society
FirstBank Hosts Nigeria Economic Outlook 2026, Leads Conversation on Economic Growth
FirstBank Hosts Nigeria Economic Outlook 2026, Leads Conversation on Economic Growth
Lagos, 2 January 2026 – FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth”
Nigeria Economic Outlook is an annual customer-facing session which sets the tone on prevailing economic realities, equipping FirstBank customers with insights to navigate the economy effectively at the start of the year. The 2026 edition will review Nigeria’s economic landscape over the past year, provide an outlook for 2026, and deliver expert perspectives on global and domestic trends and their implications for the nation’s economy in the year ahead.
Commenting ahead of the event, the Acting Group Head, Marketing & Corporate Communications at FirstBank, Olayinka Ijabiyi said, “FirstBank remains dedicated to supporting the growth and development of Nigerian businesses and individuals, and this event is a testament to that commitment. As we welcome the new year, the Nigeria Economic Outlook 2025 will serve as a platform for our customers and stakeholders to learn how to navigate the complexities of Nigeria’s economic landscape in 2026. This initiative aims to help them make informed decisions based on expert recommendations and insights garnered from the session to drive giant transformative progress, allowing both businesses and individuals to thrive in the new year.”
The session will feature a distinguished lineup of speakers including economic analysts and industry leaders. The keynote address will be delivered by Yemi Kale, Group Chief Economist & Managing Director of Research & Trade Intelligence, Afrexim Bank.
Following the keynote, a high-level panel discussion will feature Olusegun Zaccheaus, Chief Economist, PwC; Francis Anatogu, Chief Executive Transaharan; Professor Bongo Adi, Professor of Economics & Data Analytics, Lagos Business School; Niyi Yusuf, Managing Partner, Verraki; Cheta Nwanze, Lead Partner at SBM Intelligence; Osahon Ogieva, Deputy Managing Director, FirstBank Ghana; Ayokunle Ojo, Head, Treasury Sales & Derivatives Marketing, FirstBank; and Laura Fisayo-Kolawole, Head, Equities and Alternative Solutions, First Asset Management. The panel discussion will be moderated by Chike Uzoma, Head, Strategy & Corporate Development, FirstBank.
To be a part of the session, interested participants can register and participate via https://firstbanknigeria.zoom.us/webinar/register/WN_PvQyniM4Rpmp1HqQoqbPvQ
As the partner of first choice for personal, business and corporate financial decisions, FirstBank will continue to support Nigerians in achieving their financial aspirations, driving growth and prosperity across the nation, and shaping a brighter economic future for all.
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society
Nigerians Will Decide Who Leads In 2027, Not Incumbency Power – Ajadi
Nigerians Will Decide Who Leads In 2027, Not Incumbency Power – Ajadi
A governorship aspirant of the Peoples Democratic Party (PDP) in Oyo State, Ambassador Olufemi Ajadi Oguntoyinbo, has emphasised that Nigeria’s leadership in 2027 will be determined by the will of the people, not by the advantage of incumbency.
Ajadi was reacting to reports by 9ja News Tv, concerning remarks allegedly made by President Bola Ahmed Tinubu about the 2027 presidential election.
The platform had reported that President Tinubu boasted that no opposition can remove him.
While reacting, Ajadi stated that any suggestion that electoral outcomes are predetermined risks weakening public confidence in the democratic process.
According to him, Nigeria’s democracy is founded on the constitutional right of citizens to choose their leaders through the ballot, regardless of who currently holds office.
The strength of our democracy lies in the power of the electorate,” Ajadi said. “Elections provide citizens with a peaceful and legitimate means of expressing their collective will.”
“The PDP aspirant, who has declared his intention to contest the Oyo State governorship election, stated that political history in Nigeria and across Africa demonstrates that leadership can change when citizens actively participate in the electoral process.
He urged Nigerians, particularly youths and first-time voters, to remain engaged in civic activities such as voter registration, peaceful mobilisation, and participation in elections.
“Democracy thrives when citizens believe in and utilise the instruments provided by the constitution,” he said.
He also noted that elections remain the appropriate avenue for leaders to be held accountable, especially at a time when many Nigerians are concerned about economic conditions, security challenges, and the cost of living.
He added that holding public office does not automatically guarantee future electoral success, stressing that performance and public trust remain key factors in democratic contests.
Reaffirming his party’s commitment to peaceful political competition, Ajadi called for increased civic engagement and adherence to democratic values as political activities gradually build toward 2027.
He concluded that the future of Nigeria’s leadership will ultimately be shaped through lawful, peaceful, and participatory democratic processes.
society
A New Year Message from Arems Entertainment
A New Year Message from Arems Entertainment – 1ST ELEVEN9JA TV
As the curtain rises on a new year, all of us at Arems Entertainment take a moment to reflect—on the journey so far, the lessons learned, and the limitless possibilities that lie ahead.
