AGP Executive Report
Last update: 8 hours agoEnergy Sector & NOG Week: NNPC Ltd’s Ojulari says Nigeria hit 1.71mbpd crude output (five-year high) and 7.5bscfd gas, with 98% recovery across five export terminals, urging stronger industry collaboration as reforms cut costs and boost remittances. Gas & LNG Investment: UTM FLNG, NNPC and Seplat signed a 15-year 200mmscf/d gas supply deal, clearing a key hurdle for a final investment decision in Q4 2026. Energy Governance: Nigeria joined the International Energy Agency as an association country, deepening global energy governance ties. Power Market Transition: NERC trained Lagos High Court judges for Nigeria’s electricity market shift, following the Electricity Act 2023 and state-level regulation changes. Digital Economy & Data Sovereignty: CBN’s local hosting push is driving Galaxy Backbone’s push for banks/fintech compliance, while Nigeria probes foreign tech cloud control amid data sovereignty concerns. Telecom Infrastructure: Edo calls for coordinated protection of fibre infrastructure to cut cable cuts and speed broadband rollout. Agribusiness: BOA and Japtini flagged off Renewed Hope input distribution for 15,000 Taraba farmers. Capital Markets: NGX extended its rally, adding N1.86tn as investors bought across sectors. Mining Security: Osun set up a mining community intelligence architecture to curb bandit infiltration. Regulation/Competition: FCCPC moves to probe big techs over alleged exploitation of Nigerian media content.
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.