AGP Executive Report
Last update: 24 minutes agoEFCC Crackdown: Social media influencer Blessing CEO, also known as Okoro Blessing Nkiruka, was arraigned again over a fresh N13m fraud allegation, after earlier N69.1m charges, with a court remanding her pending trial. Telecom & Broadband: NCC says operators have deployed 5,000+ new network sites and extended fibre to 700+ locations, while fixed broadband subscriptions rise as fibre expansion becomes key to easing mobile congestion. FX Pressure: The naira is trading around N1,400/$ in the parallel market as official inflows improve but dollar access delays keep the gap wide. Power Sector Reality Check: A new report argues electricity tariff hikes won’t fix supply problems without tackling system inefficiency and governance failures. Security & Drugs: NDLEA says it dismantled drug syndicates that recruit women into illicit trade, while U.S. AFRICOM reports killing 200+ terrorists in joint operations in Nigeria’s northeast. Climate & Jobs: Nigeria targets planting 20 billion trees by 2030 to boost resilience and create green jobs. Agro-Industrial Push: AfDB commits $86m to Nigeria’s Special Agro-Industrial Processing Zones programme, with disbursement still low but expected to rise. Digital Assets Regulation: Senate advances a bill to regulate cryptocurrency/virtual assets to curb fraud and protect investors. Housing Finance: Shelter Afrique Development Bank unveils a new brand identity as it shifts into a stronger multilateral role for affordable housing across Africa.
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.
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