AGP Executive Report
Last update: 9 hours agoCBN Payments Overhaul: The central bank has ordered banks and fintechs to disclose beneficial owners, localise payments data by 2027, and comply with new market share limits to curb concentration risk in Nigeria’s digital payments ecosystem. Energy & Household Costs: Government says cooking gas prices are rising mainly due to FX volatility, logistics and supply-chain constraints, while crude oil prices dipped below $80 as Middle East peace signals eased risk. Inflation Watch: The IMF says the naira remains undervalued by 25.6% despite FX reforms, even as Nigeria’s inflation pressure shows signs of slowing month-on-month. Agribusiness & Food Security: FAO urges strategic storytelling to strengthen food security across West Africa, while the FG moves to standardise Tom Brown production to tackle child malnutrition. Health & Safety: WHO-linked reporting highlights Nigeria’s heavy food-borne illness burden, with children hit hardest. Governance & Justice: Appeal Court upholds EFCC staff dismissal as unlawful, ordering reinstatement, and Tinubu commissions new Court of Appeal judges’ quarters in Abuja. Security & Industry Impact: UN warns landmines keep killing civilians, with Nigeria among the hardest-hit countries; meanwhile, Nigeria’s oil output and gas supply continue to rise, supporting industrial energy demand.
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.