AGP Executive Report
Last update: 10 hours agoWAFCON Kickoff: Nigeria’s Super Falcons open defence of their title against Malawi in Rabat today, with coach Justin Madugu and captain Rasheedat Ajibade pushing for a winning start in a tougher 16-team format. Markets & Finance: Nigeria’s NGX rally keeps roaring—investors added about N74trn in market value in a year, while liquidity in the banking system stayed high at N3.78trn as investors chase government securities after the CBN held rates. Manufacturing Pressure: Manufacturers say recovery is still blocked by rising production costs—energy, borrowing and weak demand—despite a slight PMI uptick. Energy & Fuel Supply: Nigeria is set to receive about 154m litres of imported petrol this week via five vessels, even as local refining expands. Skills & Jobs: FG approves ₦3.6bn for 200,000 tailors under ITF’s SUPA skills scheme, with screening for genuine artisans. Housing for Diaspora: FMBN will launch Diaspora NHF mortgage loan on Aug 7 in London. Agro-Industrial Zones: SAPZ policy validation targets $4.4bn investment and projected ~30.85% internal rate of return. Healthcare Disruption: LUTH resident doctors’ strike enters day 8 over welfare demands, disrupting services. Minerals & Local Value: Solid Minerals Minister Dele Alake urges an end to raw mineral exports and calls for Africa-led processing and mineral data standards. Small Business Relief: FG rolls out a ₦50k grant for one million nano businesses, including traders and vulcanisers. Regional Tensions: Nigeria again faces xenophobia fallout in South Africa, with calls for stronger, more reciprocal diplomacy.
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.