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How Shell Destroyed The Livelihood Delta Community Residents With Toxic Spills- ERA/FoEN

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How Shell Destroyed The Livelihood Delta Community Residents With Toxic Spills- ERA/FoEN

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The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has raised an alarm over another incident of toxic spills from Shell’s facilities in the Odimodi Community in Delta State, causing the death of hundreds of fish along the creek.

Odimodi community originated from Amatu in present-day Bayelsa State and it is the headquarters of Iduwini Kingdom in Burutu Local Government Area of Delta State. The community has an estimated population of 15,000 people.

 

 

 

 

 

ERA/FoEN in its field report available on its website stated that “On Sunday, August 21, 2022, ERA/FoEN received a distress call from the community reporting spill of waste petroleum products that spewed from Shell’s waste disposal pipeline that carries products from the Focardos Shell’s terminal down to the high sea.”

Communities around the Iduwini Kingdom including Odimodi are host communities to Shell, Agip, and other companies. It is also part of the Forcados terminal, trans Ramos pipeline, SPDC export line, loading platform, and Agip Beniboye cooked wells.

 

 

 

 

 

 

 

 

Dere Podoki, Community PRO, said “Last week Wednesday, August 17, 2022, we received a telephone call from the motorcyclists in the community that the valve on Shell’s wastewater disposal pipeline was faulty and spilling toxic chemicals into the creek.

According to him, the community confirmed the information to be correct when they rushed to the site. The incident allegedly occurred on August 19, 2022, and the community has made some swift moves by reporting to Shell, owners of the facility, and National Oil Spill Detection and Response Agency (NOSDRA), the regulator.

 

 

 

 

 

Both bodies were yet to respond to the letters from the community as at the time the field investigation was made by ERA/FoEN, the environment group noted.

The ERA/FoEN report notes that the spill site is not so close to where people are residing the creek served as one of the fishing sites for most of the community folks and it also served as a source of water for domestic use for some homes. Apart from dead fishes seen floating, oil sheen was also seen visibly floating on the surface of the water. The affected areas are producing an offensive odour which is one of the reasons why the fishes in the creek are dying.

 

 

 

 

 

 

 

Fred Obi, a retired police officer and an owner of a fish camp in Odimodi Community, said “When I retired in 2017, I came into fish farming, and I established fish ponds on the shore and off the shore but when the 2018 pollution came all the fish I had all died and none was left. At a time I relied on the life mangrove fish ponds that became unproductive as a result of the spill. All the fish I imported and stocked died because of the pollution.

“At the moment the 2018 spill is still visible in the creek (the mound under the river is soaked in crude). Before the spill, I can easily catch a lot of Bonga fish and the small fishes I also used as fish feeds have all gone. My major demand is that Shell should restore the environment and compensate me for the loss because their spill swept away my retirement benefit.”

 

 

 

 

 

 

 

Alagoa Morris, one of the authors of the ERA/FoEN report stated that “Shell must as a matter of urgency return to the community to conduct the post-impact assessment and put machinery, please to clean up all affected areas in the community by the crude spillage of 2018 and the present pollution from the wastewater disposal pipeline.”

Odimodi community has become a polluted colony with unaddressed crude oil spillage of 2018 and the August 19, 2022 wastewater spillage.

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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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.

 

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Alpha Morgan to Host 19th Economic Review Webinar

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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.

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GTBank Launches Quick Airtime Loan at 2.95%

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GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

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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