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AGP Executive Report

Last update: 5 hours ago

Education Under Threat: The Nigeria Union of Teachers (NUT) says insecurity is increasingly targeting schools, warning that banditry, kidnapping and attacks are damaging Nigeria’s education future. Kidnapping and Violence: Police in Ondo say four suspects were arrested after they abducted a woman in Owo and she was later rescued; in Abuja’s Kubwa, gunmen abducted one resident and shot another who later died. Security Debate: Rabiu Kwankwaso renewed calls for an overhaul of Nigeria’s security architecture, saying the country is “bleeding profusely” despite huge spending, while other voices push for state police and better coordination. Tax Policy Shift: Nigeria’s new Economic Development Tax Incentive now ties extra years of relief to 100% profit reinvestment, pushing firms to expand rather than distribute dividends. Energy and Economy: Petrol import spending plunged to N87.4bn in Q1 2026 (down 96%), as domestic refining gains momentum. Capital Markets Reform: Nigeria’s securities market begins a shorter settlement cycle (T+1), with brokers urged to adapt quickly. Lagos Environment Crackdown: LAWMA condemns attacks on its enforcement officers and vows continued action against illegal waste dumping. International Business: Ethiopia grants United Capital its first foreign investment banking licence, marking a step for Ethiopia’s capital 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.

AGP Wire

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Jun. 8, 2026

CAD remittances to Nigeria keep rising as migration and digital payments grow

EIN Presswire

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Jun. 4, 2026

NWD Golf targets Nigeria's urban land squeeze with shorter course designs

EIN Presswire

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Jun. 8, 2026

NoOnes pushes Virtual Visa cards as stablecoin use grows

EIN Presswire

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6 hours ago

Cycle tourism market seen reaching $321.43 billion by 2033

EIN Presswire


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Lagos Development Agenda Designed to Outlive Governments – Deputy Gov, Obafemi Hamzat

Lagos Development Agenda Designed to Outlive Governments – Deputy Gov, Obafemi Hamzat

Nigeria’s equities market extends rally into new week as investors gain $378.5mln

Nigeria’s equities market extends rally into new week as investors gain $378.5mln

Nigeria: Shettima, Sanwo-Olu rally investors as Lagos hosts major economic summit

Nigeria: Shettima, Sanwo-Olu rally investors as Lagos hosts major economic summit

Nigeria: Additional sugar tax may have unintended consequences across industrial value chain

Nigeria: Additional sugar tax may have unintended consequences across industrial value chain


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13 hours ago

Algeria, Nigeria, Niger Advance Long-Stalled Trans-Saharan Gas Pipeline Project

MENAFN

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Jun. 8, 2026

Why CAD Remittances Into Nigeria Continue to Rise in 2026

EIN Presswire

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Jun. 8, 2026

RedCloud Signs Leading Beverage Manufacturer to RedAI; Lagos Deployment Scales to Up to 100,000 Retailers

GlobeNewswire, Inc.

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Jun. 3, 2026

Nigeria Kills Fifty of Militants in Borno Operation

MENAFN

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Jun. 4, 2026

NWD Golf Unveils 2026 Strategy for Nigeria: Maximizing Urban Land Value Through High-Yield 'Short' Course Design

EIN Presswire

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Jun. 2, 2026

Cholera Kills Over 40, Infects 3,000 Across Nigeria's Borno State

MENAFN

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