AGP Executive Report
Last update: 15 minutes agoDangote Refinery Financing: Dangote Petroleum Refinery raised $750m via an international bond at a 7.5% fixed coupon to deepen refining ramp-up and export capacity. CBN Fraud Alert: The central bank warned Nigerians about fake messages and links impersonating CBN to steal personal and financial data. Microfinance Shake-up: NDIC has started liquidation of 46 microfinance banks after CBN revoked their licences, with insured deposit claims to be verified before payment. Oil & Gas Local Content: Shell and banks launched a $3bn contractor support finance facility in naira and dollars to boost local contracting for SNEPCo projects. Agriculture Boost: FG began distribution of 1m improved hybrid cocoa seedlings to revive production, raise farmer incomes and grow export earnings. Youth & Skills: CYMS hailed FEC-approved NYSC reforms, including a more digital, skills-driven call-up and deployment approach. Court Update: EFCC witness told an Abuja court that Emefiele did not benefit from the alleged $6.2m fraud. Security & Food: Farmers in Katsina’s Funtua warn insecurity and soaring fertiliser prices are threatening the 2026 season and food security. Markets & FX: Reuters reports Nigeria’s currency expected to be broadly stable next week as traders watch FX pressures.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.