Business
UBA Strengthens Brand Affiliation on Nigerian Campuses, Unveils 30 Ambassadors
The United Bank for Africa (UBA) Plc has launched the second edition of its Campus Ambassador Programme with the induction of 30 new brand ambassadors.
The UBA Campus Ambassador Programme is an initiative to identify young emerging leaders among students of tertiary institutions and give them a unique and highly rewarding learning experience.
The 30 successful candidates were selected from over 300 students across tertiary institutions in Nigeria through a rigorous screening exercise in line with set criteria.
The colourful inauguration ceremony was held at the UBA house in Lagos on Friday, with Chuks Nweke, Executive Director, Group Chief Operating Officer, and other senior management staff in attendance.
“UBA is pleased to have you all on board as valuable Ambassadors who will help us propagate our goodwill messages, ethos, values and what we stand for as a bank, across your institutions,” Nweke said.
He further noted that the goal is intended to give students a platform to demonstrate leadership as well as build and instill the brand philosophy into the consciousness of youths.
According to Nweke, our bank is a bank with strong affiliation to youths, evident in the Bank’s scholarship and grants schemes through the UBA Foundation National Essay Competition amongst other educational initiatives.
He continued “We at UBA take youth development and engagement seriously, because we believe they are the future of Nigeria. For this reason, we decided to collaborate for the purpose of building their creative skills, leadership skills. It is the abilities that the students exhibited that influenced their selection. No doubt, they have the core values of Enterprise, Excellence and Execution that are dear to us. Starting from now, they are expected to try to exhibit the core values of UBA”.
He further said, this days, Life is tough. “We need people in who can exhibit those qualities, beyond what we’ve done, these are people we have seen leadership traits in. We will work with them to develop their leadership traits, creativity for the good of everyone”.
Also speaking, Mr. Tomiwa Sotiloye, Group Head, Retail & Consumer Banking, explained that, the 30 students selected are from 10 universities. The new ones among them are 25. We have five returning ambassadors from the pioneer set. He noted that among the 15 the bank decided to retain a few outstanding students.
He also stated that the programme is for six months – between now and September. “Starting from next session it will be one year because we have now aligned the programme to the academic calendar – not from January- December which gave us a lot of problems last year”.
“As part of our plans to bring them on board, from now we will take them on an intensive training. They will have specific projects which they will execute after which We will discuss the projects tomorrow. Also worthy of note is that they will get an opportunity for a one month paid internship at any of our branches. They will also get paid for this programme. And for them, a pathway has opened for employment in UBA”, he said.
He also charged them to be good leaders and positive influencers who should stand out by ensuring the bank’s reputation soars high in their respective campuses.
The 30 ambassadors, who are A-list students in their various institutions, include: Hassan Mahmud Balarabe, Ahmadu Bello University, Muftau Monishola Barakat, Ahmadu Bello University, Ibrahim Kamilu Muhammad, Ahmadu Bello University; Okara Daniel, Babcock University; Olujobi Adebayo, Babcock University , Romi Oghoghome, Obafemi Awolowo University; Ajisafe Mojolaadura, Obafemi Awolowo University; Barakat Tiamiyu, Obafemi Awolowo University, Ike Nathaniel C., Obafemi Awolowo University; Fadaini Asalewa Boluwatife , Obafemi Awolowo University; Jaja Queen Oko, Rivers State University; Wuche Jeremiah Chris, Rivers State University; Umeh Justice Frank, University of Abuja; Victor Isah Efekpo University of Abuja, Stanley Nnamdi Alieke, University of Benin; Rita Nkemdilim Okonkwo, University of Benin; Isaiah Confidence O, University of Benin, Ihechi Opara, University of Ibadan, Egbodofo Temitope Sunday, University of Ibadan.
Others are Chiamaka Uzokwe, University of Lagos; Olatunbosun Yetunde Anuoluwapo, University of Lagos, Fatogun Ayomiposi Oluwatoyin; University of Lagos, Nwajiaku, Vivian Nneka, University of Lagos, Winifred C. Mbanugo ,University of Nigeria, Nsukka, Ezeonu Tochukwu Edward, University of Nigeria, Nsukka, Charles-Onah Orlando C., University of Nigeria, Nsukka, Asimiea Ibioku, University of Port Harcourt, Manuel Dateim Ibikebobo, University of Port Harcourt; Beth-karibo Owen Tamunoibi, University of Port Harcourt, Benson Queen Chidinma, University of Port Harcourt
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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