Business
Oritsefemi is a liar, He comes to beg money from me, i gave him N1.2m to shoot ‘Sexy Ladies Video’ – Danku’s Mum reveals
Last week, it was gathered that Afro Pop star, Oritsefemi is planning to arrest his ex-manager, Danku and His mum over the manager’s statement that he owns MSN gang and for eloping with his money and Jeep.
Following this report, Another story has pop up which is different fro what Oritsefemi said. It would be recalled that he said he buried Danku’s grandmum with his money, He gave Danku’s mum N1m for her business and bought her two canoes.
Reacting to this, Danku’s mum in an interview with NET debunked oritsefemi stories and revealed her own side of the story.
In an exclusive chat , Madam Adepitan who spoke mostly in Yoruba language began by saying, ‘Mo fe pariwo fun gbogbo omo Nigeria ko gba wa lowo Oritsefemi o, ofe pawa o (I want to appeal to all Nigerians to save us from Oritsefemi because he wants to kill us).
She continued saying, ‘My brother, God will bless you, I really don’t have much to say, but I remember when my son brought him to me and told me about him, the first day I saw him, my mind told me to tell my son to be careful. Oritsefemi is ungrateful, because my son was the one that helped him get the Avatar deal’.
I remember clearly back then, Danku wanted to take my last son, Oluwaseun to meet the Avatar man in Abuja but I kicked against it because he was in final year in school, I didn’t want him to be distracted so I told him to take Oritsefemi and I was the one that gave them N10,000 to buy the clothes Oritsefemi wore to meet the man in Abuja, I never knew I shouldn’t have helped him’.
Reacting to Oritsefemi’s claims that he gave her N1m for her business, she fumed, saying, ‘I have been doing my sand business since 2008, I only met Oritsefemi in 2014 so how can he say that. When they showed me his interview on paper last week, I was almost crying because this Oritsefemi boy is ungrateful when he wanted to rent a house for his mother around Magbon in Badagry he came to meet me to help him saying it was packaging, that her current residence in Kiri-kiri is not befitting, I gave them over #300,000 cash’.
‘There was another time Danku brought him to me when they wanted to shoot the video for ‘Sexy Ladies’ with Davido, I gave him N1.2m cash till date he’s not returned the money. I am a landlady with two houses in Lagos so he can’t even compare me with his mum’.
She also spoke on Oritsefemi’s allegations that he sponsored her mum’s burial last year, ‘All these things he’s saying is a lie, I can say it in front of him and he can’t deny it. My mother died on April 12 and we buried her on May 30, but I almost cancelled the burial because my son had just left Oritsefemi’s house on May 16 and he fell terribly ill. Thank God for his life today, since then Oritsefemi has been threatening us, that’s why am shouting out now so Nigerians will know the type of person he is’.
She wrapped up saying ‘I even gave him a nickname ‘Oritsefemi Mr Packaging’ because anytime they come to meet me to collect money they’ll say it’s for packaging, I just want him to leave me and my son alone’.
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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