Business
Kiibati Bankole blasts Daddy Freeze openly, calls him a coward over DJ Exclusive
Recall when Daddy Freeze Alleged that Kiibati has refused to pick his calls after owing him money? Kiibati has replied him… in a very long post
Read below;
Dear Mr. Freeze,
I have tried to steer clear of your endless attempts at cyber bullying and casting aspersions at my image, but your most recent rants have left me no choice but to respond to your allegations.
My friends know that unlike you, I do not engage in attention seeking stunts online or laundering my linen in public.
I am a very private person, with a very small but closely knit circle of friends.
I find your decision to take to social media to spout your allegations highly disappointing, considering your age (I assume you are close to 50 and are considered an ‘egbon’), and that you have both my phone numbers, know where my studio/office is and are in touch with many of our mutual colleagues in the broadcast industry.
Now, you made some allegations that are ridiculous and blatantly false:
The first was that I BEGGED you to ‘help me out’ by participating at my event- Celebrity FC on the 3rd of December.
Now that claim is ridiculous.
First of all, at the event, we had superstars like Olamide, Tuface Idibia, Awilo Longomba, Falz TheBahdGuy, Burna Boy, Peter of P Square, Humblesmith, just to name a few.
The event had over 30 of Nigeria’s most beloved celebrities come together in the name of the beautiful game- football, and no disrespect intended Sir, but you do not match up to any of those guys in name or stature.
I contacted you to ask you to help me invite your friend DJ Exclusive to the event, who we know is a staunch Manchester United fan and loved by many.
While bargaining with you on his appearance fee, you gave me the condition that I must invite you as well. We had no plans to invite you because you did not fit the profile of the calibre of celebrities we invite.
You however insisted and charged me the sum of N900,000 for you and DJ Exclusive to split. I found that odd, but felt I had no choice, since I really wanted Exclusive at the event.
You asked me to send you a text message with the offer for you to show DJ Exclusive which I did.
To spice up the deal, you offered to promote the event for two weeks on your show on Cool FM and asked me to send you a media partnership proposal which I did.
Second Post;
Following our conversation on phone, I presented our discussion to my team, who expressed dissatisfaction and said they did not want you at the show, but Exclusive alone. They said you do not match up to the celebrities coming for the show and said we should instead invite your colleague Dotun who will attract the hip, young urban crowd in Lagos to the event.
I did not know how to tell you this as I did not want to hurt your feelings.
I told them about your offer to promote the event for free, which softened their stance a little, but did not totally convince them.
FYI, all the celebrities that came for the event were given official invitation letters/MOUs either physically or by email and were paid at least 2 or 3 months to the event, except for last minute additions.
You eventually told me that the management of Cool FM denied your request to run the promo of the event on your show, which left my team with no choice but to decide to dis-invite you, as they saw no justification for paying you to attend the event without getting any value from you.
According to them, no one will purchase a ticket to a concert to watch Freeze.
I thought this was harsh, and couldn’t figure out how to break the news to you, so I kept coming up with ways to buy time, hoping you would take the hint by my refusal to pick your calls atimes. But you eventually helped me out when you told my people a week to the show that DJ Exclusive was pulling out.
This came as a bit of relief to us and my team told you not to bother to come anymore as Exclusive was supposed to be your partner at the show.
After my team asked you not to come, you began to harrass and stalk my phone, calling me endlessly, but I couldn’t pick your calls and asked my managers to speak with you. I couldn’t pick your calls because I was the host of the show and had to focus on rehearsing for the event with my co-host Seyi Law. I was losing my voice and my team insisted that I stay off the phone to save my voice and energy.
So, you were told not to come for the show, but imagine my shock when on the day of the event, I came down to the celebrity lounge backstage and saw you.
Third Post;
You came along to the event with an actor we hadn’t invited. You were drinking all kinds of Spirits began harassing the stage manager to let you go on stage and play.
The stage manager concluded by your harassment that you were just being a passionate football fan and eventually let you go on stage to play with the celebrity friend you brought to the event.
At no point did I ‘contract’ you to be at the show as you have widely claimed, unless the word ‘contract’ has taken on a different meaning.
The second false claim you made was that you tried to call me for a month and I wasn’t picking your calls.
This Sir is a blatant lie (or ‘alternative fact’ as Kellyanne Conway would say), as I travelled out of the country soon after the event and was away in Dubai for the Christmas and New year holidays and my phones were unreachable. My instagram posts in this period confirm this.
I took the break to recuperate after the event and regain my mental and physical strength.
I was away for over 3 weeks, so you couldn’t have been calling me all this while, as you claim.
As soon as I landed after my trip, you began to call my phone. You called me two or three times, and I didn’t pick your calls because I was still settling down, following my trip; but imagine my surprise when two days later you took to instagram to attack me.
You did not send me a single text, email, direct message on Twitter or Instagram or reach out to me via members of my team but instead chose the cowardly way out with your subtle blackmail and cyber bullying.
I understand that there is a recession in Nigeria at the moment and you may have been broke and desperate for some cash, but as a friend, I would have helped you with some cash if you had just done the decent thing by reaching out to me via text or by being patient for me to return your calls, which I would have after I settled down from my trip.
Fourth Post;
This, as you know, was not my first time dealing with you. I have paid you a lot of cash in the past for different promos on Cool FM. You can recall that I paid you N300,000 regularly sometime in 2015 to promote some kid artists on your show. I can tender my account statements as proof of this.
Your social media antics however, are a declaration of war and put an end to any attempt at friendship with you.
Please Sir, stop your cowardly attempts at cyber bullying me or harrassing my clients Merrybet- the most reputable sports betting firm in Nigeria and address your alleged grievances via the appropriate legal channels.
I don’t want to believe that you cannot afford a lawyer Sir.
Please stop your cowardly attacks and take up whatever issues you believe you have against me in court or with the appropriate authorities and desist from your public attacks.
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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