The Chief Executive Officer of First Bank of Nigeria Limited, Olusegun Alebiosu, says Nigeria’s banking sector is entering 2026 with stronger liquidity buffers and an improved operating environment. Speaking at the Nigeria Economic Outlook 2026 forum in Lagos, he said easing inflation, improving manufacturing output, and renewed investor confidence are supporting macroeconomic stability.
Mr Alebiosu noted that lower interest rates and ongoing banking sector recapitalisation are expected to drive credit expansion, provided lending decisions are managed prudently. He said reforms and policy discipline were helping to stabilise markets and strengthen the financial system’s ability to absorb external shocks.
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The FirstBank chief projected economic growth of between seven and ten percent in 2026, adding that stronger external reserves, rising foreign inflows and improved capital buffers had enhanced resilience.
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