AGP Executive Report
Last update: 7 hours agoFX Watch: The naira kept wobbling as it slid to N1,363/$1 on NAFEX while the official market showed mixed moves—up against the pound and euro—amid tight FX liquidity and profit-taking by investors. Markets: The Nigerian Exchange extended losses for a second day, with the All-Share Index down and market value falling as banks and consumer stocks led declines. Tax Reform: FG released transition guidelines for the Tax Acts 2025, stressing clarity on how old and new tax rules apply to periods before and after Jan 1, 2026. Ebola Preparedness: A Presidential Task Force on Ebola was inaugurated to stop importation, coordinate border and surveillance actions, and target zero cases. Security & Humanitarian: Nigeria’s students’ kidnapping case in Oyo State and the ongoing distress of Nigerians stranded in South Africa dominated headlines, with calls for urgent evacuation support. Energy & Business: Shell named Elohor Aiboni as its first Nigerian EVP and Country Chair; meanwhile, petrol prices began easing as Dangote-led cuts feed into the market. Tech & Commerce: Payaza launched Shopaza, an AI-powered store builder with integrated payments for African merchants.
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.