after he recently insulted a renown Muslim cleric, Sheik Muyideen Bello, when he angrily snatched a microphone from him at a public function in a mosque in Ado-Ekiti for telling him the truth.
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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