AGP Executive Report
Last update: 10 hours agoOil and Gas: Oando lifted nine-month production 14% to 42,985 barrels of oil equivalent a day and returned to operating profit, reporting revenue of ₦2.78tn. Energy Finance: Afreximbank and APPO formally launched the $5bn Africa Energy Bank in Abuja, targeting a $200bn investment gap and projects across the energy value chain. Ports and Trade: APM Terminals Nigeria called for modern infrastructure and stronger public-private collaboration to ease port capacity constraints and support trade. Manufacturing: Lee Group unveiled plans for a $1.8bn Ogun industrial park, targeting 29 factories and 2,500 jobs. Power Infrastructure: The government has ordered the clearance of more than 300 containers of grid equipment left stranded at ports for up to 20 years. Agriculture: South-West poultry farmers say soaring feed and chick costs are squeezing margins and call for subsidised feed and cooperative milling outlets.
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