Business
Stanbic IBTC celebrates its gender-balanced workforce, pledges to maintain it
Stanbic IBTC, a member of Standard Bank Group, has again highlighted its resolve to maintain a gender-balanced workforce to ensure it continues to provide quality financial services to clients and Nigerians. The pledge was given at the 2019 Stanbic IBTC Blue Women Network (BWN) fifth anniversary event held in Lagos. The BWN, inaugurated five years ago, has consistently organised the BWN event to commemorate the yearly International Women’s Day (IWD) celebrations. The 2019 IWD theme, “#BalanceForBetter” wasa significant opportunity for Stanbic IBTC to celebrate its gender-balanced workforce and its efforts to promote a gender-balanced workplace in society.
The Chief Executive, Stanbic IBTC Holdings PLC, Mr Yinka Sanni, in his opening speech at the BWN event, said Stanbic IBTC is proud to showcase not only its equal opportunity policy, but also its efforts to promote a gender-balanced workplace in society. “In our 30-year history, we have always insisted on equal opportunity. We have also continued to lead the charge in empowering women. This gives me joy and is something that we are fully committed to as an organization,” Sanni said.
According to the CE, “I am pleased to let you know that Standard Bank Group has recently joined hands with ‘HeForShe’ (UN Women Solidarity Movement for Gender Equality). Our Group Chief Executive, Sim Tshabalala, is amongst other African leaders who have already signed up as a ‘HeForShe’ Impact Champion.” On March 8, the official International Women’s Day, Stanbic Bank made a bold statement by changing the colour of its logos from blue to magenta, colour of the UN Women HeForShe brand, on the vast majority of its digital platforms, he added.
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The Stanbic IBTC Blue Women Network is a platform established to provide the women in Stanbic IBTC the opportunity to engage and share knowledge/information among themselves and in the process gain new insights that will enhance their professional skills.
In line with the balance theme, Founder/CEO of Channels TV, Mr John Momoh, and the Executive Secretary, Nigerian Investment Promotion Commission, Mrs Yewande Sadiku, who was an ED in Stanbic IBTC before joining government, acted as resource persons for the event. Momoh narrated how he started Channels TV with his wife and how his equal opportunity policy has helped to catapult the TV station to the top of the pile in television programming. Sadiku drew on her over 21-years of work experience with Stanbic IBTC and how she was never discriminated against based on her gender to encourage members of the BWN, especially the young ones, to remain hard working, dedicated, focussed, and creative in their duties. She urged them to take advantage of the opportunity provided by Stanbic IBTC to advance their career while admonishing them not to use their gender as an excuse to be sloppy at work.
The chairperson of BWN, Nike Bajomo, who is an executive director, said women have a duty to be diligent at work and be positive about career growth, otherwise, the famed glass ceiling will limit advancement. “I urge you to do your bit to ensure that the future for the female folk is positive, equal, safe and fulfilling. I don’t see glass ceilings preventing me from attaining success. If you do, then you are getting in your own way,” Bajomo said.
The 2019 edition of the Blue Women Network magazine was officially unveiled at the event. The BWN is an initiative of Stanbic IBTC – with a focus on deliberately driving career growth and development of Stanbic IBTC women.
In a show of its commitment to gender equality, Stanbic IBTC made a bold statement on the International Women’s Day (March 8) by changing the colour of its logos which are predominantly blue, to magenta on most of its digital platforms. Magenta is the colour of the UN Women ‘HeForShe’ brand.
As part of activities to mark the IWD 2019, the Stanbic IBTC Blue Lab, which has as one of its mandate the task to build affinity within the technology ecosystem through events targeted at building capacity/providing insights, hosted a panel discussion session tagged ‘Women in Tech’ on Saturday 16 March 2019. The event provided a veritable platform for the financial institution to educate young females who work in technology field through the experiences and career learning of select speakers. On the panel were Helen Udoh, Head, Quality Assurance and Software Testing, Stanbic IBTC, Amaka Nwosu, Head, Mobile Channels and Acquiring, Stanbic IBTC, Temidayo Ominiyi, Head, Product Assurance and Customer Care, Stanbic IBTC, and Foluso Gbadamosi, Director, Product Business Process and Technology, Prime Atlantic Group.
Bridget Oyefeso-Odusami, Head, Marketing and Communications, Stanbic IBTC, in her opening address, stressed the importance of women supporting each other and creating balance in the workspace. The well attended session was both engaging and inspirational.
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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