Business
Hon. Saheed Ibile Warns against the crisis between Hausa and Yoruba in ile-ife
We are peeved with the media trial of the suspects of the recent communal clash in Ile- Ife because the media trial by Nigeria Police Force looks like height of affront and assault to the collective integrity and value of the Yoruba people.
In this vein, as the face of Ibile Peaceful Assembly. I am to awaken the spirit of our front- liners in Yoruba kingdom and also to warn the invaders to sheath their sword and desist from inimical activities that left Ife with heavy casualties in its wake.
All Nigerians need to condemn the communal or address the ugly ethnic clash that started on Tuesday evening on allegation that a Hausa man slapped a Yoruba woman said to be the wife of an uncultured Yoruba man acclaimed to be a leader of the Abuja branch of the Nigerian Union of Road Transport Workers (NURTW), for refusing him to keep his bag in her shop,
Life has no meaning! Mr. Ibile conclusion should not suck because every single Nigerian would soon rush to demand internal autonomy in peaceful revolution manner without the binds of governance decadence, religious or ethnics bullshit.
We won’t beat around the bush here: the provocative scenario fascinated by some bad elements operating creeks in Yoruba land will compel our people to chase them out of those creeks. If they fail to desist from the act of terror and kidnapping going on in some part of Yoruba land.
Ibile Policy has prepared a memo in form of a Bill for our members in State Assembly to sponsor a bill to checkmate ethnics boundaries in the Yoruba nation because the ugly incident everywhere has called for Ethnic Boundaries Bill as it is as essential to our people well-being as water, food, and air.
In whatever relationship, Yoruba people are too accommodating and failed to implement ethnic boundaries law, whereas boundaries are where some relationship end and where another relationship begins. Those who called for the government agencies to deal with this issue are anti-action, pro-introspection; because eventually, all this introspection eats away their very soul.
Why do we have traditional rulers? Where are the likes of Ooni Of Ife and Emir Sabo in Ife? They care-less because the field of the conflicts is not where they are to go home with contract or lobbies for their loyalists for rewards.
In what way can we respond to the media trial engage by Nigeria Police Force? We are not impressed by the explanation, arrest and dehumanizing of those who were paraded at the police can not just go on screen till a competent court in Osun State promulgate them guilty, meaning they are still innocent and they deserve dignity.
Some of those who decide not to see anything of thoughts, feelings, and behaviors of Yoruba people with the way they are dishonoring our royal fathers are vegetating fools. It is now left for us to re-affirm our people self-worth.
The government of today should understand that whenever matter like this arise where a visitor decides to ride on the host can surely force the host to retaliate in the deepest act of self-defense on an even grander scale, and that action would define the way the host relate to our visitors.
For the Yoruba nation, our lives have transformed in countless ways because of our practice in setting and honoring the people we host by allowing other ethnics to walk all over us as people. We never stood up for ourselves and our beliefs .
It is time to slash through the incessant deceit of leaders and their theatrical states of torment. I hereby call on all Yoruba youths to prioritize our safety to what other ethnics needed in our environment and stop acting chameleon, as we need to be bold beyond belief, fearless to challenge invaders but not in violence way because the smartest thing for the uncultured Yoruba man is to report the Hausa Man to the police.
it is cleared that some of those self acclaimed Yoruba leaders are passive nihilists with an embodiment of self-pity and self-regret.
I hereby advice all Yoruba people not to join those who have been calling for regional autonomy because they are still the set of people that sell us out for their foster interest and I pledge to lead the calls for internal autonomy.
If we do not set boundaries because of fear of what may be government take or other region are going to think and feel, we are fighting a losing battle.
It is apparent that registering our anger online is a sign of frustration which is clear indicator that the multi-ethnics boundaries are under “threats” despite being accommodate to Fulani herdsmen and Ijaw Boys to cross it freely in the spirit of Federalism .
We can not continue harboring a lot of anger and tend to step into rage easily (flipping people off in traffic, yelling bullet and pitch folks at our people, or worse!) this is an indication that Yoruba people have lost touch with our boundaries, Ibile Peaceful Assembly pray that this kind of police media trial will not push Yoruba nation set boundaries.
As the face of Ibile Peaceful Assembly, I am charging the active minds of the masses to the point where the need for peaceful action is desperately felt by all to see why our campaign of peaceful revolt as a metaphor for understanding ourselves in a way that serves the whole Nigeria as a federation.
I so hold and pledge that there is no stopping point, there is no looking back; only the rising possibility of internal autonomy lies ahead not regional autonomy.
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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