AGP Executive Report
Last update: 12 hours agoPrices: Nigeria’s headline inflation eased to 14.63% in September from 15.39% in August, with food inflation at 19.59%. But the slower rise in prices has yet to ease the cost-of-living squeeze. Corporate Finance: United Nigeria Airlines plans a N20bn first tranche of a N100bn commercial-paper programme to support expansion. The airline reported N95.6bn in revenue in the first half of 2026. Trade: Nigerian and Indonesian firms signed business agreements worth $10m at Trade Expo Indonesia, aiming to deepen commercial ties. Power Costs: Businesses are turning to hybrid solar to reduce diesel bills; one hospitality project is expected to save more than N102m a year. The government also ruled out an electricity tariff hike as it launched a 17.7MW mini-grid project in Oyo. Monetary Policy: The IMF backed the CBN’s policy adjustment as inflation declines, while stressing that monetary policy remains tight.
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