Business
UBA Gives Customers December to Remember
UBA Gives Customers December to Remember,
…Doles out N36m IN Super Savers Draw
In line with its usual custom of rewarding loyalty especially during the yuletide season, Africa’s Global Bank – United Bank for Africa (UBA) Plc- has rewarded its loyal customers in the just concluded UBA Super Savers Draws giving out over N36million in cash prizes.
The winners were announced following a highly transparent draw which held at the Tony Elumelu Amphitheatre, UBA House on Thursday, and was witnessed by members of the press as well as representatives of the Federal Consumer Protection Council (FCPC) and the National Lottery Regulatory Commission (NLRC).
A UBA Bumper account customer, Fabian Matthew Okon, copped the biggest prize of the day as he won the N10m jackpot, while Abiodun Joseph Aduramigba, emerged winner of the N5m star price for the day. Kahalla Mohammed was the lucky winner of the N1.8m rent for a year cash prize.
Ten lucky savings/current account holders: Emmanuel Onyeka Ozoude; Nneka Ali Ologwu; Juliana Obioma Idoko; ThankGod Gagbe; Babayo Dahiru; Ahmad Hamza; Wisdom Otaghogho; Ecdelson Chukwuamaka Amusa; Genom Isaac Jibrin and Atimanu Eunice Bala, emerged lucky winners of N1m each; while Monica Onuzurike, a bumper account holder carted N500k shopping voucher.
In another category; 15 Kidddies and Teens account holders: Giovanni Chidera Ikwuagwu; Brinemigha Prince, Prezide; Oguzie Ugonna Mitchell-Chris; Chimamanda Chikamso Samuel Louis-Okafor; Oyebola Jayden Okikiola; Ugomsinachi Emmanuel Obiegbunam; Bonaventure Odira Udoyibo; Jayden Obehi Lucky; Chimdiebube Joan Ugoma; Isaac Ibrahim; Emmanuel Dominion Innocent; Daniel Tamarakuro Oyadonghan; Ayibanugha Lawson; Muhammad Mohammed Murtala and Abdullah Ndanusa Abdulkadir were each rewarded with N200,000 each.
On the other hand, Onyinyechukwu Perpetua Okechukwu; Chinenye Christiana Ukaobasi; David Ayomide Olarewaju; Malik Olamide Mustapha; Mujaheed Abdulwahab; Grace Amarachi Nduka; Izoduwa Theophilus Umweni; Ibironke Mercy Temitayo; Fatima Bello and Sandra Luevese Akaahan were the 10 UBA Next Gen account holders who each won N180,000 pocket money.
The 35 winners of N100,000 each were: Lantyo Clement Aondohemba; Chibuike Godwin Oluchukwu; Sunday Miracle Ukah; Sonia Igho; Chukwuebuka Victor Wilfred; Friday Emmanuel Okon; Ajao Ramota Abiola; Comfort Ifeoluwa Jonathan; Abisoye Oluwakemi Agbeja; Kurah Rejoice; Rukkayya Ibrahim; Confidence Loveday; Gift Nke Yusuf; Salamat Onize Hadi; Hadiza Lawal; Stonia Oghenekevwe Ohwofa; Anthonia Adesua Ukazu; Alimo Ajoke Usman and Hassana Zubairu.
Others were Musa Abdulhamid; Paul Peter; Sarah Olabanke Olawunmi; Do-Ere Ekpe; Nduka Paul; Ijeoma Loveday Ndumechi; Idris Muhammed; Chinonye Christabella Olumba; Ossai, Josephine Oluchukwu; Gift Rhoda Adode; Felix, Felicia; Nwakaego Sunday; Okwudiri Victor Nwankwo; Peter Enyo-Ojo Alfa; Blessing Damilola Alao and Gbolahan John Ayanlowo
When contacted over the phone, the N10m jackpot winner, Fabian Matthew Okon, expressed gratitude to the bank for the prize, adding that he was very grateful. “Thank you UBA, I am very happy” he said.
UBA’s Head, Retail Banking, Prince Ayewoh, who congratulated all the 74 winners after the draw, encouraged other people to keep on saving so they could be winners in the next edition.
He said; “At UBA, our customers are at the heart of everything we do, which is why in the midst of the current financial terrain, high cost of living and reduced income, we chose to reward 74 people today and we will keep rewarding you every month. The Super Savers Draw is not just a moment to reward our savers; it’s a celebration of the strong bond that we share with you.
He disclosed that the bank will be embarking on new ventures and initiatives aimed at enhancing customer experience in 2024, as he asked them to anticipate a range of innovative products, improved services, and exclusive offerings crafted specially to address your evolving needs, especially for the senior citizens.
United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than twenty-five (25) million customers, across 1,000 business offices and customer touch points in 20 African countries. With presence in New York, London, Paris, and Dubai, UBA is connecting people and businesses across Africa through retail, commercial and corporate banking, innovative cross-border payments and remittances, trade finance and ancillary banking services.
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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