AGP Executive Report
Last update: 8 hours agoTax Reform Impact: Kaduna Governor Uba Sani says Nigeria’s tax reforms have boosted revenue mobilisation, with national revenue hitting N21.6tn in H1 2026 (49% up year-on-year), and commends the shift from Joint Tax Board to Joint Revenue Board. Digital Finance Regulation: SEC proposes new rules for online forex trading and CFDs, including up to N5bn minimum capital for operators and a 30% Nigerian ownership requirement for brokers. Drug Fight, Asset Focus: NDLEA boss Marwa orders investigators to intensify financial investigations, asset tracing and recovery, saying arrests alone won’t dismantle drug cartels. Ride-hailing Shock: Uber will wind down operations in Nigeria from Sept 2, apologising to users and citing a global business review; the exit is set to reshape competition in the e-hailing market. Education Loan Pressure: NANS Zone C warns universities against withholding NELFUND refunds and penalties, demanding immediate refunds for affected students. Trade Facilitation: FG sets end-November 2026 deadline for Phase 2 of the National Single Window to cut export bottlenecks. Ports & Energy Logistics: NPA expects 26 vessels to arrive at Lagos ports by Sept 13, including aviation fuel and crude to support refinery supply needs. Markets: NGX ASI slips 0.03% on Wednesday as investors sell off some heavyweight stocks.
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.
Perspectify News
