AGP Executive Report
Last update: 7 hours agoDangote Refinery IPO Push: Nigeria’s SEC has cleared Dangote Petroleum Refinery’s IPO, with 4.1bn shares at ₦525 each (up to about $1.6bn) and an expected listing date of Sept 14—aimed at scaling capacity and boosting local fuel supply. Fuel Subsidy & Pricing Politics: Nigeria’s fuel subsidy debate heats up as Seyi Makinde argues Nigerians shouldn’t pay more due to border failures and calls for a fair, transparent pricing framework; Sowore also insists he opposed subsidy removal since 2019 while warning current wages and living costs don’t add up. Power Tariff Pressure: Consumers react to plans to scrap Nigeria’s Band A electricity tariff and restore full subsidy, while South Africa’s Nersa opens public input on Eskom’s 2027/28 tariff structure (8.83% average increase). Consumer Health & Food Security: Stakeholders urge rice fortification to tackle hidden hunger in Nigeria. Safety Shock in Oil Theft: At least 37 die after toxic fumes during alleged petrol theft in Rivers State, highlighting risks around pipeline siphoning. Digital Consumer Services: Ethiopia’s ESL launches a digital customer self-service platform for port and cargo operations, and Morocco’s call-centre sector braces after France’s telemarketing ban. Retail & Payments: South Africa’s DStv adds bill-splitting via the MyDStv app, while Nigeria’s fintech FairMoney tops 30m registered users.
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.
Perspectify News
