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How we killed master-minder of Rivers state New year murder – Army reveals
The Nigerian Army has provided details of how the alleged mastermind of the New Year day tragedy in Rivers was killed.
PREMIUM TIMES reported how Prince Igwedibia, popularly known as Don Wani or Don Waney, was shot dead on Saturday evening. He was killed in a joint operation by the State Security Service and the army.
In a statement on Sunday, an army spokesperson, Aminu Iliyasu, said the suspect relocated to Enugu State after the New Year murder of 23 people returning from a church in Omoku, Rivers State.
Mr. Iliyasu, a colonel, said the suspect was already planning another attack on Omoku even while in Enugu.
He was shot and killed in Enugu while trying to evade arrest, the army said.
Read the army’s full statement below.
The authorities of 6 Division Nigerian Army Port Harcourt wish to inform the peace loving people of Omoku in ONELGA in particular, Rivers State and indeed the entire good people of Niger Delta in general that the notorious cult leader, kidnap kingpin and mass murderer Don Waney is dead.
Recall that in the early hours of Monday 20th November 2017, troops of 6 Division Nigerian Army acting on credible information from some patriotic members of the public raided the evil Don Waney enclave in Omoku, ONELGA Rivers State where shocking discoveries of assorted weapons, dynamites, bags of suspected cannabis, full military camouflage uniforms, military boots, military communication radios, 10 human skulls and human bones were discovered. Additionally, in continuation of the operation on Tuesday 21st November 2017, the troops also exhumed decomposing bodies of some of his victims in his shrine in the glaring eyes of the media who were invited to witness first hand.
Perhaps not satisfied with the numerous lives of innocent citizens he took, Don Waney masterminded the despicable New Year day mayhem in Omoku in which he led his notorious gang of criminals to murder 23 peace loving citizens of Omoku when they were returning from Cross Over Service at about 1:30am on Monday 1st January 2018.
Intense surveillance activities on him and his gang by the Department of State Services (DSS) Rivers State Command revealed that after committing these atrocities he relocated to a neighbourhood within Enugu Town in Enugu State where he rented an apartment and started living among unsuspecting neighbours within the community.
From the relative safety of his newly-rented apartment, Don Waney was already perfecting plans to wrought another mayhem in Omoku in which he was to attack churches, schools, Army and Police locations and the RESIDENCES of the generality of the already traumatized people of Omoku. However, following his successful geo-location to his new Enugu neighbourhood hideout by the DSS Rivers State Command, a combined team of troops of 82 Division Nigerian Army Enugu and personnel of DSS Rivers State Command raided the hideout to arrest him and his other accomplices. Incidentally on sensing that the combine team were closing in on his residence, Don Waney, his Second- in- Command (Ikechukwu Adiele) and another gang member (Lucky Ode) attempted to escape through the back exit of the apartment and were shot down by the eagle eyed troops in the process. One of them died on the spot while the other 2 who sustained gunshot wounds eventually died while being evacuated for medical attention.
The remains of Don Waney and his cohorts were brought back to Port Harcourt Rivers State by the combine team and handed over to the Rivers State Police Command for further action.
To this end, the authorities of 6 Division Nigerian Army Port Harcourt wishes to use this opportunity to extend their condolences to the families of all the victims of the evil Don Waney and his gang. We also wish to solicit your further cooperation in volunteering useful information to track down and arrest the remaining gang members so as to bring them to justice for a peaceful, prosperous and secured Omoku community, ONELGA, Rivers State and the entire Niger Delta region.
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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