Business
How i rose to become a stakeholder in the Media, entertainment industry – CMC Boss, Cornel Udofia
Popular Media consultant and CMC Boss, Ambassador Cornel Udofia has rose to become a force to reckon with. He has impacted the lives of many Artistes, actors, actresses and many more. Hardly will anyone in the industry claim no to know him.
However, the Journey of a thousand miles starts in a day, Cornel Udofia revealed how he started, those he has worked with in this interview
EXCERPTS:
What is the vision behind Cornel Media Consult (CMC)?
The vision behind CMC is for us to empower the young youths who have distinguished themselves in their chosen career. We have the youth from music, comedy, fashion, media, dancing, photography, and of course business endeavors. That is the idea behind CMC.
How did you receive the title of an ambassador?
The title of ambassador came as a result of my consistency, my dedication and of course my persistence. I’m always making sure that I render selfless service to both humanity and Nigeria. In 2009, when I got the letter from United Nations people in Abuja, they said due to my consistency in media and entertainment that I have been chosen along the likes of Mr. Kenny Ogungbe, Muma Gee of Nollywood, Tuface Idibia, Sammy Oposo. They said they wanted to honour me because I am a very consistent person in promoting talents through CMC platform and of course the brand. That was how the title of ambassador came in 2009.
How did you get into media and entertainment industry?
Before I answer that question I want to quickly give an advice on talents. Whatever I’m going to tell you, I will tell you with my experience and knowledge in life. Before you become a master in life, you have to serve. You must be ready to compromise. I became who I am today because I believe so much in my life and of course I believe so much in God. Without God you can never be anybody. The media industry, where I am a stakeholder and entertainment industry where I am a gladiator make me who I am. In 2005, when I started my career I was consulting for the likes of Dr. Seye Kehinde of City People as a media consultant, the likes of Mr. Kunle Bakare of Encomium Magazine, the likes of High Chief Dele Momodu. Along the line I just discovered that my passion lies in giving back to the society through selfless service. What I’m doing right now is what I had actually wanted to be. I believe that whatever you sow is what you reap. I don’t believe that I must have billions before I can count myself as a success. The people I have impacted on from the likes of Ini Edo in 2005/2006, from the likes of Jim Iyke, from the likes of Muma Gee, Tonto Dike, Oge Okoye, Yomi Fash Lanso, Edris Abdulkarim and so many people have passed through the CMC. I look at myself as a wealthy man because I have actually impacted on their lives.
Who can you look up to in the industry as your role model?
I have three role models in the industry. I have on TV, Newspaper and Magazine. My role model on TV is Senator Ben Bruce, on the newspaper I look at Nduka Obaigbena as my role model; he has been able to take Thisday newspaper from nothing to something. He has also set up Arise TV that is doing very fine. My third role model happens to be Chief Olusegun Obasanjo. He has sacrificed for this country. He is a man that God has the special love for. He is a man that loves every tribe, whether you are Yoruba, Ibo or Hausa. He is a man that loves his own people. That is why God is keeping him alive. At about 80, the man is still waxing stronger. He is a man we should emulate. One of my clients actually did a video that feature Baba. Obasanjo has been able to unite Nigeria and Africa.
What is your antecedent that really prepared you for this venture?
When I was in Government College, Calabar, from there I went to Oko Polytechnic. The people that I saw that were doing very well are the likes of One Week, who happens to be one of the pioneer of the music, comedy and entertainment industry. Those are the people we were looking up to. We were also looking at the likes of Dauda and Dalian that works with MITV. I look at these people and I said I want to make a mark in my own generation. I am a success story today because God is on my side. I have done so many interviews on DSTV, Channels, on Prestige International Magazine and Prestige Online, City People, TVC, and so many media. That is God working. We have received over 75 local and international awards since 2005.
What does it take to be a successful publicist?
Number one put God first. Number two, be well informed. Be at the right place at the right time. Move with people you can learn from. Our CMC award last year was a success because we have been able to garner goodwill from people. Notable Nigerians were honoured at the event.
What are the key things you look at in CMC awards?
The vision of the award is integrity, consistency and entertainment. Integrity is keeping your words. We promised that if God bless us we are going to use our resources to empower the youths and we have been doing that for the past seven years from our own pocket. We have empowered over 7000 youths from every sector. You can check that out. Consistency, we have been there since 2006.
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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