AGP Executive Report
Last update: 12 hours agoJob Market Shock: Nelson Mandela Bay’s unemployment jumped to 29.8% in Q1 2026, up 7.5 points year-on-year, with the Eastern Cape also hit hard as tens of thousands of jobs were lost—business groups warn this is turning into a structural crisis. Identity & Service Access: Nigeria’s NIMC rolled out WhatsApp and live chat support for NIN enquiries, aiming to cut physical visits and speed up verified guidance. Power Security & Consumer Billing: TCN reported an attempted breach at its Ogbomosho transmission substation, while Nigeria’s FCCPC backed Lagos moves to clamp down on estimated electricity billing and push smarter metering. Eid Supply Watch: LuLu and VIVA say they’ve started early, using global sourcing and cold-chain logistics to keep festive meat availability steady. Trade & Investment Push: Lagos announced a Commonwealth summit for June 8–9, pitching the city as a business gateway for policy talks and deal-making. Digital Lending Warning: At 3i Africa, a fintech boss warned that inclusion without strong consumer safeguards can trap borrowers in debt cycles.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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