The year behind us tested resolve and rewarded resilience. It challenged creatives to think deeper, work smarter, and stay true to their purpose in a fast-evolving industry. Through it all, music, storytelling, and culture remained powerful tools for connection, healing, and expression. We are grateful to every artist, partner, collaborator, and supporter who trusted the Arems vision and walked this path with us.
At Arems Entertainment, we believe the future of entertainment belongs to those who are bold enough to innovate and disciplined enough to build sustainably. The new year represents more than a fresh calendar—it is a renewed commitment to growth, integrity, and excellence. We remain focused on creating opportunities that empower talent, amplify authentic voices, and deliver value beyond the spotlight.
This year, our mission is clear: to deepen our impact across artist development, creative management, and entertainment solutions, while adapting to the realities of a global digital audience. We will continue to champion originality, professionalism, and strategic thinking—because talent deserves structure, and creativity deserves direction.
To the artists chasing their dreams, the creatives refining their craft, and the partners building with purpose: this is your year to step forward with clarity and confidence. Progress may be quiet, but it is always powerful when it is intentional.
As we move ahead, Arems Entertainment looks forward to new collaborations, stronger relationships, and meaningful projects that shape culture and inspire excellence.
From all of us at Arems Entertainment, we wish you a year filled with growth, breakthroughs, and lasting success.
Happy New Year.
Here’s to building the future—together.
society
Nigeria’s Social Media Crackdown: A Symptom of Deeper Governance Failure
Nigeria’s Social Media Crackdown: A Symptom of Deeper Governance Failure.
By George Omagbemi Sylvester | Published by saharaweeklyng.com
“Why Banning Platforms for Under-15s Will Not Solve Insecurity, Corruption, Economic Crisis or the Collapse of Public Trust.”
On January 1, 2026, headlines across digital and print media carried a peculiar story: governments abroad, notably in France, are moving to ban social media access for children under 15 in response to growing concerns about online safety.
While this may be well-intentioned in the context of protecting minors from harmful content, the fact that such news raises debate here in Nigeria tells us more about what the Nigerian state is choosing to focus on rather than what it urgently needs to fix.
Across every sector of public life (security, the economy, governance, infrastructure, basic services) Nigeria is unraveling. Yet politicians and policymakers seem fixated on controlling social media instead of addressing the real and worsening crises confronting citizens. This is not just a policy error; it is a governance catastrophe.
The Social Media Narrative: Protecting Youth or Suppressing Dissent?
Proposals to regulate or restrict social media have a long history in Nigeria. As far back as 2019, the National Assembly debated the Protection from Internet Falsehoods and Manipulations Bill (widely dubbed the Anti-Social Media Bill) which sought to criminalise social media posts deemed prejudicial to national security or public confidence. Critics warned it would “unduly restrict the rights to freedom of expression and privacy,” and might contradict constitutional guarantees of free speech.
Nigeria previously banned Twitter (now X) from mid-2021 to early 2022 after the platform deleted a tweet by the president, on grounds that misinformation on the platform could undermine national unity.
That experience, however, devastated the digital economy, reportedly costing billions of naira as businesses lost critical communication and marketing channels, and dampening investor confidence.
Nigeria’s current debate on social media restrictions risks repeating past mistakes: focusing on controlling voices rather than solving problems so profound that people use social media to highlight them.
Insecurity: The Real Crisis
Nigeria is facing its most severe internal security crisis in decades. In northern Nigeria alone, the United Nations World Food Programme projects that 35 million people will face severe food insecurity in 2026 due to militant attacks disrupting agriculture and supply chains.
Saharaweeklyng.com recently reported that Nigeria’s security challenges stem from deep-seated marginalisation of ethnic, religious and regional minorities, compounded by weak policing and proliferation of weapons.
Yet instead of prioritising security reforms and effective territorial control, policymakers spend time debating how to regulate online speech. This divergence exposes a deeper malaise and a government more concerned with controlling narratives than safeguarding citizens.
Insecurity has tangible socio-economic impacts. Studies show that heightened insecurity in agricultural states directly reduces crop yields and livestock output, tightening food supplies and exacerbating hunger.
It is no coincidence that food inflation remains a crushing burden for ordinary Nigerians, even as headline inflation shows technical ease.
A respected Nigerian economist, Edward Effiom, recently observed: “Despite reforms, households live in the present, not future projections and exposure to insecurity only worsens inflation and real incomes.”
In other words: insecurity is not just a tragic headline, but it is an economic shockwave that deepens poverty, limits production and destroys confidence.
