AGP Executive Report
Last update: 11 hours agoFX & Inflation Watch: Nigeria’s naira slid at the start of the week on both official and parallel markets, while traders pointed to the CBN’s updated Foreign Exchange Manual as a potential support for liquidity and compliance. Middle East Shock to Asia: India is bracing for higher oil-driven inflation and fiscal strain as the Iran war keeps energy prices elevated and threatens supply routes. Growth Snapshots: South Korea’s economy grew 1.8% in Q1 on semiconductor-led exports and a jump in facilities investment; Morocco’s 2025 growth accelerated to 4.9% with uneven sector performance. Policy & Jobs: Malaysia’s economy minister said wage hikes must be paired with productivity gains, pushing employers to buy in. Investment & Development: Nigeria’s Invest Lagos 3.0 summit pitched Lagos as a private-sector engine for a $1tn economy; Oman signed new Duqm Special Economic Zone deals, including green hydrogen downstream phases. Digital Economy Funding: Kenya secured €102m EU support to expand connectivity and digital growth, plus more funding for the Blue Raman cable. UK Labor Warning: The CBI forecast UK unemployment could hit 5.5%, with Iran-related energy and inflation pressures weighing on hiring.
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.
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