AGP Executive Report
Last update: 19 minutes agoOil & Gas Policy: Tinubu says Nigeria has cut crude revenue reliance and is pushing diversification as FG begins the 2026 oil licensing round, offering 40 blocks across land, shallow and deepwater with tighter transparency on beneficial owners. Markets & FX: NGX extended profit-taking, shedding about ₦256bn as the All-Share Index fell 0.16%; meanwhile the naira firmed at the official market to about N1,330.87/$ while parallel stayed around N1,370. Investment Climate: Nigeria jumped to 8th in Bloomberg’s Africa investment risk ranking, its biggest improvement in 2026, as fiscal and external vulnerability improve. Banking & Credit: Fitch reaffirmed Stanbic IBTC’s AAA(nga) rating, citing liquidity and capital strength. Elections & Governance: INEC urges faster release of election funds for 2027 polls; FCT area council chairmen again failed to appear before lawmakers over about N100bn audit queries. Security & Social Sector: Save Public Education Campaign demands better pay, security and funding for teachers; retired police threaten indefinite protest over pension exemption. Legal/Anti-graft: EFCC opposes Diezani’s attempt to rely on a UK acquittal in her Nigerian asset case. Business & Tech: Glovo appoints Reni Onafeko as Nigeria MD; Dangote Cement donates classroom furniture in Lagos; Dangote refinery cuts diesel gantry price by N80 to N1,700/litre. Regional/Trade: ECOWAS Court swears in five new judges. Aviation Tragedy: Nigerian Air Force ATR-42 crash in Ondo killed all 25 onboard, with investigations underway.
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.