AGP Executive Report
Last update: 12 hours agoFuel Markets: NMDPRA has approved the Lagos Commodities and Futures Exchange to facilitate petroleum trading, giving airlines, manufacturers and transport firms clearer pricing data—though the system does not guarantee cheaper fuel. Food Industry: Nigeria’s food-import bill rose 11.4% to $1.19bn in the first half of 2026, underscoring the challenge of building local production. Power: The Federal Government commissioned a 1MW solar mini-grid in Gombe and began work on four linked projects with 16MW of combined capacity, designed to power local businesses and food processing. Trade & Logistics: Customs and Afreximbank are advancing plans to modernise border corridors with Benin and Cameroon, targeting faster cargo movement and more efficient cross-border trade. Business Finance: More than 40 companies raised N2.45tn on the Nigerian Exchange in the first nine months of the year. Electricity: Edo is exploring access to power from NDPHC’s 450MW Benin plant to supply homes, businesses and industries under the state’s electricity market.
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.
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