Business

How Shina Peters Maltreated me, called me an armed robber over property – Brother reveals

Published

9 years ago

December 24, 2016

Not just a few believe that Shina Peters and his brother, Yomi, do not have a cordial relationship. And to buttress this, Yomi said that the last time he saw his brother, Shina, was about four years ago and they have spoken only once since then.

The juju singer relocated to America many years ago and when asked why he left the shores of Nigeria, he claimed it was his brother that called him an armed robber.

“I relocated to the United States because I had a clash with my brother over our father’s property and he called me an armed robber on the pages of newspaper. I was so mad and we fought. I took our fight to the radio and television to talk about it and he had to leave Nigeria because of that. The fight was very tough. I told him that he could only run to heaven, so I travelled to America to meet him and we started our fight again. At the end of the day, God took the glory. I made sure I let everyone know that my brother lied against me. That lie really affected me and when I got to American embassy, they asked me some questions about it. Luckily for me, instead of such news destroying me, it helped me and I was given multiple visa because they pitied me and they were glad that I fought to remove the stain on my name,” he said.

There were also speculations that their feud which has lasted for decades was caused by a woman. According to the gist in town then, Sir Shina Peters allegedly snatched his brother’s fiancée about ten years ago when he was still holding sway in the Nigerian entertainment space. It was alleged that wedding plans were already on the way when the Ace crooner started an amorous affair with his brother’s fiancée. When Yomi got wind of the relationship, he was said to have called off the wedding. It was also rumoured that the two brothers had been at loggerheads ever since.

Speaking on the issue, Yomi said nothing like that happened but he was quick to add that his brother maltreated him while he was playing in his band.

He said, “Women and money are very important but it would be good if you can ignore them and concentrate on your goals. There are a lot of things that have been said about me in the press, some are true while others are false, meanwhile, they did not hear from me because there were certain things I couldn’t tell the press. People could have heard or seen some things before they began to say that my brother snatched my fiancée but they did not hear such from me. To be honest, there was nothing like that between my brother and me.

“It is actually true that when I played at my brother’s band, he used to maltreat me, I cannot lie about that. It was real and I cannot lie about that. If someone comes to ask me if my brother has ever helped me in my life, I would say he has never offered me any help. It is what he has done for me that I would tell people. There was a time when our mother used to tell me to always tell people that my brother helped me and gave me money whenever I was asked. I did it for a while but it did not work for me because those that were supposed to help me already thought that my brother was helping me out. I don’t think my help is in the hands of my brother at this age. My brother has never helped me, I don’t know if he would change his mind and help out tomorrow. I don’t regret having a fight with my brother, I can never regret it because God has favoured me and He is fighting my battles. I really do not want to talk about him now, the time for that is still coming.”

Currently in the country, the younger Peters is ecstatic about the massive airplay his single, ‘Igbeyawo,’ is getting on the radio. He said it took him a year to complete his album which consists of nine tracks.

“It took me about a year to complete my album and it would be my eighth album. There were a lot of problems I faced while pushing the album out. When I wanted to shoot the video for one of my songs, two video directors that I paid absconded with my money. I really thank my company MJG in America for their support,” Peters said.

Business

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

Published

3 days ago

February 19, 2026

Sahara Weekly

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.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

Bank

Alpha Morgan to Host 19th Economic Review Webinar

Published

4 days ago

February 18, 2026

Sahara Weekly

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.

Business

GTBank Launches Quick Airtime Loan at 2.95%

Published

5 days ago

February 17, 2026

Sahara Weekly

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