Business
Rocsol Foods Launches New Product
Rayna Oat Limited, a subsidiary of Rocsol Investment Limited is expanding its horizons into the food and agriculture industry with the launch of its flagship product, Rayna Roasted Oat Flour.
Rayna
Oat Flour comes in a re-sealable pack of 1.5kg and 750g which is to be sold at
N1, 400 and N700 respectively with a life span of 18-24 months and duly
certified by NAFDAC.
At the Distributors Business Forum organised by the company, the Acting
Managing Director, Rocsol Foods, Joseph Igori described the new Oat Flour as a
premium product and the finest product ushered into the market in terms of
value for price; birthed after years of planning, research, design and
therefore urged distributors, marketers, eateries, hotels and consumers to
immediately key into it.
Speaking
at the product launch in Lagos with marketers and distributors, Joseph Igori
explained that Rocsol Investment Limited is known for many things which
includes Construction, Road Surface marking, Traffic Safety Signs, Technology,
Real Estate, Power and Mining. The company has taken the bold move to diversify
into other sectors like agriculture and food by bringing Rayna Roasted Oat
Flour to the market with the aim of providing healthier options to “the daily
nutritional needs of the consumer”.
He said:
“We’re an investment company and we take into opportunities when we see
it.
“The launch of Rayna Roasted Oat Flour is not just about making money; as
a business enterprise, we also aim at creating value and giving society the
best product. The decision to deal in Oat is hinged on the health benefits it
gives to our consumers and the general public.
“And the partnership we are forming with our distributors is to ensure we
have a means of creating work for other people as well, so it’s a two pronged
system we are running here, we are creating value for the consumers and then
creating convivial atmosphere for our partners to operate.
“What we bring into the market is a premium product selling at market
value price. It is like we are bringing Mercedes and selling it to you at a
Toyota price. We’re bringing in the best product to the market in terms of
value for price.
“It all began in year 2014 but major plans of creating this product
started in 2017, the product planning stage, the designs and qualities of the
product itself show the time we have spent planning Rayna Roasted Oat Flour.
“We have had challenges which are peculiar to Nigerian business
environment such as disappointment from vendors, pricing, logistics, staffing
and funding.
“I don’t see any other competition at the moment but we will keep a closer
look at the market, we don’t expect to dominate the market today or tomorrow
but we will break through and dominate the market just the way we’ve grown our
other businesses.”
Also commenting on the unique features of Rayna Roasted Oat Flour, the Chief
Operating Officer, Bukola Adedigba said:
“Rayna Roasted Oat Flour is a premium food product made from whole grain
oats.
“We have packaged Rayna Roasted Oat Flour to make sure it is free of any
sort of contamination that may arise especially for those having allergies. So,
what we have is premium soluble fibre oat that is not mixed with any other
ingredient; the product is roasted and can be used for multipurpose – you can
use it for anything; to cook, bake, as a thickener and as your swallow.
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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