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Richard Pryor’s Daughter Visits Nigeria, Launches Multimillion Dollar Film Project
Richard Pryor’s Daughter Visits Nigeria, Launches Multimillion-Dollar Film Project
A list Actress, Rain Pryor and Daughter of late Legendary Hollywood actor/stand-up comedian, Richard Pryor, recently visited Nigeria to announce plans to launch a groundbreaking multi-million dollar film project in collaboration with Nigerian producers.
Acclaimed Nollywood actor and star of Netflix movie, Elesin Oba, Odunlade Adekola will be starring alongside major Hollywood actors in a movie that will bring together both cultures. Pryor says she was excited to have Odunlade as a lead actor after watching many of his films and seeing his range of abilities.
“I am a fan of Nollywood, so in the last year and a half, Nollywood has flooded the United States through Netflix and other streaming platforms. I have watched King of Boys, Jagun Jagun and other titles and I have watched Odunlade, his range of abilities and what he can do. My observation is that he possesses what is needed for the character of Oba Fagbemi in the coming film and that was why we chose him,” Pryor explained.
Pryor is currently working with Bola Atta and Chike Nwoffiah, a Nigerian filmmaker and arts consultant on the film project. Whilst Pryor takes on the dual roles of director and Executive Producer, Atta and Nwoffiah are Executive Producers of the film project.
On the inspiration behind the project, Pryor said, “What prompted the story was my family. I have a family that is rich in tradition and culture and when I travelled to Nigeria to learn about the Yoruba culture, predominantly Ifa, I thought how can I bring together, Nigerian and black Americans to create something that is a mixture of Hollywood and Nollywood. My father, who was a late popular comedian and actor, made profound changes in his life when he came to the African continent and felt that he found his soul and himself and here I am doing the same thing and finding my place.”
Atta and Nwoffiah disclosed that the high budget multi-million dollar film project is in the pre-production stages and will begin filming in 2024 with the film set for a 2025 release. Atta also said that the film will be shot in Osun and Lagos state, Nigeria as well as the state of Maryland in the United States of America.
The project focuses on the history and culture of African-Americans and Africans worldwide, tracing their roots back to Nigeria. Rain Pryor, who is an actress and entrepreneur, is not only bringing Hollywood and Nollywood together but also promoting tourism and cultural exchange between Nigeria and the United States.
The 54 year old who said she is enthralled with the Nigerian culture, which informed why she adopted the Yoruba name, Osunyemi Oriomodun said she is fascinated by the beauty and richness of African culture looking at the nexus between the religion of the people and its essence.
“You can’t really tell the story without being where the story originated from and that is why I am in Nigeria and have visited different cities including Ile Ife known to the Yoruba as the source.
Pryor said her ultimate goal is to ‘go home, go to motherland, come to Nigeria, and your roots. Immerse yourself in the culture because no one has yet done an International Film of this magnitude between Hollywood and I believe that it will get people excited in the States to say let’s go to Ngeria. Let’s see what it’s about”
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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