AGP Executive Report
Last update: 10 hours agoPower & Grid Expansion: TCN has handed site access to Mainstream Energy Solutions to build two 330kV evacuation bays at Kainji, targeting 2x330kV bays to evacuate 220MW from new 110MW turbines by December. Payments Security: The CBN says it will deploy AI under its Nigeria Payments System Vision 2028 to curb fraud, cyber threats, identity theft and unauthorised transactions. Oil & Gas Regulation: NUPRC and NNRA plan a single-window regulatory system to cut duplicate filings, reduce fees and strengthen radiological oversight in upstream operations. Renewables & Women Finance: Bank of Industry wins continental awards for DARES solar mini-grid financing and its GLOW guaranteed loans for women. Ports Decarbonisation: Stevedoring operators urge an efficiency-driven green transition for Nigerian ports, warning compliance must be funded and backed by an equipment upgrade roadmap. Energy Access Innovation: NERC rolls out net billing rules letting Nigerians earn from excess solar power sold to DisCos. Trade & Export Barriers: NACCIMA’s road trip to Togo flags delays, multiple checkpoints and non-tariff barriers hurting cross-border trade. Energy Cost Pressure: Nigeria’s cooking gas shortage is pushing LPG prices higher as more gas output is exported than supplied domestically. Governance & Economy: A court struck down the National Assembly’s ₦110bn vehicle and allowances spending as unlawful, citing procurement and accountability breaches. Business & Investment: Nigeria’s trade sector attracted $65.79m foreign capital in Q1 2026, up 91.31% year-on-year, as capital inflows hit $10.37bn. Security & Human Capital: Ogun students’ safety fears and wider insecurity concerns keep disrupting education and livelihoods, while the NAF launches aerial surveillance to rescue Oriire school pupils and teachers.
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