Business
HALOGEN LAUNCHES NEW REGIONAL OFFICE IN OTA , OGUN STATE
The Managing Director/Chief Executive Officer of Halogen Security Company Limited, Mr. Wale Olaoye (third from left), flanked from left by Commander Peter Oridofa of the Traffic Compliance and Enforcement Corps in Ogun state; an official of the Federal Road Safety Commission, Mr. M.T Odunmbaku and Supritendent Idowu Adesola of the Nigeria Security and Civil Defence Corps, during the opening ceremony of the new Regional Office of Halogen Security at Otta, Ogun state recently.
Halogen Security Company Limited, the foremost integrated security solutions provider in Nigeria has opened its new state-of-the-art regional office in Ota, Ogun State, Nigeria.
According to the company, the opening of the new regional office located at Km 5 Idi – Iroko road Ota, is in line with the company’s constant drive to deliver outstanding customer service at every touch point. The new office will provide capacity for increased customer support and services and an opportunity to understand the security challenges and concerns that are prevalent in the Ota community.
Present at the commissioning were top security officials from the Nigerian Police, Federal Road Safety Corps (FRSC), Traffic Compliance and Enforcement Corps (TRACE), Nigerian Security and Civil Defence Corps (NSCDC). Also present at the event were Senior Management Staff of the Company, and several others.
Speaking at the event, the Executive Director Physical Security Solutions, Halogen Security – Mr. Bosun Sosanya said, “as a security solutions provider, it is important that we understand the inherent risk that exists within the community, and that we proffer products and solutions that will mitigate that risk, thereby providing our customers with real and psychological comfort’’. He added that, “our long term goal is to be able to respond to our customers distress call within 15 minutes irrespective of where in Nigeria they may be located. To achieve this goal, we must expand our reach and build more locations within the country”.
In his speech, the Managing Director/CEO, Halogen Security, Mr Wale Olaoye, said, “Halogen is focused on offering innovative security solutions that are customized and easy to use and the company has always benchmarked itself against global best practices which is the only way it can achieve its aim of being the industry leader in the West African sub region in the next few years, and a major player on the entire continent. Our team is excited about the growth we are experiencing and this move represents a commitment to continue to build on the success it has accomplished.”
Ota is located in Ogun State and has over 863,000 residents living in and around the town. The residents are mainly farmers and traders. Ota is located in close proximity to Lagos State and to the border town of Idiroko, spearing business activities which has resulted in its strong economic development. This, coupled with the presence of the Manufacturers Association of Nigeria, and the expanse of land it possesses, has led to Ota having the third largest concentration of industries in Nigeria.
The New Halogen Ota Regional office will cater and service all these industries in varying sectors. It will be a central point from where all services and products will be offered and deployed. The office, which also has a fully furnished Security Education Academy, has three offices, three classrooms, a training ground and a well equipped control room used to monitor and track lives and properties of customers.
Halogen Security Company Limited was incorporated in July 1992 and offers a wide range of solutions aimed at satisfying security needs across strategic market segments in various industries including oil and gas, facilities and real estate, critical national infrastructure, telecommunications, financial institutions, manufacturing and hospitality. The company also provide systems and technology support to government security agencies and offer cyber and forensic solutions.
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
-
celebrity radar - gossips6 months agoWhy Babangida’s Hilltop Home Became Nigeria’s Political “Mecca”
-
society6 months agoPower is a Loan, Not a Possession: The Sacred Duty of Planting People
-
society5 months agoReligion: Africa’s Oldest Weapon of Enslavement and the Forgotten Truth
-
news6 months agoTHE APPOINTMENT OF WASIU AYINDE BY THE FEDERAL GOVERNMENT AS AN AMBASSADOR SOUNDS EMBARRASSING
You must be logged in to post a comment Login