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 Nigeriaโ€™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 Nigeriaโ€™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. Nigeriaโ€™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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Federal Government Restates Commitment to Improving Business Environment Through Policy Reforms

Federal Government Restates Commitment to Improving Business Environment Through Policy Reforms

By GLEBM News Desk The Federal Government has reaffirmed its commitment to policy reforms aimed at improving Nigeriaโ€™s business environment and strengthening private sector confidence. The Federal Government has reiterated its commitment to strengthening Nigeriaโ€™s business environment through sustained policy reforms targeted at improving corporate confidence, regulatory efficiency, and private sector participation. Officials of the…

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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 Thursdayโ€™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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Nigeriaโ€™s Labour Market Shows Early 2026 Job Gains as Employers Expand Hiring

Nigeriaโ€™s Labour Market Shows Early 2026 Job Gains as Employers Expand Hiring

By Darasimi Kikelomo Nigeriaโ€™s labour market shows expanding job opportunities in early 2026 as employers solidify hiring in financial, tech, and services sectors, reports show. Nigeriaโ€™s labour market is showing signs of strengthening in early 2026, with employers reporting broader hiring activity across key sectors including financial services, information technology, and professional services. Labour analysts…

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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 Josephโ€‘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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SEC Signals Tougher Market Oversight in 2026 Following New Investments and Securities Act

SEC Signals Tougher Market Oversight in 2026 Following New Investments and Securities Act

By GLEBM News Desk Nigeriaโ€™s SEC says it will step up enforcement in 2026 under the new Investments and Securities Act to curb market abuse and strengthen investor confidence. The Securities and Exchange Commission (SEC) has announced plans to intensify enforcement of capital market rules in 2026, following the enactment of the Investments and Securities…

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NERC Flags Power Debts as Benin, Togo, Niger Owe Nigeria Over โ‚ฆ25bn; Ajaokuta Steel Bills Hit โ‚ฆ1.03bn

NERC Flags Power Debts as Benin, Togo, Niger Owe Nigeria Over โ‚ฆ25bn; Ajaokuta Steel Bills Hit โ‚ฆ1.03bn

By Raymond Akorede NERC says Benin, Togo and Niger owe Nigeria over โ‚ฆ25bn for electricity, while Ajaokuta Steel and its host community owe over โ‚ฆ1.03bn. Nigeriaโ€™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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