AGP Executive Report
Last update: 8 hours agoSecurity & Justice: A Nigerian man, Adebola Festus Adekunle, has been extradited to the U.S. and arraigned over a Mississippi sextortion case linked to the 2022 suicide of 16-year-old Walker Montgomery, with charges including sexual exploitation of a minor resulting in death and interstate threats. Governance & Federal Finance: A fresh debate is growing over how Nigeria’s post-petrol-subsidy FAAC inflows are boosting state treasuries, even as citizens keep blaming Abuja for cost-of-living pain. Banking Reform Watch: Five months after the recapitalisation window, questions are resurfacing on what the N4.65tn raised by banks is actually delivering to the real economy beyond bigger profits. Power & Regional Trade: NERC says Togo, Niger and Benin owe Nigeria $11.16m for 2025 electricity supplied, with remittance performance at 84.9%. Digital Business Rules: Meta plans per-message charges for WhatsApp Business Platform service messages from Oct 1, 2026, affecting large customer-support and transactional users. Industry & Skills: Kaduna’s new vocational institute is set to reduce reliance on imported skilled labour, while Nestlé’s MYOWBU initiative pushes mobile operators toward better business discipline and waste recovery. Markets: NGX rebounds as the All-Share Index rises 0.90% and market cap gains N1.38tn.
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