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AGP Executive Report

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EFCC Crackdown: The anti-graft agency has declared ex-pension boss Abdulrasheed Maina wanted again over alleged receiving of stolen property, urging the public to share information through its offices and hotlines. Monetary Policy Impact: With Nigeria’s MPR cut by 350bps to 23%, manufacturers and the Lagos Chamber of Commerce and Industry want banks to pass the benefit to lending, but warn high CRR (45%) could still choke credit to SMEs. FX and Reserves: CBN Governor Olayemi Cardoso says Nigeria’s FX reserves have crossed $55bn, the highest in 18+ years, citing stronger diaspora remittances and improved liquidity. Energy and Gas Investment: Tinubu hailed the $800m Ima Gas project’s Final Investment Decision, while NUPRC welcomed it; Nigeria also urged investors to hit FID within six months. Fuel Costs and Deregulation: Fuel prices reportedly rose to about ₦1,400/litre despite Dangote refinery running at full capacity, as NMDPRA pushes meter checks. Capital Markets: NGX equities extended gains, and Zeenab Foods raised ₦45bn via a hybrid commercial paper offer. Trade and Security: US lifted its 12-year Condition of Entry on Nigerian vessels, a move shipping lines say could boost Nigeria–US trade. Education Financing: Nigeria and Italy back a $5bn global education financing push under the Global Partnership for Education. Entrepreneurship Push: Tinubu welcomed Korea-funded $12m Abuja Centre for Entrepreneurship to support MSMEs and jobs.

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.

AGP Wire

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Sep. 17, 2026

African businesses push for better market access through economic diplomacy

AGP

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Sep. 18, 2026

Report says 4,216 Christians killed in Nigeria this year

AGP

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Sep. 15, 2026

RESYPL tops 4,000 power projects across Nigeria

AGP

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Sep. 14, 2026

Olusola Tawakalitu Salman memoir traces a move from Nigeria to Canada

AGP


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Nigerian Police Officer Caught In Video Bragging 'Peter Obi Is Criminal, Ritualist, Yahoo Boy, Will Turn Aso Rock Into Yahoo Office'

Nigerian Police Officer Caught In Video Bragging 'Peter Obi Is Criminal, Ritualist, Yahoo Boy, Will Turn Aso Rock Into Yahoo Office'


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12 hours ago

NIGERIA FULLY REPRESENTED AT 81ST UN GENERAL ASSEMBLY AS VICE PRESIDENT SHETTIMA LEADS DELEGATION

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10 hours ago

New research reveals the “cooling dividend” for workers and entrepreneurs facing extreme heat

GlobeNewswire, Inc.

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11 hours ago

Gazexport Limited Proposes Energy Finance and Petroleum Experts for Election to Tethys Petroleum Board

GlobeNewswire, Inc.

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Sep. 22, 2026

IAPMO Concludes 2026 Annual Education and Business Conference, Celebrates 100th Anniversary

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Sep. 22, 2026

ePharmacy Market to reach USD 566.28 Billion by 2035 at 18.9% CAGR

EIN Presswire

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Sep. 21, 2026

Five Reputable Sinotruk Global Distributors in 2026: Advancing the Global Commercial Vehicle Distribution Industry

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