Business

Prophet Joshua Iginla talks on Corruption in Church, Nigerian Government

Published

8 years ago

September 23, 2017

Prophet Joshua Iginla, General Overseer of Champions Royal assembly has lend out his voice in the issue of corruption in Nigerian Government and in the Church today. He expressed his displeasure on the fight against corruption, stating that it is one – sided.

Read Below:

‘’Greed is the breathing ground for corruption. Where you see greed, you see corruption. It is in various categories. You have to be satisfied with what God has given you. The unsearchable ways of acquiring wealth you might not necessarily spend in your life time is one of the reason we have corruption. As a clergy, I believe the first place to fight corruption is our religious institution. The church, the mosque and fighting corruption isn’t preaching against it alone but also putting structure In place that will kill greed. There’s what I call spiritual greed. It’s when the man of God thinks he is the only one God can use or God has called. Some people can be so greedy that they feel they are the only one God has called and every other person is a counterfeit. We leave in a world where people have acquired and keep acquiring even though they have made billions of dollars. Some have acquired wealth that even if they spend N50 Million everyday till they leave this world, it won’t finish. Yet they are still acquiring and they can’t give out.

Greed is one level of Danger. When you move from the church to the circular world, I never know how Greed has eaten the fabric of Nigeria until the current Government came in.

I have my reservation for their fight for corruption and I think they have made some bold steps in exposing certain cankerworms in our nation where certain minority have become very rich to the detriment of certain majority. This is all because of Greed.

Where a single Individual builds houses everywhere, yet you cant live in this houses you have built or bought. It is in this dispensation that we see people burying money in farms, Soak away And other unlikely places.

You just need to go out and see how people are suffering:no food to eat while some little minority have improverished this nation , taking our oil money and put them in their pocket but still visit churches and mosques. I feel its a failure of spiritual leaders , be it Christians or Muslims from the altar and that is why when we say charity must begin at home it has to begin with our religious institutions.

We live in a nation where pastors build schools their pastors cant even afford yet they get the tithe and offering from the church. I feel it is corruption on its own when we build schools, university that pastors cannot attend. Even their children and members cannot attend.

I feel its absolute corruption. If we must fight corruption it must start from our religious institution.

I have seen a lot of Muslims flying private jet, there’s nothing bad in it but the problem is how did they get the money. They were ex politicians. So how much was their salary as Governors, Senators that they have such.

I have my reservation in the fight for corruption. It is not holistic. It is one sided and that isn’t what we need at this time. I will throw more accolade to the present regime for the bold step to fight corruption because everybody now seems to be careful. Some people can’t take their money to bank , some are afraid and that is to show that the battle against corruption is taking a new dimension ,a new pace and a new view. Still I feel it is corruption itself when a leader is voted into power, to be in power for four years and he or she has made vows to the citizens that he will do some certain things, You will give free meal, give people money and while you haven’t delivered such promises, you have started thinking of contesting for the next election, it is corruption itself,if we must fight corruption, we must come with pure hand and make sure our heart merges with what we are promising. There is corruption everywhere, I’m yet to see an holy angel that will really fight corruption the way it should be but we want to thank God for the steps this current regime is taking but I still say if everybody from a particular party are corrupt and some people in a particular party are not corrupt, it is corruption itself when the battle is one sided. The root of all this is greed and may God help us from this greed that has eaten up the fabrics , everywhere, Greed! It is corruption to take oil from certain place and feel that they don’t have a right to demand for equity, justice and total balance, it is corruption. I think the battle against corruption hasn’t been defined properly. That is why there is restlessness, so much agitation and struggle until we all come to a drawing board to be realistic to ourselves. It is corruption itself when I’m elected and I elect people from my tribe to fill all the position, and neglect people from other place’’

Business

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Published

3 days ago

February 19, 2026

Sahara Weekly

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.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

Bank

Alpha Morgan to Host 19th Economic Review Webinar

Published

4 days ago

February 18, 2026

Sahara Weekly

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.

Business

GTBank Launches Quick Airtime Loan at 2.95%

Published

5 days ago

February 17, 2026

Sahara Weekly

GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

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