Business
‘There is no white cow in covenant University, my adopted son was sent off for one year’ – Bishop Oyedepo
The heartbeat of the Chancellor, Landmark University, Dr David Oyedepo, for exhibiting excellence in human endeavors is palpable. His well-articulated ideas towards achieving the excellent feat are golden and as convinc- ing as ever, notable of his erudite mien. Unmistaken is his passion for the transformation of humanity in alignment with the precept of God.
He is frantic in his commit- ment towards creating platforms for generating solutions that are requisite for improving the educa- tional landscape of Nigeria and the continent of Africa. His quest for redeeming the image of the black race via development of leadership capacity and spearhead- ing of an agricultural revolution led to the establishment of Landmark University with a highly competi- tive learning environment for all students, who are groomed through the custom built programmes such as Total Man Concept, Towards a Total Graduate and Agripreneur- ship packages, the unique sell- ing points of the University.
Dr Oyedepo’s huge investments and impacts in this regard have offered students and Faculty ample access to the top-notch teaching and re- search facilities in the University that keeps receiving great acco- lades in her drive for a world class status. In this interview, the Chan- cellor bears his mind on why the Core Values of the University have essentially remained a remarkable force to be reckoned with globally and the undying quest for the reali- zation of the University’s agrarian mandate.
Excerpts: 1.
Interviewer: The seven Core Values of Spirituality, Possibility Mental- ity, Capacity Building, Integrity, Responsibility, Diligence and Sacrifice have remained major at- traction to the parents who have willingly sent their children and wards to the University. How do you plan to sustain these values in a changing environment that uni- versity education is facing with strong regulatory environment under which universities operate?
Chancellor: The Core Values were drawn from the background of the need to raise changed people who will change their world. We are poised to bring back to the fore the character di- mension of learning at the Univer- sity level, like we usually say they are found worthy in character and learning. There has been zero at- tention to character when we came onboard, so we needed to create a platform that helps enhance the character aspect of learning and it is showing today.
For instance, the Nigerian graduate report publica- tion ranked Covenant University Number One in the list of Nigerian Universities with the most employ- able graduates having 90% employ- ability rate. That is the effect of the Core Values, it helps to equip our students on the pathways of life so that they can be relevant to the so- ciety and I think we are achieving that.
There is a university in America where they have 16 of our gradu- ates undertaking postgraduate stud- ies and when Professor Okebukola went there on official functions, they said we have 16 Nigerians here and they are unique, their packaging, commitment and intel- ligence is unique, they said they are from one Covenant University, he said oh I am not surprised I am part of that University too. He was very proud of those children.
He gath- ered them together and had a chat with them because of the quality of training. The whole essence of what we are doing is to raise world changers who will first need to ex- perience the changes themselves. Leave God behind, you are empty, throw integrity to the trashcan, you are finished, lack sacrifice, you can- not be a successful leader; a sacri- fice gives his best and beyond his best to lead a cause in which he believes.
All those things are there to help equip the student to be relevant because relevance is key. You cannot be relevant and not be significant. What we are trying to do is to ensure that platform is cre- ated overtime and the same thing is taking place in here, Landmark University. Most institutions to- day now have Core Values.
They did not have any before, you just live anyhow and finish anyhow, if you finish, that is what we do with the Core Values. Examina- tion malpractice culminates in summary dismissal from our sys- tem, we cannot be raising people who will deal with corruption and are corrupt themselves.
Examina- tion malpractice at 500 level, no mercy! We are convinced that he has been doing it since 100 lev- el otherwise there would not be need to do it at 500 level, and we have a psychological basis for that.
There is no way you will go for ex- amination malpractice at 500 level in Engineering, if you have been passing your exams since 100 level. So we are also out to sanitize the intellectual platform of our na- tion.
I must say this; Governors have come to pick their children from our campus. The daughter of our first Vice-Chancellor was rus- ticated from the University for one year, my adopted son was thrown out for one year at Covenant, so there is no white cow in the system and that makes everybody shake and fear.
If I must mention it, one of our for- mer Presidents had a relation that had a son rusticated and called me, I said I am sorry, I do not get involved, please talk to the Vice- Chancellor. He said can I have his number, I said no and we are still friends. Because the moment you make rules and you abide by the rules yourself, everybody is forced to follow, and that is what we are trying to do.
We are in dire need of leaders in our country and we will be wishing till death until we start raising the kind of leaders we want by taking them through the princi- ple of this kind of training so that they can be there to effect changes.
Interviewer: A major indicator of success in the University administration is the degree to which it can at- tract and retain high quality Fac- ulty. What plans are on the way to achieve this feat in Landmark University?
Chancellor: The plans are obvious, let us maintain conducive atmosphere for learning and research.
Let us generate good comfort for faculty and staff. There is no system that does not have staff turnover; the rate may differ from one place to the other.
We are sensitive to the need of faculty and staff, so when they bring forth their needs we see which one can be addressed per time. We are committed to excellence; if you know how much your univer- sity spends on power, then you will know we are doing our best to keep life comfortable. We believe in re- taining faculty and staff because it empowers continuity and helps to encourage those who are com- ing behind that there is something good in the land that they can be partakers of.
Interviewer: We appreciate your commit- ment to the provision of first-class infrastructure in Landmark Uni- versity. Considering the mainte- nance culture in Nigeria, what strategies are in place for the sus- tainable maintenance of these in- frastructures?
Chancellor: We are not new as an organization to infrastructural development. One of the comments that NUC made in Lagos when they came for the verification visit for Covenant University was that they have been around for a week and they cannot pick a piece of paper on the floor, can this be Nigeria? We were in the slum as it were in Alimosho Area, Raji Oba.
I used the public toilet that they use there when I am hav- ing a programme, you find it intact. We are committed to continuous first-class maintenance of our in- frastructure.
At Covenant, we just invested about #380 million renovating staff housing that was completed last year. We are known for quality maintenance culture, you can be in Nigeria and not of Nigeria.
If you come to Faith Tabernacle on Sunday by 5pm you will not know anybody came there for worship with that multitude because the sanctuary keepers have invaded the whole place and tidy up every- thing, it looks like nobody has ever used the place.
We are very used to it and we want to continue to improve on it particularly on the approach. Poor workmanship is a major problem in our country and when the workmanship is poor, it tells on the maintenance.
Business
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.
Bank
Alpha Morgan to Host 19th Economic Review Webinar
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.
Business
GTBank Launches Quick Airtime Loan at 2.95%
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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