Business

‘Kiss Daniel received N30,000 Salary, banned from featuring on songs by Label’ – Sources reveals bad treatment

Published

8 years ago

December 13, 2017

Nigerian pop star, Kiss Daniel is currently embroiled in a legal battle with his erstwhile record label, G-Worldwide. Their case is already in court and the media is filled with reports, insinuations, court documents and some facts.

Since the story broke, LIB has been digging and talking to both parties involved and while the key players are avoiding the media as well as being quoted, their aides and sources close to them are talking.

Our investigations revealed that contrary to the denials by G-Worldwide in the press, Kiss Daniel was actually placed on a monthly salary of 30,000 per month all through the success of his hit single ‘Woju’.

A highly placed source who spoke to LIB on condition of anonymity said,

‘from the beginning of his contract (a 7 years and 5 album contract) he wasn’t placed on any percentage rather Kiss Daniel was placed on a monthly salary of 30,000 (thirty thousand naira) up until ‘Woju’ remix was released then it was later increased to 50,000 (fifty thousand naira) before he insisted on a review of his contract in 2015 and by the second quarter of 2015 he began to receive 40% of his performance fees.

All the while he was collecting 30k, the boy already had a monster hit song ‘Woju’ and was raking in millions of naira’.
We asked for specifics to be sure of the period Kiss Daniel stopped collect 50,000 naira as salary and our source said, ‘I really can’t place the date but I’m sure he was on that salary till after the release of ‘Laye’.

The song ‘Laye’ was released in May 2015

Our investigations also revealed that Kiss Daniel though wasn’t legally barred from collaborations, his record label vehemently stood against it, ‘the label categorically banned him from doing collaborations and made it look like he’s the one avoiding it.

Or have you also seen his label mate, Sugarboy on any collaborations? The industry can testify to it, i won’t mention names but we all know. All the superstars who came to support Kiss Daniel at his album listening party, he couldn’t payback the favour when they needed him because the label prevented him from doing so.

Basketmouth even had to block him on Instagram because Kiss was supposed to do a show for him but his label refused and Basketmouth got angry thinking Kiss Daniel was the one playing games with him’.

We further learnt that the relationship between Kiss Daniel and his record label was filled with so much tension, hate, frustration and animosity as our source revealed that, ‘Kiss Daniel couldn’t even make it to his own father’s burial because his label threatened him’.

We asked how? and they said, ‘on the day of his father’s burial, he already had a show that was booked and his label told him they don’t care about his father’s burial but he had to attend the show else he’ll get sued.

At that time, Kiss Daniel was still on a monthly salary of 50,000 and two days before his father’s death, his kid brother was also involved in accident that left him unconscious for weeks. The label only gave him 200,000 to buy ‘coffin and fry puff puff’ our source said.

Till date, we gather that Kiss Daniel has made no income from any digital sales of his music, no income from his endorsement apart from the 40% he makes from shows. The label didn’t also provide him with an apartment or cars.

Though he stays in his own house and own a couple of choice rides, we gather that he’s had to pay for the official car that was used to move him around in the early days of the career which has since been given to the younger brother of his recrod label boss, Emperor Geezy.

Business

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Published

3 days ago

February 19, 2026

Sahara Weekly

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.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

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

Published

5 days ago

February 18, 2026

Sahara Weekly

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%

Published

5 days ago

February 17, 2026

Sahara Weekly

GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

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