NESG Unveils 2026 Macroeconomic Outlook, Calls for Consolidation of Reform Gains

NESG Unveils 2026 Macroeconomic Outlook, Calls for Consolidation of Reform Gains

By GLEBM News Desk The Nigerian Economic Summit Group (NESG) has officially launched its 2026 Macroeconomic Outlook Report, setting out its assessment of Nigeria’s economic direction following recent stabilisation reforms and outlining policy priorities for the year ahead. The report was unveiled in Lagos on Thursday, 15 January 2026, during a stakeholder engagement that brought…

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Nigeria Continues Economic Consolidation as Finance Minister Projects 4.7% Growth in 2026

Nigeria Continues Economic Consolidation as Finance Minister Projects 4.7% Growth in 2026

By GLEBM News Desk Nigeria’s Finance Minister says the economy will grow by 4.7% in 2026 as government focuses on consolidating reforms and delivering wider benefits to citizens. Nigeria’s economy is projected to expand by 4.7 per cent in 2026, the Wale Edun has said, as the government continues efforts to consolidate gains from structural…

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NGX Opens Thursday Session on Mixed Note as Investors Trade Cautiously

NGX Opens Thursday Session on Mixed Note as Investors Trade Cautiously

By GLEBM News Desk The Nigerian Exchange opened Thursday’s trading session on a mixed note as investors traded cautiously amid selective interest across key stocks. Trading on the Nigerian Exchange Limited (NGX) opened Thursday morning on a mixed note, with investors adopting a cautious approach in early dealings. Market activity in the opening minutes showed…

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Eko Disco Names Wola Joseph-Condotti Interim CEO as Utility Navigates Sector Reforms

Eko Disco Names Wola Joseph-Condotti Interim CEO as Utility Navigates Sector Reforms

By GLEBM News Desk Eko Disco has appointed Wola Joseph-Condotti as interim CEO, tapping deep institutional experience as the utility responds to regulatory and transition pressures. The Eko Electricity Distribution Company (Eko Disco) has appointed Wola Joseph‑Condotti as Interim Chief Executive Officer, positioning a long-serving executive to steer the utility through a demanding phase for…

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Global Markets Advance as Asian Stocks Rally on Technology Optimism

Global Markets Advance as Asian Stocks Rally on Technology Optimism

By Darasimi Kikelomo Global markets advanced on Tuesday as Asian stocks rallied on technology optimism, while investors awaited key U.S. inflation data. Global equity markets traded higher on Tuesday, 13 January 2026, as a strong rally across Asian markets lifted investor sentiment and set a positive tone for global trading sessions. According to Reuters, Asian…

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NERC Flags Power Debts as Benin, Togo, Niger Owe Nigeria Over ₦25bn; Ajaokuta Steel Bills Hit ₦1.03bn

NERC Flags Power Debts as Benin, Togo, Niger Owe Nigeria Over ₦25bn; Ajaokuta Steel Bills Hit ₦1.03bn

By Raymond Akorede NERC says Benin, Togo and Niger owe Nigeria over ₦25bn for electricity, while Ajaokuta Steel and its host community owe over ₦1.03bn. Nigeria’s power sector revenue challenges deepened in the third quarter of 2025 as unpaid obligations from both domestic and international customers persisted, according to the Nigerian Electricity Regulatory Commission (NERC)….

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FirstBank Advises SMEs to Prioritise Cash Flow to Improve Access to Business Loans

First Bank Economic Outlook Forum Frames Resilience as Core to Nigeria’s 2026 Growth Path

By Raymond Akorede First Bank of Nigeria Limited has outlined resilience, policy consistency, and private-sector leadership as central pillars for Nigeria’s economic progress in 2026, following deliberations at its 2026 Economic Outlook Forum held in Lagos. According to Premium Times, which reported the event on 7 January 2026, the forum brought together economists, bankers, policymakers,…

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Nigeria’s Disinflation Trend Opens 2026 Economic Window, but Structural Risks Persist

Nigeria’s Disinflation Trend Opens 2026 Economic Window, but Structural Risks Persist

By Darasimi Kikelomo Nigeria’s recent slowdown in inflation has opened a narrow but critical economic window for policymakers, businesses, and households entering 2026, although economists caution that the gains remain fragile and highly dependent on sustained reforms. According to an analysis published by BusinessDay on 7 January 2026, Nigeria’s inflation trajectory has begun to moderate…

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Ecobank Nigeria Completes Early Repayment of $300m Eurobond

Ecobank Nigeria Completes Early Repayment of $300m Eurobond

By Raymond Akorede Ecobank Nigeria Limited has completed the early repayment of bondholders who validly tendered their notes under its $300 million Eurobond programme, ahead of the bond’s February 2026 maturity. The bank disclosed this in a statement issued on Tuesday, confirming the successful conclusion of its liability management exercise designed to optimise its balance…

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European Stocks Poised for Gains as Global Market Sentiment Improves

European Stocks Poised for Gains as Global Market Sentiment Improves

By Darasimi Kikelomo European equities are set to open higher today, reflecting improving global market sentiment and renewed investor confidence across major regions. Early market indicators point to a positive start for key European indices, following gains in Asian markets and a firm overnight performance on Wall Street. Investors appear encouraged by easing risk perceptions,…

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