Business
Hon. Prince TAIWO AJIBADE OYEKAN: My ACCOUNT Of STEWARDSHIP 2017 To Date
*Hon. Prince TAIWO AJIBADE OYEKAN: My ACCOUNT Of STEWARDSHIP 2017 To Date*
The Deputy Leader Of Lagos Island Local Government Legislative Arm and Honourable Councillor Representin g Ward C1, Hon. Prince Taiwo Ajibade Oyekan has distinguished himself among his Contemporaries with Record-Breaking Achievements in Lagos and beyond.
The High-Ranking Council Legislator has executed People-centric, Community Development Projects and Social Intervention Programmes with Positive and Direct impacts on the Residents of Lagos Island Local Government and beyond; Particularly, the Elderly Citizens, Widows, Vulnerable, Physically Challenged Persons and Youths.
The Iconic Lagos Prince is a Philanthropist Par Excellence. A Friend of the Young and Old.
Prince Oyekan is an Advocate of Good Governance.
A Development Enthusiast cum Social Crusader.
HON. PRINCE TAIWO AJIBADE OYEKAN’s Action Plan spans through:
• Human Capital Development
• Economic Empowerment cum Poverty Alleviation
• Universal Basic And Tertiary Education Development
• Community Development Project And Social Intervention
• Training And Skill Acquisition Programme For Locals
• Youth Development cum Mentorship
• Public Health
• Peace Advocacy
HON. PRINCE TAIWO AJIBADE OYEKAN’s ACHIEVEMENTS IN BRIEF
Over the years, HON. PRINCE TAIWO AJIBADE OYEKAN has empowered Thousands of Vulnerable, Widows, Widowers, Artisans and Technicians with Equipment and disbursed Grants to Small and Medium Business Owners to promote Local Economy, Self-reliance and Prosperity for all.
Prince OYEKAN has Lifted and Rekindled Hope of Residents of Lagos Island Local Government and Its Neighbouring Communities.
In His Periodic Economic Empowerment cum Social Intervention Programme in 2019,
Work Tools, Cash Gifts and Free Food Items had been given to the Less-Privileged; People Living With Disabilities, Elderly Citizens, Widows and Widowers On Lagos Island Local Government.
Prince Oyekan reconstructed two Trunk C Road Networks on Lagos Island Local Government to ease Pedestrian Mobility within the Communities, Promote Local Economy, Environmental Sustainability and Aesthetics.
As part of his efforts to promote the Development of Universal Basic and Tertiary Education, Prince Oyekan organised Free Summer Coaching and Career Talks for over 1,500 Primary and Secondary School Students.
The Participating Students were trained in Skills Acquisition such as Computer-Digital Literacy, Tailoring and Fashion Designing, Catering and Baking, Cosmetology, Musicology, Soap and Disinfectants Productions.
He has also Presented Scholarships to Indigent Students and distributed Learning Materials worth millions of Naira across the Island.
In 2023, Prince Oyekan gifted Free 100 JAMB/UTME Forms to Students seeking admissions into Tertiary Institutions to lessen financial burdens on Parents and Guardians.
Transportation Fares were also given to Candidates.
Prince Oyekan places Priority on Formal and Informal Education.
To cushion the resultant effects of the Prevailing economic hardship and Fuel Subsidy Removal in the country, Prince Oyekan distributed Free Assorted Food Items to the Vulnerable on Lagos Island Local Government and its adjoining communities.
During Festive Seasons, He distributed Bags of Rice, Live Chickens and Cash Gifts across Lagos Island Local Government for Christmas and New Year Celebrations.
He also organized End of The Year Party for Children.
A Social Gathering designed to celebrate the Youngsters and Inspire them for the future.
The Physically-Challenged were not left out as they received Relief Items from Prince Oyekan annually.
HON. PRINCE TAIWO AJIBADE OYEKAN
Constructed Borehole Water Systems on Lagos Island Local Government to curb Water Supply shortage and meet daily usage of Residents.
He Organised Periodic Environmental Sanitation Exercise to ensure a Healthier and Habitable Community.
On Monday, January 1, 2024,
Prince Oyekan Presented Gift Items to New Year Day Babies and Nursing Mothers in Lagos Island Maternity Hospital, Lagos.
In one of his Medical Outreach Programmes,
A One-Day Seminar was organised for Residents of Lagos Island to create Awareness on Personal Hygiene and Community Health.
To promote Grassroot Sports Development and Talent Hunting, Prince Oyekan organised Football Match Competitions for the Youths across Lagos Island Local Government.
This is to further Provide a Veritable Platform for Young Footballers and Athletes.
The Frontline Council Legislator has Sponsored several Sporting Events.
In November 2023, Prince Oyekan Sponsored St Joseph’s Catholic Primary School Inter-House Sports Competition.
