AGP Executive Report
Last update: an hour agoPetrol Pricing Clash: NMDPRA says it cannot fix petrol pump prices under the Petroleum Industry Act, insisting prices follow market forces, while it steps up surveillance with FCCPC and Customs to curb price-gouging and smuggling. Transport Relief Push: Tinubu reiterates cheaper transport from Oct. 1 via the CNG programme, citing Kaduna’s N3.5bn savings and targets more CNG stations, with 500 stations expected by end of October. Capital Markets & Energy: Dangote Refinery’s ₦2.15trn IPO opens retail access through Moniepoint PoS terminals from ₦5,250, as Nigerians line up to buy shares. Governance & Transparency: SERAP sues INEC over failure to disclose political donation limits for 2027, seeking court orders to compel disclosure and enforcement systems. Security & Business Climate: Gunmen kill five at a Plateau market, underlining how insecurity keeps disrupting trade and livelihoods. Banking Pay Watch: Reports show sharp 2025 executive pay rises at major Nigerian banks, with FCMB topping at N447.9m, raising pay-performance questions. Savings Drive: SEC plans a National Savings Scheme with tax incentives to deepen financial inclusion.
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