Business
“PLOT AGAINST APOSTLE SULEMAN, A MADNESS CARRIED TOO FAR”- Gov. Fayose
Governor Ayodele Fayose of Ekiti State, on Wednesday, described the adultery allegation against Apostle Johnson Suleiman of the Omega Power Ministry by one Miss Stephanie Otobo as “high level conspiracy meant to destroy the integrity of the pastor and silence his critical and principled voice of truth and dissent in a nation fast becoming a one-party state.”
In a statement issued in Ado-Ekiti by Fayose’s Special Assistant on Public Communications and New Media, Lere Olayinka, the governor declared his support for Apostle Suleiman, saying: ” I stand by Apostle Suleiman and other men of God being directly or indirectly persecuted by the All Progressives Congress (APC) cabal.”
The governor said; “This was the same way they tried to drag the General Overseer of the Redeemed Christians Church of God (RCCG), Pastor Enoch Adejare Adeboye in the mud. The whole world was aghast at how they insulted and ridiculed the highly-revered RCCG General Overseer. But for the outcry from all over the world, they almost bundled out Pastor Adeboye from his position as RCCG General Overseer and could have even arrested the General Overseer of Winners Chapel, David Oyedepo.”
He further said; “their evil plan is to destroy the Church so as to silence every perceivable strong voice of opposition. And their mode of operation is to take on every vocal, principled, and popular man of God one after the other.
“Should it not interest Nigerians and the international community that up till today, none of those herdsmen that killed thousands of Nigerians in Benue, Enugu, Delta, Ogun, Plateau and Kaduna states have been arrested? Even those arrested in connection with the murder n Abuja-based female pastor, Eunice Elisha have been released.”
Governor Fayose wondered why all the adultery allegations and blackmail against Apostle Suleiman surfaced only after he spoke out against the reckless and indiscriminate killing of Christians in Southern Kaduna and his subsequent encounter with the Department of State Services (DSS).
“This, no doubt, is a continuation of the desperate but despicable and condemnable attempts to destroy opposition and the voices of reason in this country so as to subjugate every decent Nigerian and turn the country into a banana republic.
“After politically subjugating many Nigerians, including a section of the Judiciary that refused to do their bidding; they have now turned on men of God, this is condemnable,” the governor said.
Governor Fayose charged the Christian Association of Nigeria (CAN) and other Christian bodies not to stay aloof but to stand up resolutely and speak out vociferously against what he called “orchestrated attempt to destroy the Church and respected Church leaders in Nigeria.”
He berated those behind the travails of Apostle Suleiman as confirmed polygamists, serial adulterers, and others whose holier-than-thou attitude was sheer hypocrisy.
“Anyone who has a case against any man of God should swear an oath, proceed to the law court and face the rigours, rather than engage in media trial and character assassination, which have become the hallmark of this administration.”
Governor Fayose wondered why the perpetrators of the wicked scheme against Apostle Suleiman were not relenting even after the father of the woman making the wild allegations had punctured her loathsome and outrageous claims.
“The family of Stephanie Otobo has disclaimed her and her claims. Rather than own up and recant, those paying for the entire drama are making her to keep changing and modifying her claims, with they all still collapsed like a pack of cards. All other efforts to enlist other blackmailers against this man of God have likewise collapsed irretrievably.
“I therefore make bold to say that I stand by Apostle Suleiman. I also call on all those who believe in me to do likewise and carry the message abroad. To me, this plot against Apostle Suleiman is madness carried too far.
“One wonders why this same resources and vigour with which Apostle Suleiman is being blackmailed have not been deployed into confronting those murderous herdsmen that are slaughtering Nigerians like animals across the country,” Fayose concluded.
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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