Business
Pelican Valley Holds Workers Retreat, Set To Lead Nigeria’s Real Estate Industry
Pelican Valley Holds Workers Retreat, Set To Lead Nigeria’s Real Estate Industry
…Vows To Remain Beacon Of Hope To Youths
Pelican Valley Chief Executive Officer, Amb.(Dr) Babatunde Adeyemo has harped on the need for the workforce of the real estate firm to always stick to team spirit, integrity, productivity and service delivery, saying they are critical to achieving the company’s value and growth targets in 2024.
Recalling that the Pelican Valley Nigeria Limited started with its flagship product – Pelican Valley Estate Laderin, over 10 years ago with a meagre amount of money, Adeyemo said the estate is a household name because of the “passion, commitment, dedication and integrity” with which the dream was pursued to turn a challenging land terrain to investors’ delight it has become today.
He revealed that were the vision to be driven by the quest for quick money or profit, he would have long abandoned the project soon after its take – off, saying it took enormous investment of time and resources to surmount the daunting challenges encountered in his drive to make the location a palace where “unusual home happens.”
The CEO declared with both joy and confidence that the peculiar ambience, tourist attraction and other natural tractions that the Pelican Valley provides now are not obtainable in any other estate elsewhere in the Southwest geopolitical zone of the country.
He spoke at The Podium, a mini- multi – purpose facility in the estate while giving his opening remarks during the company’s annual staff retreat on Monday, January 29 which also had in attendance, its consultants from the engineering, surveying, legal, agriculture, town planning and media professions as well as the Brand Ambassador, Mr Olukayode Olaseinde.
He emphasised on the need for workers to embrace the spirit and patience of growing with the organisation to reap the joy and success of company growth, noting that he is an employer of labour who cherishes a relationship a lot and not the type that “use and dump people.”
“I’m a long distance runner. I love consistency, I don’t believe in use and dump. I love keeping relationship because I cherish relationship a lot. The problem with the youths these days is that they are not ready to be patient. And they are hopeless because of the situation in the country.
“We should give them hope. Average Nigerian youth believes nothing can work or change for better in Nigeria. It is imperative we give them hope to believe in this country again. Let’s give them a sense of belonging,” Adeyemo said.
The resource person, Dorcas James (Mrs), human resources practitioner, in her paper presentation titled, ” Hardwork, Consistency and Team Work As Pathway To Real Estate Growth,” said that the industry is witnessing steady growth nationwide because of the dynamism driving it.
Mrs James identified hardwork as integral part of success, strong relationship, maintaining ethical standards, properly defining team role, getting staff recruitment right to align with the team goal, making check -list and staff performance appraisal as some of the strategies Pelican Valley can adopt to achieve growth, lasting success and play a leading role in the nation’s real estate sector.
She also urged the Nigerian foremost real estate firm to strive always to perform and understand that the industry is witnessing competition, even as she hammered on building efficient clients relationship, continuous learning, market research and analysis, networking, goal setting, being adaptable and ethical standards in order to survive, succeed and excel in the industry.
“You have to perform or be ready to be swallowed. There is always a big fish out there to swallow the other,” she declared.
She urged the company to guard against clique, in – grouping, prejudice and consensus, saying it destroys team spirit, team goal, productivity, decision making process and hinders both individual and organisation’s growth.
She said “clique” in an organisation should not be encouraged or rewarded however beneficial it seemed on the surface, submitting that it is a disruptive and destructive phenomenon.
According to her, focus and reward should only be on the team and not the clique.
In his presentation, the company’s Director of Operations….. on workers productivity, revenue drive and efficient service delivery to clients as parts of the pathway to growth and success in the industry.
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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