On Friday, 22 December 2023,
Prince Oyekan donated Utility Bus to a Lagos Community Security Outfit, The Isale Eko Community Anti-Crime Team (Folumo).
This is to further improve Security of Lives and Properties on Lagos Island Local Government and the Mainland.
On Thursday 18 January, 2024, Hon. Prince Taiwo Ajibade Oyekan organised Free Medical Outreach named JIGI Taiye on Lagos Island Local Government across Isale Eko, Olowogbowo and Oko Faji Communities.
Over 500 Beneficiaries Received Free Eye Glasses and Medications.
In his renewed effort to promote Sports and mobilise support for the Nigerian Super Eagles Football Team at the AFCON 2024 Final between Nigeria and Ivory Coast, Hon. Prince Taiwo Ajibade Oyekan Set Up Viewing Centre for Residents Of Lagos Island Local Government; across Isale-Eko, Olowogbowo and Oko Faji Communities.
Thousands of Residents joined him to watch the football match amidst excitement and commendations.
As part of his Social Welfare Schemes, Hon. Oyekan disbursed Ten Million Naira (N10,000,000) to uplift residents across Isale Eko, Olowogbowo and Oko Faji Communities amidst prevailing economic challenges in the country.
Two Hundred (200) Households received (N25,000) each. One Hundred (100) Widows were gifted N25,000 each while 100 Elderly Men got N25,000 each.
In addition, five Artisans were presented with industrial Sewing Machines while over 150 Residents received 5Kg Bags Of Rice.
On Sunday 7, Aril 2024, Hon. Oyekan once again Shared Free Food Items Door-To-Door across Isale-Eko, Olowogbowo and Oko Faji Communities to Provide Succour, ameliorate Hunger and Complement Government’s efforts amidst Economic Challenge.
According to him, the
community Food Items Distribution is a Social Welfare Scheme for Locals.The First of Its Kind in Lagos
Friday 19 April, 2024, Hon. Oyekan partnered with the Lagos State Fire and Rescue Service to organise Sensitization Exercise on Fire Prevention and Practical useful safety tips for Residents and Traders across the Island.
The Community Intervention Initiative became necessary following persistent Fire Incidents on Lagos Island Local Government Area, Particularly in Market Places and Homes.
This is to forestall future occurrence.
He urged Locals to shun practices that could cause fire outbreak.
Thursday, June 8, 2024, Hon. Taiwo Oyekan’s Non-Governmental Organisation, Kolawole Ajibade Oyekan Foundation Partnered with Amal Outreach To Provide Free Health Care Service For Hundreds Of Lagos Island Residents at the Iduntafa Community, Isale-Eko, Lagos.
He urged the Beneficiaries To Maintain A Healthy Lifestyle and Do Regular Checkup.
At the Social Intervention Programme, Community Leaders and Residents Commended Hon. Oyekan for his
Unmatched Intervention Initiatives.
Again, On Thursday June 13 2024, Hon. Taiwo Oyekan Gifted 10Kg Bags Of Rice To Constituents amidst Encomium from Community Leaders and Party Chieftains.
On Friday 5 and Saturday 6 July, 2024
Hon. Prince TAIWO AJIBADE OYEKAN Presented N5 Million Grant To Petty Traders, Each received N50,000 To Support their Businesses.
He also Donated Assorted Food Items and Cash Gift to Physically Challenged Persons On Lagos Island Local Government Area.
The Beneficiaries Testified that Hon. Oyekan Is The Best Honourable Councillor Ever Elected In Lagos State.
August 15, 2024, Hon. TAIWO OYEKAN gifted 25Kg Bags Of Assorted Food Items to Lagos Island Residents.
Party Chieftains and Stakeholders Reeled Out Council Deputy Leader’s SocioEconomic Interventions.
The Beneficiaries Across ISALE-EKO, OLOWOGBOWO And OKOO FAJI Communities Applauded Hon. OYEKAN
*Amidst Excitement, Hon. Prince TAIWO OYEKAN presented Scholarships to three most outstanding Students in the Third Edition of the Kolawole Ajibade Oyekan Foundation Annual Summer Coaching on Thursday 29 August, 2024 at the Holy Trinity Primary School, Ebute-Ero, Lagos, Nigeria.*
*One Hundred Thousand Naira (N100,000) each was gifted to the three students; Totaling Three Hundred Thousand Naira(N300,000) from the Junior and Secondary Categories.*
*Hon. Oyekan said he was poised to continually complement efforts of the Lagos State Government in Human Capital Development and Citizens’ welfare*
*He charged the Beneficiaries and other students to work harder and concentrate on their Studies.*
In one of his inspiring Speeches, the Deputy Leader of Lagos Island Local Government Legislative Arm reiterated his commitment to People-centric Programmes and Community-Social Intervention.
… About The People And Our Communities
…Determined To Do More For Betterment Of Humanity
© PTO Media & Strategy Centre
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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