Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings Plc, has provided insights that empower businesses to navigate a complex economic landscape.
This was done at its annual Global Markets Economic Outlook forum themed Global Economic Trends and Nigeria’s Position, which was attended by key stakeholders, industry leaders, and clients.
The Executive Director for Corporate and Transaction Banking at Stanbic IBTC Bank, Mr Eric Fajemisin, said the forum reflects the bank’s continued commitment to keeping clients ahead of global shifts that have direct implications for their businesses.
“As global trade patterns continue to realign, it’s important that our clients understand not just what is happening, but what it means for their operations and growth strategies.
“This forum is part of our ongoing effort to translate global trends into actionable insights for businesses operating in Nigeria,” he said.
Also, the Head of Global Markets, Nigeria at Stanbic IBTC Bank, Mr Dare Otitoju, highlighted Nigeria’s growing relevance in global trade conversations, noting the country’s potential to strengthen its position as a trade and investment hub on the continent.
“Nigerians should look forward to a transition from stabilisation to selective growth. Global higher-for-longer rates indicate that capital will reward countries with policy consistency, which Nigeria is building post-reforms. Key areas to watch include infrastructure funding, gas and manufacturing, and capital market opportunities as FX becomes more predictable.
“The Outlook message was clear: while 2026 may not be a boom year, prepared individuals and businesses will find real opportunities. That’s the plan we want Nigerians to leave with,” he stated
On his part, the Resident Representative for Nigeria at the International Monetary Fund (IMF), Mr Christian Ebeke, in a keynote address, shed light on Nigeria’s optimistic outlook.
He highlighted several factors, including rising hydrocarbon prices, decreasing global financing costs, and tax reforms that took effect in January 2026, all of which could help the country surpass its revenue targets. He also pointed out the advantages associated with enhanced state policing.
Mr Ebeke stated in his presentation that Nigeria should capitalise on immediate opportunities. This includes securing oil pipelines, improving electricity infrastructure, and shifting investment from government securities to the private sector.
Also, the Special Adviser on Financial Markets and Economic Policy to the Governor of the Central Bank of Nigeria (CBN), Mr Mayokun Ajibade, emphasised the necessity of addressing excessive liquidity in the banking system as a sustainable means of combating inflation.
He expressed the importance of a balanced approach, advocating for a focus on lowering inflation before pursuing interest rate reductions; noting that the Nigerian banking system has too much liquidity, therefore a decline in interest rates should not be expected without first addressing inflation.