AGP Executive Report
Last update: 5 hours agoCBN Holds Line on Rates: The Monetary Policy Committee kept the Monetary Policy Rate at 26.5%, saying the recent inflation uptick is mainly from external shocks and that buffers are in place to return to disinflation. Anti-Corruption Follow-Through: EFCC arrested former Power Minister Saleh Mamman after his 75-year sentence over alleged diversion of funds for hydro projects. Terror Fight, Joint Ops: Nigeria and the US said strikes killed 175 IS fighters in the northeast, including senior commanders, with AFRICOM confirming no troops were harmed. Drug Crackdown: NDLEA dismantled a major N480bn meth lab in Ogun and arrested suspects including Mexicans. Cashless Push: FirstBank launched a Naira Visa Debit Card to expand everyday electronic payments. Women in Governance: Hadiza Usman urged real inclusion in leadership, warning exclusion undermines national progress. Education Reform: JAMB plans UTME exemptions for some NCE and agriculture-related admissions. Food Pressure: Food inflation is now above 20% in multiple states, intensifying cost-of-living stress ahead of Eid.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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