Business
‘I’m still using my personal cars’ – Aisha Buhari speaks on Alleged Car gift by IGP
President Muhammadu Buhari’s wife, Aisha, has reacted to an allegation that she received two Sports Utility Vehicles, SUVs, illegally from the Inspector General of Police, Ibrahim Idris.
In a brief response on Twitter, Mrs. Buhari said she was still using her personal cars, but stopped short of categorically confirming or denying the allegation.
Isah Misau, Bauchi-APC senator, made the allegation when he appeared before the Senate ad-hoc committee investigating allegations by the lawmaker against the IGP.
Mr. Misau said the IGP gave Mrs. Buhari the two vehicles, adding that the details of the donation were contained in the documents the police boss submitted to the court in the suit instituted against him by the Attorney-General of the Federation, Abubakar Malami, on behalf of the Federal Government.
“I still have some contract papers that the IG himself submitted to the court, where the First Lady through her aide-de-camp. ADC requested a Toyota Hiace and a Sienna jeep. The same day that the ADC wrote, the IG minuted that she should be given two cars. And it is not part of the appropriation. If you look at the appropriation, there is nowhere they said the First Lady should be given two jeeps,” Mr. Misau had told the committee.
“The letter came from the ADC to the wife of the President. The most unfortunate thing is that even in the letter, the ADC wrote that they wanted the vehicles for her ‘private engagements’. They wrote that they wanted Sienna and Hiace but the IG said they should be given two Sports Utility Vehicles. And he supplied the document to the court,” he said.
The police in a statement on Thursday said the vehicles, which they said were not SUVs, were given to police officers serving as aides to the wife of the President.
Mrs. Buhari on Thursday took to her Twitter handle, @aishambuhari, to comment on the allegation.
“I am still using my personal cars,” she tweeted.
She however did not make any comment on whether she received SUVs as alleged by the lawmaker or not.
The tweet was greeted by criticisms and questions from some Nigerians who asked whether she received the cars or not.
One of them @ShedrackFubara replied: “Haha the retractions have started. Aisha the question is: did you ask Idris for vehicles & did he purchase SUV’s for you? Where is Lai Moh?”
@HMCMmadudili replied: “Hello @aishambuhari using your personal cars doesn’t mean IGP didn’t buy you 2 SUV as misau asserted. Come up with stronger defense.”
@shalystar01 also wants Mrs. Buhari to take a stand on the allegation.
“Hello ma, the question is that DID IGP IDRIS BUY 2 PRADO JEEPS FOR U? A simple question that needs YES or NO. Do we need to ask GOOGLE??,” she tweeted.
No further official statement or comment has been made through Mrs. Buhari’s office.
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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