AGP Executive Report
Last update: 12 hours agoNigeria FX & markets: The naira ended the week stronger at N1,380.18 per $ at the official window as CBN reforms keep tightening transparency and liquidity. Digital assets regulation: President Tinubu signed an executive order creating a Virtual Asset Council to harmonise oversight, aiming to curb fraud, money laundering and revenue losses. Crypto volatility: Bitcoin’s sharp selloff triggered about $12bn in liquidations amid renewed regulatory fears around stablecoins. Global equities: U.S. stocks slid as semiconductors entered a technical bear market, while Europe also softened ahead of key policy signals. EU–China trade: France and Germany agreed a roadmap by September to tackle China trade imbalances and push faster EU investigations. Pakistan capital markets: Finance officials reviewed reforms to deepen the corporate debt market and grow local currency-linked bonds. Ghana banking growth: Ghana’s rural banking sector reached GHS26bn in assets with 147 licensed institutions serving 8m+ customers. Malaysia FX & gold: Ringgit seen in RM4.06–4.08 range next week; gold expected to trade sideways with a slight bias on rate and geopolitics uncertainty. Corporate moves: HSBC kept a Hold on CK Asset Holdings while J.P. Morgan reiterated Buy. Berkshire update: Warren Buffett accelerated plans to dispose of Berkshire shares within about eight years, shifting donations to four foundations.
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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