Business
YORUBA Movie Producer, LOLA AJIBOLA builds Multi-million naira house in Ijebu-ode, plans to wed soon
Next month, the entire Yoruba movie industry will be moving to Ijebu-Ode to honour one of its own Lola Ajibola, a popular movie producer who has just completed her new house.
She has been working round the clock for the past few weeks to open her new mansion this coming Ileya. For those who don’t know her, lets quickly tell you that Lola is one of the serious producers in the industry who has produced so many movies within her short career in the industry.
She is also planning to marry soon. She told a popular magazine in Nigeria that her decision to get married will slow down her involvement in the movie industry. “I am likely to slow down because I really want to have more time for my husband. I want to have a happy home. So, I am really planning to start producing alone. I no longer act. I no longer go to locations again. All I do now is to produce”.
When Lola Ajibola was asked to talk more about her marriage, she said, “my marriage is coming soon. I don’t want to mention date for now”.
She was asked about her new house. “Its Gods doing and it is marvelous in our sight”, she explained. “Its so big that I could not believe I could build something so big and massive like that. At times when I get there I always ask myself is this really my house? I thank God”.
She has lived all her life in Ijebu why did she not relocate to Lagos all these while? “Its because I am an Ijebu girl. I was born and bred in Ijebu. I spent all my life in Ijebu. I can’t stand the traffic in Lagos. I can’t cope with all the hustle and bustle. I have a house in Lagos in Ibeju Lekki but I can’t stand the traffic, that was why I decided to stay over in Ijebu. My husband lives in Lagos so I always go over to Ijebu from Lagos. These days I stay in Lagos more than Ijebu. I am relocating to Lagos soon to stay with my fiance”.
What gets her excited is when you talk to Lola about the movie industry where she plays big. She is a movie producer and she has produced many movies. Since 2010 when she dabbled into it. I produced my first job in 2011. Its called Omoba Debola from 2010 to now I have about 8 movies. They are Omoba Debola, Talopa Mummy, Onje Ale, Omo Ijebu, Ile Iku, Anifa and Morufa. This last one Anifa and Monifa is yet to come out. We are still working on it”.
What was the attraction that the movie industry had for her when she moved in 6 years ago? “I got into this industry through a friend of mine Dele Ogundeipe. I met him when I came back from Dubai in 2010. And he came to my shop to buy something. He said my action is very real why don’t I join movie industry. When I was still working in Osu all my colleagues, my boss, they all said Lola, its better you start acting ooo, because from your character, your attitude you are supposed to be in the movie industry.
I once worked at Olabisi Onabanjo University Then, I was in the Library Department. I now asked that Uncle how much am I going to spend on the movie. He calculated the amount and I started the project. How did she start off? Was it as an Actor or Producer, “I started as a Producer, it was in 2011. The job is Omoba Ademola. It was a very big project. I am a Producer. I don’t always go to location unless I have a movie to produce. I am a business woman. I have a shop in Ijebu-Ode.”
How come she is in love with Ijebu? “Its because I was born and bred in Ijebu. I am from Ijebu-Igbo. I had my Primary School in Ijebu Igbo. I went to Abusi Edumare Academy for my Secondary School education. I now joined one of my aunties in Lagos and I learnt how to sell clothes. After spending some months with her, I had to go back to Ijebu to further my education. I went to Olabisi Onabanjo University. I studied Business Admin. Since then, I have continued to live in Ijebu and when those in the movie business come to Ijebu to act I always help them out. I am the No 1 person they will call.
I will then look for a good location for them”.
How many movies has she acted in? “A lot. Most of those I know in the movie industry always want me to act in their movies like Iya Ereko, Dayo Amusa (who is my best friend). Yinka Quadri will call me. Even abroad. I am planning to produce an English movie soon.
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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