Business
Why You need an Estate Plan now!
: L-R: Former Group Managing Director, Telnet Nigeria Limited, Dr. Nadu Denloye, Executive Director Investments; Stanbic IBTC Asset Management Limited, Mr. Shuaib Audu; Head, Research and Corporate Strategy, Stanbic IBTC Pension Managers Limited, Mr. Charles Omoera; and Chief Executive, Stanbic IBTC Trustees Limited (SITL), Mrs. Binta Max-Gbinije, during SITL’s Legacee Roundtable in Lagos on Friday, 16 June 2017
To most people, having an estate plan or will is more like a death wish. Even when someone tells them about it, they reject it and even cast the person away, accusing them of wishing them death but that isn’t the case, and even researches have proven that people who have an estate plan live longer than those who don’t have. An estate plan is a well documented statement of how an individual wants his property, wealth, belongings to be shared to his family members when he dies.
We’ve heard issues of young rich guys dying at the age of 30, even some die in their early twenties which with the orientation that an estate plan is for people who are old and almost dying, they would have neglected the call to do it, at the end of the day, their belongings become transferred to the states or family members start battling each other over it.
We work a lot, we struggle a lot, wake up 5am just to be at work and return home 11pm, all in the name of making money, providing for the needs of your family, building your own house, buying fleet of cars but at the end of it all, You will die, everyone will die, how then do you want your after-life look like, would it be nice if all you have worked for becomes occupied by someone who never knew about your struggles or someone who doesn’t deserve to benefit from it, If married, Your wife and kids might even suffer for it in a case where you didn’t have an estate plan or a will, the belongings might end up being snatched from them and you are to be blamed and might not Rest in Peace!
Today, a lot of cases are still in court over possession of properties of a dead family member, some for 10 years, even up to 40 years simply because an estate plan wasn’t made before the deceased left, leaving family members to be in serious war over the properties, In order to avoid all this, An estate Plan or will needs to be done NOW, with the right people in charge.
You need Professional people, those who know what they do, those who would stand for you while you are six-feet down, people you can trust, above all, You need Stanbic IBTC Trustees Limited.
L-R: Former Group Managing Director, Telnet Nigeria Limited, Dr. Nadu Denloye, Executive Director Investments; Stanbic IBTC Asset Management Limited, Mr. Shuaib Audu; Chief Executive, Stanbic IBTC Trustees Limited (SITL), Mrs. Binta Max-Gbinije; and Head, Research and Corporate Strategy, Stanbic IBTC Pension Managers Limited, Mr. Charles Omoera, during SITL’s Legacee Roundtable in Lagos on Friday, 16 June 2017
Stanbic IBTC Trustees Limited is an organisation that ensures the process to receive a probate of the will though not taking the place of a lawyer but when it comes to execution of the will, even when the lawyer isn’t there, Stanbic IBCT Trustees Limited comes in. They ensure there’s no collision at anytime and you can also re-write your will, update it when you feel like adding an acquisition to it.
The CEO, Mrs. Binta Max-Gbinije revealed that With Stanbic IBTC Trustees Limited, You can opt for any of two packages; The Simple will which is fee and with just a payment of N5,000 annually for the security of your document. In this package, You only add your monetary value and can also have your retirement savings account on it while we have the comprehensive will which you pay between N200,000- N500,000 for the security of your document, with this you can add your landed properties, houses, cars and everything you own.
However, you don’t need to be rich to have an estate Plan, and whenever you want to opt it, Try Stanbic IBTC Trustees Limited
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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