Business
‘I drank only water for three days’ + How i almost commited suicide – Talented Actor, Mr Ibu recounts hard times
For every glory, there is a story to tell, this is the issue of Popular Actor, John Okafor AKA Mr Ibu, the talented actor has been through a lot that almost made him kill himself.
On this interview, he talked about everything
Read his story, as narrated to Punch:
“Do you know that there was a day that I had prepared to kill myself in Ajao Estate? That day, I was prepared to jump into a well because of the situation that surrounded me. Three days before that day, I had not eaten and I did not have hope of eating for the next week. I was only surviving on water and I hate it when I bother anyone. Most of my close friends were not bothered about my well-being even though it was obvious that I was not alright. I remember December 18, 1997, a friend of mine who I squatted with called me in the morning and told me that he would be going home for Christmas and he did not want anyone to be in his room. I assured him that no one would come to his place but he said he wanted me out of the room. I told him that I did not have another place to stay and he should trust me that as usual, I would take good care of the place. Though I was older than him, I did all the washing and cleaning of the house to the extent that I washed his panties and underwear. I did that so that I could have a roof over my head. But out of anger, that my friend went into the house, brought out all my things and threw them outside, then he told me to leave his house, he locked his door and left.
“From where I was seated, I was looking at the well. I thought to myself, ‘is it not better to end my life by jumping into the well so that when people return in the evening and they need water, they would discover my body and my friend would know that he was the reason I committed suicide?’ I went to the well and as I opened the lid and prepared to jump inside, the image of my mother’s face flashed through my mind. I quickly closed the well and began to wonder how my mother knew that I wanted to kill myself. My mother was still alive at the time; she was about 80 years old. I went back and leaned by the wall. A neighbour, Francis, was playing a song by Michael Bolton titled ‘When I am back on my Feet Again.’ The song gave me hope and I decided to stay alive.
“I cleaned the place (under a lorry) and was able to get some cartons which I used to do a tent. In the course of cleaning the place, I realised that it was dogs that used to sleep there at night but I had no choice. One night, about 30 dogs were barking so no one could sleep so I had to move my cartons to another location. While I was changing my bearing, I saw some people gathering. I hid my cartons, went close to the place and saw that it was a movie audition. I saw some of my friends there like Pete Edochie, and a friend called Sandra Ezeh. When Sandra saw me, she hugged me and said she was a big fan of my work especially my role in ‘Ikuku.’ She asked if I was doing anything and when I told her I wasn’t, she insisted that I accompany her to see her boyfriend. Since I had no job, I followed her; beside, all I needed then was food. I was so hungry at the time that it began to affect my eye sight. Sadly, her boyfriend had travelled so she said we should go to see another friend. We met the woman who owned a bar and when I asked for food, she said all she had was pepper soup and drinks. I told her to give me pepper soup and she was nice enough to tell them to give me two agidi with the pepper soup. After I ate the food, I fell into a deep sleep.
“When I woke up, I saw an address, 125 Adetola Street, then immediately, I remembered that a friend had called me asking me to stay in his house because he was travelling to Germany and that was the address. Immediately I crossed the street and went to the house. When I got into the house, my friend, Frank, just got in from London. He was so happy to see me that he hugged me and we both fell to the ground. He then said that no matter where I was staying, I had to move into his house. We went to pick my load from where I put it. Frank asked why my load was outside and I lied to him that I was preparing to travel. That was how he gave me a room in his flat. I prayed to God thanking him for saving me. He started taking me out and buying me clothes. It was from there I got my footing.”
Business
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.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
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%
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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