Business
ONDO 2016: OPC Launches ‘Operation Rig and Die’ as election kicks off
Being a statement issued by New Odua People’s Congress (New OPC), Ondo State Chapter on the forthcoming Ondo governorship election to be held on Saturday, 26th November, 2016
Following disturbing developments in our State as regards the forthcoming Ondo governorship election, we wish to state as follows:
1) That we have observed with great concern the unusual influx of strange persons especially of the northern extraction into Ondo State on the eve of the gubernatorial election
2) We have also observed the needless invasion of our State by officials and men of APC-led federal government and we wonder what such people have come to do in this State even when they have no direct influence or bearing on the election
3) Credible reports have also reached us that this unusual influx and invasion of our state by agents of the federal government and the All Progressives Congress (APC) is to execute a rigging plan that has been concluded in connivance with INEC and the security agencies
4) Such agents who include the Minister of Mineral Resources, Dr Kayode Fayemi, Simon Lalung of Plateau State, Abdullahi Umar Ganduje of Kano State and their cohorts, who have no business in the state at this time, are given up until 6:00pm today to vacate the State after which their safety can no longer be guaranteed. We have restrained our people enough but the provocation by these elements is becoming too dangerous for us to stomach.
5) We are determined and no amount of security agencies can stop us. Enough is enough!
6) We hereby call on all Ondolites and friends of Ondo to be on the lookout for these elements and chase them away from the State at the expiration of the 6:00pm deadline. Anyone who takes our warning for granted does so at his or her own risk.
7) Based on the foregoing, we wish to state categorically clear that we will resist every form of rigging, inducement and or manipulation no matter how sophisticated or elaborate it might be
8) Let us warn that the people of Ondo State are battle-ready to resist every form of intimidation and harassment from any quarters. Ondo and Edo may sound alike but we will not allow what “killed” our brothers in Edo to kill us in Ondo
9) Anyone found to be involved in any way in any rigging plans should be ready to face the dire consequences of their actions. This is our State, and we are not ready to surrender it to retrogressive forces parading themselves as agents of change. Those who say we would not sleep in Ondo State must also be ready to either remain awake for a very long while or rest in peace. The choice is theirs.
10) Those who plunged Nigeria into unprecedented recession, executive brigandage, insecurity, famine, job losses, weakened currency etc should not expect us to surrender our State to them
11) We hereby call on all Ondolites to be vigilant and rise to the occasion, vote and watch over their votes till the last stages.
12) They should also arm themselves with as many electronic devices like camcorders, phones, voice recorders and such other similar devices as possible to record events at their respective centres especially capturing on record those who are collaborating with perpetrators of rigging be it they security agents, INEC officials etc
13) Finally, we are watching. To be forewarned is to be forearmed
Signed:
Kunle Famuyiwa
Leader
Operation Rig and Die: Rigging in Ondo State would be Resisted Ferociously
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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