Connect with us

Business

”You will die if you don’t revoke the Anti-preaching bill” – Apostle Suleiman warns El-Rufai

Published

on

sulleel-rafiu

 

 

Few days after Kaduna state governor, Nasir El Rufai, forwarded a bill to the state House of Assembly, stating that religious leaders in the state will have to obtain a one year license to preach in the state, an Edo state based pastor and the Senior Pastor of Omega Fire Ministries (OFM), Apostle Johnson Suleiman, called on the governor to revoke the bill now or die.

According to Suleiman, El Rufai has no right to regulate the activities of religious leaders when he has not regulated the activities of traditionalist in the state. He said before he, El Rufai, became governor, they were men of God and that they will still remain men of God when he leaves office.

“I want to warn the governor of Kaduna state. Many times I have read in the papers how he abused Jesus and Christians came after him. He said that they are joking that nothing can happen. I am talking to you, Kaduna Governor. Listen, I am not against sanitizing a state but you say people should get licence for preaching; it is not applicable in Nigeria. Even a herbalist does not get a license for practicing herbalism. When you say license for preaching, then you are standing against the constitution that says freedom of worship. I have no problem, we can test powers now. There are certain laws that cannot happen in this country. Not when Nigeria is under God. If need be, over this matter, heaven will intervene. I am saying this specifically to the executive governor of Kaduna, revoke this law or die!”he said

Read what the bill is about below…

The Religious Regulation Bill, designed to replace the Religious Regulation Edict of 1984, is geared towards regulating Christianity and Islam as it seeks to create an inter-faith Ministerial Committee to be appointed by the governor and exercise control over Jama’atu Nasril Islam, JNI, and the Christian Association of Nigeria, CAN. Highpoints of the bill include:
*The ministerial committee shall issue licenses to religious bodies.
*Without such licenses, you cannot preach.
*No external preacher can preach in Kaduna without a permit.
*The committee has the power to refuse to issue licenses No criteria are given as to what will qualify one to have a license issued to him or for one to be denied a license.

The bill empowers JNI and CAN to keep records of churches and mosques including data of preachers. The law criminalizes the use of religious CDs, flash drive and other communication gadgets except in churches, mosques or other places of worship or personal houses. The implication is that you cannot listen to Christian tapes in your car or at any place except your house and in a church.

If you preach without a license, you are guilty of an offence punishable by two years imprisonment. If you hold any Christian gathering even in a church and use loud speaker (microphone) after 8.00 p.m, you are guilty of an offence punishable with two years imprisonment.

If you listen to a message in your car, you are guilty of an offence punishable by two years imprisonment. If you hold a crusade or any programme or any other kind of programme and use a loudspeaker at the said programme as long as it is not a church, you are guilty of an offence punishable by two years imprisonment.

The bill criminalizes the abuse of religious books and makes it punishable by two years imprisonment. (It does not define what ‘abuse of religious books’ mean. It criminalizes the use of derogatory terms in describing any religion and makes it punishable by two years imprisonment. It does not define what ‘use of derogatory terms in describing any religion’ means.)

Every preacher will have to obtain one year license (renewable every year) or risk two years imprisonment. If you invite any external preacher (i.e. preacher from outside Kaduna State), such a person must be licensed for the duration of his/her stay and the body issuing the license has the right to reject the external preacher if it feels he is not qualified to preach in the state.

Business

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Published

on

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.

 

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Continue Reading

Bank

Alpha Morgan to Host 19th Economic Review Webinar

Published

on

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.

Continue Reading

Business

GTBank Launches Quick Airtime Loan at 2.95%

Published

on

GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

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

Continue Reading

Cover Of The Week

Trending