Business
Real reasons we don’t want President Buhari in our land – IPOB reveals
The Indigenous People of Biafra, IPOB, yesterday, gave “incurable hatred for Igbo people” as one of the reasons why they do not want President Muhammadu Buhari in any part of South-East. They also alleged that Mr President always refused to take distress calls from governors of South East anytime they called him to respond to attacks and other misfortunes, perpetrated by his Northern brothers against Biafrans. IPOB in a statement signed by its spokespersons, Emma Nmezu and Dr. Clifford Chukwuemeka Iroanya, recalled that on June 22, 2016, Mrs. Bridget Agbahime, a 74-year old Biafran trader was beheaded at Kofar Wambai market in Kano by five Islamic fundamentalists, and there was no condemnation from Buhari or any of his acolytes.
IPOB statement entitled: “Why we do not want Muhammadu Buhari in Biafraland for now,” read:
“To make matters worse, the killers were freed unconditionally from detention on November 3, 2016 by a magistrate court in Kano presided over by Jibrin Muhammed.
Under the watch of Buhari, the case has been closed and the killers are free to go ahead and carry out more killings. “On April 25, 2016, 500 Hausa-Fulani terrorists, who go by the name “Miyetti Allah Cattle Breeders’ Association of Nigeria (Macban)”invaded Nimbo community in Uzo-Uwani Local Government Area of Enugu State and slaughtered Biafrans and burnt 11 residential houses and some churches. “Mr. President even refused to take a distress call from the Governor of Enugu State and till date, Buhari and his acolytes have not condemned the killings. We have to remind the public that Muhammadu Buhari is the official grand patron of Miyetti Allah Cattle Breeders’ Association of Nigeria, MACBAN. “Prior to that incident on January 5, 2016, Hausa-Fulani terrorists abducted the king of Ubulu-Uku Kingdom, His Royal Majesty, Akaeze Edward Ofulue III, and killed him in the forest. Typically, no words of condemnation came from Buhari and his acolytes and nobody was arrested and prosecuted.”
According to IPOB, “the reasons why we must march tomorrow in Enugu against Buhari’s coming are for the sake of our fathers and mothers who were killed, and children born and unborn ripped out prematurely from their mothers’ wombs; we march for the sake of our land and Nimbo community in Uzo Uwani of Enugu State. “Again, we must march for the sake of those killed in Aba on February 12, 2016; Onitsha, August 30, 2015; in Nkpor, 29th and those killed on May 30, 2016 and buried in a mass grave. “We also must march for the killing in Yenegoa, Bayelsa State; Igweocha, Port Harcourt, Rivers State; the killing in Gbaramatu, Delta State. His soldiers should kill all of us for the world to see and justify the Amnesty International reports on Biafrans. “In addition, we are going to march to prove to the world in general how they have been killing us in Uzuitem in Abia State and for the sake Gideon Akaluka, who was beheaded by Muslim fundamentalists in Kano State.”
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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