Business
Stanbic IBTC Pension Managers Unveils FUZE Talent Show 2.0: Cultivating creative excellence in Nigerian youths
Stanbic IBTC Pension Managers Unveils FUZE Talent Show 2.0: Cultivating creative excellence in Nigerian youths.
Stanbic IBTCPension Managers, a subsidiary of Stanbic IBTC Holdings, has unveiled the highly anticipated second season of its transformative initiative – FUZE Talent Show.
Building on the success of the inaugural season, FUZE Talent Show 2.0 is set to ignite the talents and aspirations of Nigerian youths once again.
The FUZE Talent Show initiative is evidence of Stanbic IBTC Pension Managers’ commitment to fostering creativity and innovation as the organisation invites young talents aged 18 to 35 to showcase their brilliance across diverse artistic domains, including music, dance, fashion, technology, and innovation.
The inaugural season of the FUZE Talent Show which took place in 2022 had over 7,000 participants and captured the hearts and imaginations of over 2 million viewers from all parts of Nigeria. It culminated in an electrifying grand finale and concert: the FUZE Festival, during which winners were announced.
The FUZE Festival took place in December 2022 with amazing performances from some of Nigeria’s best music talents and had over 8,000 guests in attendance. It featured an incredible array of experiences including music, fashion, food, art and other fun activities for all attendees, thus demonstrating its impact on the country during the festive season.
As Season Two rolls in, prospective participants are invited to embark on an exhilarating journey by registering for FUZE Talent Show 2.0. The digitally-led audition process is as easy as it is engaging – participants only have to download the Stanbic IBTC Events App from the Android or iOS store, complete the registration form and submit a one-minute video showcasing their talent. Notably, the audition process is completely free.
Olumide Oyetan, Chief Executive, Stanbic IBTC Pension Managers expressed delight, remarking on how FUZE has emerged as a premier platform for young creatives to captivate audiences, establish connections, and cultivate partnerships within the dynamic creative sector. He highlighted that FUZE reflects the vibrant Nigerian culture across various artistic forms, catalysing and elevating the nation’s creative landscape.
Nike Bajomo, Executive Director, Stanbic IBTC Pension Managers warmly invites young Nigerians to participate in the event. Emphasising the cost-free nature of the audition process, she highlights the core ambition of FUZE Talent Hunt 2.0 – providing a supportive platform for Nigeria’s talented youths to learn, network and access critical resources that will fuel their aspirations. She said “through this platform, we seek to inspire, uplift and propel the next generation to achieve their dreams”.
The announcement of the FUZE Talent Show winner will take place at the eagerly awaited FUZE Festival which is scheduled to take place on 23 December 2023. With a grand prize of N32 million up for grabs, participants stand to receive industry acclaim as well as invaluable mentorship to accelerate their careers.
Join Stanbic IBTC Pension Managers in celebrating the boundless creativity and limitless potential of Nigeria’s emerging talents at FUZE Talent Show 2.0. For detailed information about FUZE Talent Show 2.0 and the upcoming FUZE Festival, please visit www.stanbicibtcpension.com.
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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