AGP Executive Report
Last update: 8 hours agoFinance Bill 2027: Tinubu’s government invites the public and businesses to submit proposals for the 2027 Finance Bill, focusing on taxation and revenue administration, fiscal policy and management, and fiscal responsibility, transparency and accountability. Government Systems Audit: Tinubu orders a forensic audit of federal systems, starting with IPPIS, pension records and key financial platforms, to expose ghost workers and payroll fraud. Capital Markets Boost: FTSE Russell’s confirmation of Nigeria’s Frontier Market status (effective Sept 21) lifts investor sentiment, with NGX equities rallying and adding about N1.38tn in market value. FX Reserves Rise: Nigeria’s external reserves hit $53.11bn, the highest in 17 years, as FX inflows strengthen. Security & Crime: Police arrest suspects over a staged kidnapping involving a two-year-old and EFCC extradites two Nigerians to the US over sextortion of teenage boys. Trade & Border: Nigeria and Niger customs deepen cooperation to ease bottlenecks and boost border trade along the Kamba–Tungan Gyado corridor. Transport Costs Debate: Tinubu pushes CNG expansion to cut fares, while opposition leaders argue it’s too little, too late. Digital Payments: Meta’s WhatsApp will charge businesses for certain service messages from Oct 1, 2026. Health & Youth Peace: IPCR, UN and UK train youths to prevent political violence and hate speech ahead of 2027. Lagos Waste-to-Wealth: Lagos moves to convert abattoir waste into biogas and fertiliser.
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