Business
MUHAMMAD LAMIDO SANUSI, FIRS AND FLUTTERWAVE BOSS TO DISCUSS THE 4TH INDUSTRIAL REVOLUTION AT ICAN CONFERENCE
MUHAMMAD LAMIDO SANUSI, FIRS AND FLUTTERWAVE BOSS TO DISCUSS THE 4TH INDUSTRIAL REVOLUTION AT ICAN CONFERENCE
The former Governor of Central Bank of Nigeria (CBN) HH Sanusi Lamido Sanusi, FIRS Executive Chairman, Mohammed Lami, Flutterwave boss, Olugbenga Agboola, President of the International Federation of Accountants (IFAC), Mr. Allan Johnson; Hon. Minister of Communications & Digital Economy, Dr. Isa Ali Pantami; and other eminent personalities will speak at the 50th Annual Conference of the Institute of Chartered Accountants of Nigeria (ICAN).
The theme of the conference which holds from April 5 to 9, 2021 at the International Conference Centre Abuja is “The 4th Industrial Revolution: Boom for the Accounting Profession and Panacea for Pandemic”. The theme was specifically chosen to discuss the effects of the 4th Industrial Revolution on the accounting profession.
The lead paper entitled “Digital Revolution: The Accountancy Profession and the Future of Work” to be taken by the IFAC President, will focus on how Nigeria can benefit from the 4th Industrial Revolution (IR) which is driven by rapidly changing digital technologies which has continued to transform societies, economies, professions and organizations.
The Plenary session two entitled “Redefining a New Model of Accountable Leadership in Nigeria in the 4th Industrial Revolution” will be delivered by HRH Muhammad Lamido Sanusi, CON, former CBN Governor. This Paper will examine how a Digital Nigeria will drive accountable leadership. It will also make recommendations on how Nigerian leaders can quickly adapt to digital technologies. Furthermore, this Paper will demonstrate what accountable leadership will look like in a digital age as well as highlight how Nigeria, with a significant youth population can benefit from the ongoing digital revolution to harness the capabilities of the growing youth population like we have in the more advanced digital nations.
Taxation in a Digital Economy: Prospects and Challenges” is the focus of the third plenary session. It will be taken by the Executive Chairman of the Federal Internal Revenue Service (FIRS) Mohammed Nami. This Paper will examine the prospects and challenges of taxation in a digital economy whilst evaluating the efficacy of the amendments proposed and effected to date by the National Assembly in Nigeria and the Organization for Economic Cooperation and Development.
Other papers to be delivered include: Entrepreneurship: The Bane for the Development of Emerging Economies through Technological Advancements; Internet of Things: The role of Communications Companies.
Other prominent speakers billed to speak on the various topics associated with the conference are: Mr. Ben. Afudego, Partner, Consulting Leader West Africa, Ernst &Young; Mr. Joseph Tegbe, Partner, KPMG; Chief Judge, Borno State State High Court, Justice Kashim Zannah; Mr. Yomi Olugbenro, Partner, West Africa Tax Leader, Deloitte; Mr. Olubayo Adekanmbi, Chief Transformation Officer, MTN, Nigeria; Mr. Ademola Adebise, MD/CEO, Wema Bank Plc; and Mr. Femi Osinubi, Partner Technological/Digital Leader, PwC, among other eminent professionals,
The conference which will hold physically and virtually will be conducted in strict adherence to the COVID-19 protocol as stipulated by the Nigeria Centre for Disease Control (NCDC). The conference communiqué will be forwarded to the government at the end of the conference.
The Institute of Chartered Accountants of Nigeria (ICAN) was established by Act of Parliament Number 15 of 1965 to regulate the practice of Accountancy Profession in Nigeria. ICAN is a founding member of the International Federation of Accountants (IFAC), Pan African Federation of Accountants (PAFA) and the Association of Accountancy Bodies in West Africa (ABWA).
BUNMI OWOLABI
PRINCIPAL MANAGER, CORPORATE COMMUNICATIONS.
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.
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.
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.
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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