Business
‘Olamide shot 5 videos for me instead of 3, YBNL is my family’ – Lil Kesh reveals
For about a week, the news surrounding the business relationship between rap star, Olamide and his protégé, Ololade Keshinro, better known as Lil Kesh as been making the rounds.
While some reports suggest there’s a frosty relationship between Lil Kesh and the YBNL Nation, forcing his immediate departure from the label to float his own, YAGI Records, others say it’s a case of a protégé becoming his own king.
But the act at the centre of the issue, Lil Kesh has come out to clear the air stating that there’s no issue at all but a matter of contract expiration between him and his former record label.
In an Instagram post on Tuesday, Lil Kesh explained his departure from YBNL via a post on his Instagram page.
His words: “Ok, so it’s true that my contract ended about two weeks ago like we all know my contract with YBNL was for two years but that’s the business side to it. And did I state that my contract included 3 videos for me and one album?
“But Baddo went out of his way to shoot about five videos for me. Business or no business YBNL is family and will always be till I go 6ft under the ground. YAGI records is real with the support of my big bro Olamide, YBNL, remains my management for life, YBNL doesn’t just produce successful artists, it produces artists that help produce other successful artists. That’s the dream Baddo shared with me about a year ago.”
Lil Kesh’s clarification was coming on the heels of Olamide’s similar post on Tuesday morning on Instagram. The YBNL boss confirmed that Lil Kesh had a two-year contract with his label which expired weeks ago.
“Good day guys, sorry we didn’t put guys in the loop…Maybe cause we see no point in bringing it up cause family is family, business or no business,” Olamide stated.
He added; “I signed a two-year deal with Lil Kesh and Viktoh. It ended weeks ago. But the bond is 007 leave it (James bond level). Don’t touch it. Kesh got his own record label now YAGI but still works with YBNL Management. Viktoh is still under YBNL Management too…So worry not. The world is ours for the taking…YBNL FamilyForEver.”
Confirming Olamide and Lil Kesh’s Instagram posts, Alex Okeke, Olamide’s manager, in a telephone chat with our correspondent, said what the two artistes wrote on their social media pages are the true reflection of situation of things.
“Contrary to some mischief makers, there is no problem among the YBNL Nation family. Both Lil Kesh and Olamide have expressed the proper interpretation of what happened via their social media pages. There is no parable or any fuss. They are straight from the horses’ mouth,” Okeke said
He added, “Quote me, there is no issue at all between Olamide and Lil Kesh. There is no need lying about it, if there are issue and we lie, people will surely get to know about the truth. But trust me, there is no issue at all. We are all family,”
Since this YBNL saga surfaced online, many have expressed shock given the bond between Olamide and Lil Kesh.
As a boss, Olamide has had to watch Lil Kesh’s back many a time and even caused some rows at awards shows having felt his act was not adequately recognized.
In January this year, Olamide mounted the stage at The Headies 2015 Awards Night to criticise the organisers for not giving the Rookie of the Year award to Lil Kesh.
Lil Kesh, born and raised in Bariga, a suburb of Lagos State, joined YBNL Nation in April 2014 after his introduction by Viktoh to Olamide. The 21-year old rapper/songwriter rose to fame after his chart-topping song titled “Shoki” rose to critical acclaim from music critics.
He followed it with other successive hits gaining mass acceptance.
As Olamide’s protégé, reports have it that Lil Kesh has become financially buoyant enough to fund his projects and music videos.
Lil Kesh has also moved from his Lagos mainland base to a posh apartment in the upscale Lekki neighbourhood. The apartment is said to be equipped with an in-house studio all acquired within the space of Kesh’s YBNL’s contract.
In March 2016, he officially released his debut album under the YAGI imprint.
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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