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AGP Executive Report

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Cement Expansion: Dangote Cement and Sinoma signed an $800m MoU to double the Itori plant’s capacity to 12MTPA, boosting local supply and exports. Power Sector Reset: FG plans fresh investment to stabilise the national grid—reinforcing transmission corridors, adding redundancy and upgrading control systems—via a Grid Stabilization Technical Working Committee. Insurance Recapitalisation: NAICOM confirmed 43 insurers and reinsurers met NIIRA 2025 minimum capital requirements after a year-long recapitalisation, with over ₦300bn injected into the sector. Development Finance Gap: CPPE renewed calls to reform Nigeria’s development-finance architecture, citing a real-sector funding gap above ₦50tn driven by high rates, short tenors and collateral stress. Women Entrepreneurship: FirstBank awarded ₦10m through the Spark A Gem Challenge (356 applications; 8 finalists), with Onyinye Obayi taking the ₦5m top prize. Oil & Gas Local Content: NCDMB commissioned a Bauchi LPG plant with Butane Energy to deepen gas use and expand cleaner cooking fuel access. Aviation Update: FAAN clarified there was no fire at Lagos Airport Terminal 2; smoke came from the FM-200 suppression system. Digital Finance Trust: CBN urged fintech growth to deliver reliable, secure, fair and accessible services, with clear charges and strong fraud controls. Security: Gunmen kidnapped at least 52 people in Zamfara during an attack on a village and military base.

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.

AGP Wire

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Jul. 29, 2026

Expervia Technologies targets Nigerian businesses with cloud, AI and cybersecurity services

AGP

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Jul. 22, 2026

BPX pitches process mining as a compliance tool for European banks

AGP

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Jul. 21, 2026

Fasi Uddin Mir launches free ad-free game production journals

AGP

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Jul. 20, 2026

BPX launches 30-day process mining sprint for procure-to-pay savings

AGP


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Nigerian oil billionaire Muhammadu Indimi joins $43.5 million court fight with twin daughters over Oriental Energy dividends

Nigerian oil billionaire Muhammadu Indimi joins $43.5 million court fight with twin daughters over Oriental Energy dividends


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Jul. 29, 2026

Cloud, AI and Cybersecurity: How Expervia Technologies Is Helping Nigerian Businesses Scale

EIN Presswire

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Jul. 29, 2026

Control Valve Market to Witness Strong 7.90% CAGR Driven by Industrial Automation Trends by 2035

EIN Presswire

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10 hours ago

OwlTing Group (NASDAQ: OWLS) Reports OwlPay Harbor July Payment Volume Increased 107.6% Month Over Month

GlobeNewswire, Inc.

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Jul. 24, 2026

Nigeria and U.S. Marines discuss Gulf of Guinea maritime security at AMFS 2026

DVIDS - Georgia

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Jul. 27, 2026

U.S. Africa Command and African partners kick off 2026 African Logistics and Communications Symposium in Addis Ababa

DVIDS - Georgia

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7 hours ago

SKY FILMS and SKY BLUE CINEMATIX Join Forces to Drive Global Brand Partnerships for Highly Anticipated Cinematic Slate

GlobeNewswire, Inc.

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