Business
‘Harrysong Wasn’t arrested’ + How Kcee begged Harrysong to help revive his dead career- Manager reveals
Yesterday, there was report making rounds that Harrysong has been arrested in connection with breach of Contract of his record deal with Ex-Label, Five Star Music.
The Record label released a statement this morning alleging that the Talented Musician approached and begged them for a record deal after breach a contract with his former label, Question Mark.
I response to this, Harrysong’s Manager, Desmond Ike Chima has released an official statement on their take about the issue.
READ BELOW:
Kcee is Confused…we understand – Desmond Ike Chima
A famous saying goes this way, ‘a confused man is much more an angry and frustrated man. To be honest, going by my newest resolve to not for any reason celebrate mediocrity, laziness and talentless people, I would have chosen to be quiet and pretend as if nothing happened yesterday, January 27, 2017, but giving my role as a journalist as well as a high ranking member of Nigeria’s most talked about music company, Alterplate, I have been ‘arm twisted’ sort of to write this statement and to formerly address the concerns of our friends, well wishers, family and fans who are currently savoring our newest sound, Samankwe.
It was 8 am and Policemen acting on the instruction of the Assistant Inspector General of Police in Onikan, stormed our hotel room to invite Harrysong over for questioning.
As a law abiding citizen with nothing to fear, we got dressed up and set out for the AIGs office and on getting there we were greeted by the presence of a haggard looking young man in cheap pair of suit, identified as Five Star Music lawyer.
His awfully shallow reasoning became so evident when he was called up to defend the petition he prepared on behalf of his client (Five Star Music). He suffered a hard time convincing the AIG and his men, including a visiting Commissioner, why the charges against Harrysong were criminal rather than civil.
Even before any member of our camp could voice a word, the visiting commissioner ( from the way he sounded, a very learned and experienced officer) frowned at the concocted charges and recommended that they dropped the petition and rather file a suit in a civil court instead of bringing the Police into the picture.
In view of the lies peddled on some social media platforms, I wish to state here clearly that, 1) Harrysong was never whisked away by some mobile police officers to an unknown location; 2) It wasn’t an arrest but an invitation by the AIG, a high ranking police officer, which he honoured. 3) A supposed breach of contract as captured in their petition is a civil and not a criminal case.
On the other hand, as against the kangaroo statement released by Five Star music earlier today, I wish to also state that Harrysong did not at any time approach anyone or company to sign him; it was rather the other way round.
Kcee approached Harrysong on bended knees to help salvage his dying career after he fell out with his then partner. As much as Harrysong loved to help him out in that time of need, it is worthy of note that, 1. He (Kcee) was talentless and knows next to nothing about music.
- Harrysong had a running contract with Questionmark Records, but out of desperation, Kcee and his Five Star Music were prepared to pay off Kelvin Luciano in their quest to have him (Harrysong) at all cost. It would be recalled that Harrysong succeeded in recreating Kcee’s sound, wrote and co-produced his first meaningful single, ‘Had it been I know’, followed by ‘Okpekete’, ‘Limpopo’, ‘Pull Over’ and other songs that defined the Kcee that everyone now knows and celebrates today, all pro bono.
For what it’s worth, Harrysong’s dealing with Five Star Music was with the clause that he would be left to pursue his career whenever he deemed it fit.
As the case may be, we are not surprised at the turn out of things and why Kcee-led Five Star Music has chosen the way of reproach rather than that of honour. The earlier they wake up to the reality that Harrysong had long dumped them in a trash bin and moved on, the better for them, ‘cos’ I can tell you for free, he is not coming back. And to our fans and the general public, I wish to apologize on their behalf and to leave you with these words, ‘Kcee is confused and as such frustrated and we can understand’.
For the records, Alterplate has come to stay and you are free to do business with Harrysong and Alterplate Management, we are indeed the real deal.
-DESMOND IKE-CHIMA
For Harrysong
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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