Category : Search result: FirstBank Nigeria Economic Outlook 2026


German Business Confidence Falls to 7-Month Low

German business sentiment dropped for a second month in December, hitting its lowest point in seven months. The industrial slump and weak Christmas sales signal a bleak economic end to 2025. Read more.

Pfizer Shares Fall on Weak 2026 Profit Outlook

Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.

NAHCON's 15 New Directives for 2026 Hajj Unveiled

NAHCON has released 15 new operational rules for the 2026 Hajj, affecting flights, group movement, and medical screening. Intending pilgrims must note these changes to avoid penalties.

FG Sets 2026 Budget Exchange Rate at N1,512/$1

The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.

OECD Raises 2025 Growth Forecasts for US, Eurozone

The OECD says the world economy has been 'surprisingly resilient,' raising its 2025 growth estimates for the US and eurozone. Discover the key drivers and potential risks, including AI valuation concerns.

Experts Urge Reforms to Stabilise Nigerian Economy by 2026

Finance experts at an ICAN event in Ibadan call for urgent policy reforms, economic diversification, and boosted local production to stabilise Nigeria's economy ahead of 2026, warning against inflation and oil reliance.

AfDB approves $500m loan for Nigeria's budget

African Development Bank approves $500 million budget support for Nigeria to boost non-oil revenues and energy sector reforms. Learn how this impacts Nigeria's economic growth.

Ebonyi Projects N469.9bn FAAC Revenue in 2026 Budget

Governor Francis Nwifuru presents Ebonyi's largest-ever budget of N884.86bn, with 84.7% for capital projects. Strategic focus on industrialization and infrastructure development for economic growth.

Makinde Presents N891.9bn 2026 Budget to Oyo Assembly

Oyo State Governor Seyi Makinde presents a N891.9bn 2026 budget focused on economic expansion. The proposal allocates 56.7% to capital projects, with infrastructure and education as top priorities.

Nestoil Denies Receivership, Alleges Contempt

Nestoil Limited has firmly denied false reports of being under receivership, calling the publication prejudicial and an act of contempt of court. Learn the full details of the ongoing legal battle.

Japan PM Takaichi defends $135bn stimulus package

Japanese Prime Minister Sanae Takaichi insists the $135 billion stimulus is fiscally responsible despite market concerns. Includes energy subsidies and tax cuts to combat inflation.

Ondo Governor Presents N492.8bn 2026 Budget

Ondo State Governor Lucky Aiyedatiwa presents a N492.8 billion budget for 2026, focusing on economic gains and key sector reforms. Read the full details and analysis.

64th FirstBank Lagos Open Golf Tees Off

The 64th FirstBank Lagos Open Golf Tournament has commenced at Ikoyi Club 1938. Caddies took the first swings, with a N34.5 million prize pool and a BMW hole-in-one prize up for grabs. Read more!

Osun Passes N705bn 2026 Budget for Second Reading

Osun State Assembly approves N705 billion 2026 appropriation bill for second reading. Governor Adeleke's 'Budget of Economic Transformation' focuses on infrastructure and citizen welfare.

Nigerian banks post N14.7tn interest income

Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.

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