In Nigeria, the week of January 26–30 is relatively quiet for official data releases.
Markets reopen on Monday, January 26, with attention on foreign exchange liquidity, interest rates, and oil prices.
Tuesday will highlight private-sector developments, including economic outlook briefings expected from banks and businesses, as well as analyst reports.
Wednesday is expected to be uneventful, with investors monitoring policy statements and market trends.
Thursday, January 29, is the week’s main event, featuring the Nigeria Economic Breakfast Meeting, where policymakers and investors will discuss the country’s economic prospects.
The week will close on Friday with market wrap-ups and positioning ahead of February.
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Globally, investors are watching major economic indicators and central bank signals.
Key releases include Japan’s inflation data, US jobless claims, and Eurozone business confidence figures.
Corporate earnings from multinational companies are expected to influence equity markets, while geopolitical developments, such as the India–EU summit on January 27, add to the economic backdrop.
Decisions from the European Central Bank are also in focus.
Last week in Nigeria and the world
The United Nations warned that about 35 million Nigerians face a risk of hunger in 2026 due to declining global food aid, with Borno, Adamawa, and Yobe most affected.
Nigerian markets posted modest equity movements, closing in the red even as the Naira also depreciated.
However, the federal government’s progress in attracting investment to the $20 billion Bonga South West oilfield signalled confidence in the energy sector.
Globally, the 56th World Economic Forum in Davos dominated headlines, discussing trade tensions, growth, and innovation.
The International Monetary Fund (IMF) projected 3.3 per cent global growth for 2026 but highlighted risks from trade disputes and geopolitical uncertainty.
Markets reacted to US–Europe tariff tensions and Greenland disputes before easing, lifting Wall Street later in the week.
Alex is a business journalist cum data enthusiast with the Pinnacle Daily. He can be reached via ealex@thepinnacleng.com, @ehime_alex on X
