AGP Executive Report
Last update: an hour agoAgricultural Finance Data Boost: NADF and NBS sign an MoU to improve Nigeria’s agricultural data for evidence-based financing and policymaking. Monetary Policy Watch: CBN data shows broad money (M3) growth slows to 13.65% in June 2026 as tightening curbs liquidity expansion. Capital Markets & Regulation: SEC approves Coronation Infrastructure Fund Series II; NASD launches a digital securities platform; NASD OTC bourse rises 1.46% while treasury bill yields fall as investors chase new securities. Power Sector Reset: FG confirms electricity subsidy phase-out from 2027, with no immediate tariff hike, and unveils a “Super Grid” transmission programme to stabilise supply. Energy Supply Reality Check: NUPRC says domestic gas supply averages 2.05bcf/day—about 65% of DGDO target—pushing a Gas Swap Framework to close the gap. Telecom/Fintech Impact: MTN’s Xtratime suspension hits fintech revenue, down 72.4% YoY, even as overall performance stays strong. Court & Labour Rights: Appeal Court limits employers’ power to restrict former workers, upholding a N5.1m compensation against MTN. Security & Identity Fraud: Police bust a fake NIN/PVC syndicate in Niger, arresting a suspect with 105 counterfeit NIN cards and 189 forged PVCs. Business Climate Signals: LASEPA reopens six Ikorodu steel firms after environmental compliance improvements; Cadbury Nigeria posts N83.35bn H1 revenue. Political Economy Debate: Atiku attacks Tinubu’s “prosperity” claims as hunger worsens; Obi urges supporters to focus on insecurity and hardship.
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.