AGP Executive Report
Last update: 32 minutes agoHousing & Finance: Tinubu hails MREIF as it delivers N128bn mortgages to 1,859 families across 25 states, with up to 20-year tenors at 9.75% fixed interest. Digital Economy: CBN launches Payments System Vision 2028, targeting 95% financial inclusion, fraud losses below 1% and faster digital transactions by 2028. Food Prices: Statisense analysis of NBS data shows South-East states are now the costliest for a healthy diet, with some workers spending over 80% of the ₦70,000 minimum wage on food. Energy & Shipping: NLNG subsidiary BGT awards contracts for three new LNG vessels, targeting delivery in 2029 as it modernises its fleet. Markets: NGX All-Share Index slips 1.13% as profit-taking hits blue chips, with BUA Cement leading the drag. Telecoms & Lending: ALTON says airtime lending for about 40m users should soon fully return after FCCPC suspends DEON regulations and Airtel restarts airtime credit. Regulation & Courts: Supreme Court warns against abuse of ex parte orders in a major debt dispute, signalling tougher scrutiny for corporate asset seizures. Security & Labour: NUPRC workers resume nationwide operations after suspending a strike following negotiations. Trade & Diplomacy: Benin’s President Wadagni meets Tinubu in Abuja on trade, energy and maritime security, including ECOWAS matters.
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