Corruption: The Systemic Cancer. At the heart of Nigeria’s systemic failure lies corruption; though widely understood not merely as isolated theft but as a culture of impunity. According to an explanatory report from Saharaweeklyng.com, many Nigerians tolerate corruption as a survival strategy in a dysfunctional system, because “there is little to no consequence for wrongdoing.”
Experts have documented how corruption pervades all tiers of government from tender processes that bypass transparency, to embezzlement of funds intended for public utilities and services.
This pervasive graft turns governance into a predatory exercise, where public money funds private luxury while fundamental services collapse.
What possible logic exists in debating the age limit of Instagram or TikTok access when billions of naira earmarked for roads, electricity and healthcare routinely vanish into private pockets? Addressing corruption (not muzzling public discourse) is the prerequisite for enabling effective social media governance.
As Sanusi Lamido Sanusi, former Central Bank Governor, once observed, corruption harms the economy at macro and micro levels; it cannot be dislodged by censoring words online.
Lawlessness in Power: Senate, House, Judiciary
Nigeria’s legislative and judicial branches have also been unable (or unwilling) to stem the tide of misgovernance. Controversial bills affecting fundamental freedoms have been rushed with minimal public consultation, raising questions about transparency and accountability.
Meanwhile, when the executive faces opposition (as with new tax and regulatory laws in late 2025) critics allege discrepancies between what parliament passed and what was gazetted, sparking claims of overreach.
Such departures from constitutional norms erode trust in the rule of law. A democracy, after all, thrives not because it silences youth on social platforms, but because its institutions are robust, impartial and responsive.
Economic Collapse and Daily Hardship. Nigeria’s economic story over the past two years has been ambivalent: modest growth projections and stabilising inflation offer hope on paper, but reality on the ground tells another tale. World Bank data indicate that although GDP has expanded, the cost of a basic food basket has increased fivefold since 2019, forcing many households to spend upwards of 60–70% of their income on food alone.
For most Nigerians, life remains a painful negotiation between feeding their families or paying rent, buying medicine or affording transport, all while infrastructure, like electricity and roads, continues to underperform. The International Monetary Fund notes that poor infrastructure, especially electricity deficits, stifles productivity and enterprise.
This is a stark reminder: policy must tackle real economic burdens (jobs, power, transport) not just virtual chatter.
The Digital Debate: A Red Herring? Digital platforms have played vital roles in Nigeria’s democracy and civic life, from youth mobilisations during ENDSARS to grassroots economic entrepreneurship. Restricting access under the guise of “protecting minors” risks censoring voices that illuminate systemic failures.
Critics of social media regulation (including civil liberties advocates and legal scholars) argue that such laws gag freedom of expression and stifle public accountability, especially when existing libel, defamation and cybercrime laws already cover harmful conduct.
Instead of reflexive bans, what Nigeria urgently needs is an empowering digital policy framework: one that educates citizens, combats online harms with targeted safety mechanisms and ensures children’s protection without eroding democratic openness.
A Nation at the Crossroads. Nigeria stands today at a defining moment, one that demands honesty, courage and a ruthless reassessment of priorities. The fixation on regulating social media access for minors, while not inherently wrong in safer and more functional societies, exposes a troubling disconnect in a country battling existential crises. Nations do not collapse because teenagers use social platforms; they collapse when governments fail to secure lives, protect livelihoods and uphold justice.
Insecurity continues to bleed communities dry, from farmlands abandoned to highways turned into killing fields. Corruption remains entrenched, not as an anomaly but as a governing culture that rewards impunity and punishes integrity. The legislature and judiciary, institutions meant to be moral anchors of democracy, are increasingly perceived as theatres of lawlessness and elite bargaining. Meanwhile, food prices soar beyond the reach of ordinary citizens, wages stagnate, electricity remains unreliable, roads decay into death traps and public trust evaporates by the day.
Against this backdrop, social media has become less a menace than a mirror reflecting the failures, frustrations and fury of a neglected populace. Attempting to dim that mirror does not repair the cracks in the national foundation; it merely deepens suspicion and widens the gulf between rulers and the ruled. History is unforgiving to governments that choose censorship over competence, distraction over delivery and control over compassion.
The path forward is neither obscure nor complicated. Nigeria does not need symbolic bans or performative regulations; it needs courageous leadership, institutional reform and an unrelenting war against corruption and insecurity. It needs policies that put food on tables, light in homes, safety on roads and dignity back into citizenship. Until these fundamentals are addressed, debates about social media restrictions will remain what they are, a tragic misplacement of national priorities in a nation crying out for rescue.
At this crossroads, Nigeria must decide: confront the real crises head-on, or continue to chase shadows while the house burns.
History and the Nigerian people, are watching.
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