AGP Executive Report
Last update: 31 minutes agoIMF Review: The IMF says Nigeria’s reforms are boosting stability and investor confidence, but warns the gains are not yet reaching millions and could be hit by global shocks. Hardship Acknowledged: Tinubu’s government admits inflation and insecurity have battered Nigerians since 2023, even as it insists reforms are starting to show results. Security Pressure: A House of Reps panel summons the NSA, Defence and Finance ministers over rising kidnappings, while the Army chief says Nigeria can’t fight complex threats alone and urges stronger inter-agency cooperation. Xenophobia Fallout: Nigeria’s foreign affairs ministry rejects claims that attacked Nigerians in South Africa are illegal immigrants and says retaliatory diplomatic steps are being considered. Digital/Telecom Governance: NCC appoints Princess Oforitsenere Emiko as interim chair of the Digital Bridge Institute to reposition training for the digital economy. Markets & Trade: Nigeria posts a Q1 2026 trade surplus of N7.55tn as exports rise and imports fall; equities extend gains with NGX adding about N515bn. Energy/Business: Seplat names Effiong Okon as new CEO from Aug 1, 2026. Transport Tragedy: Death toll rises to five in the Warri–Itakpe train derailment as investigations continue. Politics & Debt: Peter Obi renews calls for accountability over Tinubu’s borrowing, alleging debt has climbed to about N200tn.
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