Nigeria Digest: July 19, 2025

Nigeria saw significant developments on July 19, 2025, with major political moves, economic strides, and security challenges. Key stories include local government autonomy debates, anti-corruption efforts, and tragic accidents impacting public safety.

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Business & Economy

FSDH Research believes Nigeria's economic outlook for the second half of 2025 is cautiously optimistic, predicting gradual stabilization driven by ongoing reforms and improved export performance.

- premiumtimesng.com

CBN MPC member Sagagi predicts the Naira will appreciate to N1,450/$1 by the end of 2025, citing positive impacts of exchange rate reforms and monetary policy adjustments.

- nairametrics.com

The Federation Account Allocation Committee (FAAC) distributed N1.818 trillion to the Federal Government, States, and Local Governments for June.

- theeagleonline.com.ng

First HoldCo has denied claims of selling its shares.

- theeagleonline.com.ng