Business
How 30-year old corps member was almost blindfolded by Husband
A 30-year-old corps member and housewife, Funmilayo (pseudonym) has been battered by her husband, identified only as Bade, who also allegedly poked his finger into her eye during a disagreement at their home in the Surulere area of Lagos State.
Bade was also alleged to have stabbed her in the face with a broken glass and rained blows into her head and face.
She was rushed to a health centre in the area before being taken to the Lagos State University Teaching Hospital, Ikeja.
Policemen from the Surulere division were said to have arrested and detained Bade, after which he was released on bail.
PUNCH Metro learnt that the drama happened last Monday at the couple’s residence in the Kilo area of Surulere.
Funmilayo, an Insurance graduate, said she had followed her husband to his parent’s house on the day, and they had returned around 8pm.
She said, “Immediately we got home, he said he wanted to go for a meeting somewhere and I told him to return as early as possible before they shut the street gate at 10pm.
“When it was 11pm, I called him, but he didn’t pick his calls. He also did not respond to a Whatsapp message I sent around that time. He later picked his call and I warned him that if he returned too late I would not rise up from bed to open the gate for him.
“Around 1am, I called his telephone line again and I heard a noise at the background. I overheard a lady talking. I told him I was going for my NYSC Community Development Service early in the morning, but he ignored me.”
Funmilayo, who already had two children for Bade, said she returned to bed, but her husband did not return until it was 2am.
“At about 2am, he called me on the telephone and said I should come and open the gate, but I ignored him. When I eventually went downstairs to open the gate, somebody else had done it.
“He abused my mother and I cautioned him, but he said it was my day of reckoning and my cup of iniquity was full. I was in my night gown that time.
“He picked up his belt and started beating me. As I tried to run away from him, I fell down. During the struggle, a mirror fell on the floor and he stabbed me with a splinter. He sat on me. I screamed in pain and shouted for help, but nobody came to my rescue.
“He poked a finger into my eye and gave me several blows in the face,” she said.
Funmilayo explained that she managed to bite Bade’s leg, adding that it was then he let go of her.
She said an in-law rushed her to a medical facility in the area before she was later taken to LASUTH for treatment.
The case was said to have been reported at the Surulere Police Station, leading to the arrest of the suspect.
However, PUNCH Metro gathered that after the detention of the suspect, some family members prevailed on the victim to let go of the case “because of the children.”
The couple were, however, said to have separated pending when the matter would be fully resolved.
When contacted, Bade denied attacking his wife, adding that she was the first to assault him.
“All she said was a lie. It was my hand that I used to beat her and she was the one that used a plank to hit me in the back and even stabbed me with the broken mirror.
“I have a deep cut in my back and in the front. I slapped her.
“She got a swollen face because she is plump,” he said.
The Police Public Relations Officer, SP Dolapo Badmos, said the police were preparing to take Bade to court when his wife came to withdraw the case.
She said, “A case of assault occasioning harm was reported against the man.
“He was arrested, detained and given bail to a reliable surety and warned to report back the next day during which the charges were ready.
“But the wife (victim) came back and was pleading, along with both families, not to take the case to court on the grounds that he is her husband and the father of her children.
“However, undertaking was written by the husband to be of good behaviour. The case is still on.”
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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