Business
MUST READ : WHAT PASEDA SAID TO OGUN PEOPLE
Hello my Fellow Citizens of Ogun State!
Thank you for this warm welcome. I am very happy to be here contesting with so many friends and terrific candidates!
Something is happening in Ogun State right now, there is a wind of change possibly in the transition of this present administration.
A wind that blows along the three senatorial district of Ogun State, From Ogun West to Ogun Central, where the number one servant office resides , to Ogun East ,the senatorial district where I was raised.
Wind from every corner in Ogun State, which will breathe new life into politics.
In this forth-coming 2019 general election, Ogun State have said loud and clear, that too many families can’t make ends meet, that too many seniors are living in poverty, that they have had enough of the same old debates, they deserve better, that is why we should dare to bring about change.
Change that is now necessary because Paseda is running in circles, because for too long, we have replaced scandals with different scandals, scandals that Ogun State could not tolerate anymore, because some want to benefit from divisive politics, because issues that matter to most citizens of Ogun State are yet to be settled.
You have voted for a green economy, but still, your money is used to subsidize big polluters. You have rejected scandals that tarnished politics, but again this week, we see the same story. Different leaders, same old scandals. For all these reasons, you believe it is now time for change.
Ogun State are ready for this change. Students, Youths, Artisans e.t.c are ready for this change.
My friends, I am ready to bring this change to Ogun State , so that citizens of Ogun State can have a strong voice in cabinet. In every corner of the government parastatals, my people is ready for this challenge.
Old debates and negative politics that we have seen since the beginning of this campaign are exactly what Myself had stayed away from.
Some have claimed that I was too polite to be a politician, as if it was a weakness for a party leader to listen what you have to say.
My friends, I cannot promise to be less of a good guy, you know where I stand and you know I will fight for the priorities you hold dear. To defend families and seniors.
To bring education to the way we met it and how it was, To stop subsidizing big polluters and instead invest in clean energy. To give a voice to progressive Youths, Women and resourced Ogun State Citizens in cabinet.
I am committed to do things differently in Ogun State.
I am committed to get results in the first 100 days as your Governor. Not in four years. Now. Because people need help now. That’s my commitment to you. My friends, I am ready to be your Governor, and I fully understand what this means.
A Governor’s job is to make sure the government works for those who have elected him, and not for big corporations.
A Governor’s job is to bring people together. Build bridges between urban and rural areas and bring closer the different point of views which exist in this state.
A Governor must ensure Parliament/Legislators represents the values you cherish.
Values like: Tolerance, compassion, pride in our differences, respect for democracy, cooperation. Those values are shared by all Ogun citizens around the world.
My friends, we will work together to bring those values back to action. No matter which party you supported in the past, we can put the old debates aside and work together to achieve real change.
We can prove that the cynics are wrong. That it is possible for Ogun State to have a to have a solid representation in all ramifications, not in the Opposition, but within government. Others will tell you that you have no choice but to vote for them. But that is, once again, old politics. You deserve better. You deserve change. And for that, we need to do more than block the Conservatives. We need to replace them. And it is not the first time for Ogun State citizens to bring about major changes in our society. This isn’t the first time you’ve seen this. It means something is broken and we need to fix it.
It starts with a vote – your vote. And so, I’m calling on you – on the election day in 2019– to mark your ballot for change. Together, we can do this. We can show that: Here, our priority is Free Education, job creation, the environment and Security. Here, we dare to use words like “change” “hope” and “progress”. Here, we dare to look beyond old politics and have the audacity to ask for something better. Here, we dare to look cynicism directly in the eye, and have faith that the best has yet to come. And especially because there is so much to do.
The time has come for someone to take on those responsibilities.
I am ready to take on this challenge! It can’t be done without you.
Let’s work together. Let’s roll up our sleeves and start the work right now.
Thank you!
Otunba Rotimi Paseda.
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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