Business
UBA Rewards Loyalty as Customers win N16.6m in Super Savers Promo
UBA Rewards Loyalty as Customers win N16.6m in Super Savers Promo
Africa’s Global Bank, the United Bank for Africa (UBA) Plc, has rewarded its loyal customers in the just concluded UBA Super Savers draw, giving out a total of N16.6m in cash prizes.
The computerised draw held at the Tony Elumelu Amphitheatre at the UBA Head Office on Friday, was witnessed by members of the press as well as representatives of the National Lottery Regulatory Commission (NLRC) and the Consumer Protection Council (CPC).
A breakdown of the prizes comprised 12 new millionaires who won a total of N13.2million; 1 person got N500,000; 20 Bumper Account holders smiled home with N100,000 each totalling N2million; 10 Savings Account customers were lucky to win N1million totalling N10million; and 5 NextGen customers will get N15,000 per person every month for a year, totalling N900,000.
For the Bumper account draw, Elisha Zari Yusuf, a UBA Bumper account holder, emerged winner of the N2m prize; Naomi Ogoma Aba, another loyal customer of the bank won N1.2m; while Veronica Misimawu Logbo, was rewarded with N500,000 at the draws.
The 20 winners of N100,000 each were: Oluchukwu Philomena Aliuna; Olewu Stella Chinyere; Sola Friday Bamidele; Sarafadeen Emitomo Sunkanmi; Jamila Usman; Rabiu Ibrahim Mahammed; Fine Ughelli; Anietie Sunday Akaninyi; Gloria Folake Oteji; Rabiu Ahmed Imam; Prestige Chukwuemeka Chima; Ifeanyi Okechukwu; Titilayo Mufutiat Leyeni; Aminat Abisola Adenusi; Nasir Umar Ismail; Musa Salisu; Chibueze Emeka; Ali Isla; Onireti Babatunde Charles and Ayoola Daniel Oyemomilara.
In the case of the UBA Savings account holders, the following customers got lucky and were thankful to the bank for what some of them described as ‘a life changing opportunity’. They are: Thecular Uchechi Ibekwere; Gabriel Okeke; Yemi C Adeniran; Adeniran Rauf Akinade; Samuel Mercy Kumpes; Isah Shuaibu; Adewale M Olayiwola; Kingsley C Nnaka; Anene Dubem and Ugbede Z Muhammed, with each of them winning N1million
In addition, each of the following five NextGen account holders; Ramotu Momodu; Oluwatomiwa Abigeal Ogunsanu; Iliyasu Abdullahi Abdullahi Ibrahim; Emediong Ime Asuquo and Esther Benjamin were winners of N15,000 monthly stipend for a period of 12 months
When contacted over the phone, one of the winners, Emediong Asuquo, expressed gratitude to the bank for the prize, adding that she was very excited, “I am very happy, thank you UBA for this amazing gift. This is very thoughtful coming from the bank at this time, and would go a long way in impacting my life positively. I can only pray that the bank continues to soar,” she said.
UBA’s Head, Personal Banking, Ogechi Altraide, who congratulated all the winners after the draw, said the bank is all about putting smiles on the faces of its customers, while encouraging them to cultivate the culture of savings.
She said; “At UBA, we are all about encouraging our customers to imbibe the savings culture, to be able to achieve their dreams, while putting away something for the future. This time around, we have given away huge prizes as can be seen today; with the aim of appreciating our customers who believe in us and have trusted the bank with their funds.”
Altraide encouraged customers who did not win this time to get set for the next draws which will be announced shortly. “If you didn’t win today, there are more opportunities for winning; as UBA has monthly; quarterly and even targetted draws; and so, I advise new customers to quickly key in by dialling *919*20 to be qualified to participate,” she stated.
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 and Paris, 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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