Business
‘I strangled my Son to death to punish my Ex-Wife’ – Man confesses
A 44-year-old man, identified as Sunday Ibrahim, has alleged strangled his 14-year-old son, Musa Ibrahim, to death, following the dissolution of the couple’s marriage by a court in Abuja.
His act, which happened in Kabusa village in Apo area of the Federal Capital Territory, FCT, Abuja, was said to be an ‘unimaginable show of heartlessness and an extreme case of hatred for his ex-spouse’, the Sun is reporting.
The FCT Commissioner of Police, CP, Mohammed Mustapha, confirmed the incident on Friday, saying the court granted the ex-wife custody of the couple’s children.
According to him, Ibrahim’s primary reason for the abominable act was to cause the ex-wife absolute heartbreak and ensure that she would never see the teenage son again.
The CP said, “After killing the son, Ibrahim ran to the house of his uncle, Haruna Isah, who resides at Airport road, Abuja, to confess that he had killed Musa.
“Isah promptly reported the matter at the Ido Police Station. He also arrested Ibrahim and handed him over to the Apo Police Station, from where the case was subsequently transferred to the homicide section of the FCT Criminal Investigation Department of the police command.
“When detectives took Ibrahim back to his residence to conduct a search, they discovered the sandals of the deceased teenager in the father’s room,” the CP stated, assuring that the suspect would be charged to court soon.
Isah, on his part, recalled that he brought him (the suspect) to Abuja and trained him.
He said, “I was aware that his wife was no longer with him again. It was one fateful day that Sunday Ibrahim came to my house early in the morning and confessed to me that he had strangled his son, Musa Ibrahim, and wanted me to help him.
“I was deeply shocked and momentarily confused. When I regained my sense, I quickly ran to Ido police station on airport road to make a report.
“I also arrested him and handed him over to the police. In the statement he made to the police, he said he did it to punish his ex-wife,” Isah confirmed.
Meanwhile, reports say Ibrahim had previously attempted to kill his 17-year-old daughter, Maimuna Ibrahim, by serving her poisoned food, although, she did not eat the food, after which Ibrahim threw the poisoned food away.
Speaking on the incident, Ibrahim’s ex-wife, Zanaib Ibrahim said, “I sued my former husband for divorce and the court dissolved our marriage in 2015.
“The court granted me custody of our six children, to take care of them. But my ex-husband had been monitoring Musa.
“He went to where the boy was learning tailoring and bought him suya and soft drink, which he used to deceive and lure him away and then strangled him.
“He did it to punish me. I waited for my late son but I didn’t see him,” she sobbed and continued, saying, “I went to meet the man who was training him, Umar Maitalata, who told me that my ex-husband took him away after the close of work.
“I called my ex-husband’s phone four times but he refused to pick my calls.
“The following day, I saw him and asked about my late son. He said that the boy was dead; it was somebody who showed me the corpse of my son at Kabusa farm.
“My ex-husband is an evil person and not a responsible husband. He attempted to poison my first daughter Maimuna, but she noticed the poison in the food and did not eat it.
“I want justice to be done over the death of my late son Musa Ibrahim,” she lamented.
In his confession, Ibrahim, an indigene of Adari Local Government Area, Kogi State said, “I was having misunderstanding with my wife.
“She was not contented with the money I gave her. Then, suddenly she packed her things and left my house. She sued for divorce and the court dissolved the marriage.
“So I took our son Musa to Ondo, to hide him there. But she traced him to the place and took him back and registered him to learn tailoring.
“I went to where Musa was learning the trade. I bought suya and soft drink for him and then took him away.
“I strangled my son, Musa, to punish my ex-wife.
“Immediately after killing him, I ran to a native doctor to perform some rituals for me. I also ran to my uncle, Haruna Isah and confessed to him that I had strangled my son and he got me arrested.
“I want my family to forgive me for the evil I have done,” the suspect pleaded.
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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