AGP Executive Report
Last update: 3 hours agoMobile Money & Fraud Watch (Nigeria): Access Bank warned customers about scams using fake promotions and shopping deals, urging people never to share OTPs, PINs or card details and to use its fraud hotline/assistant if accounts look compromised. Consumer Credit Cooling (Nigeria): Nigeria’s consumer credit shrank by N939bn in 2025 as high rates and tighter lending reduced household borrowing, with retail loans rising while personal loans fell sharply. Banking Service Benchmark (Ghana): UBA Ghana topped customer satisfaction (98.7%) and ranked second for consumer service quality in the 2025 Ghana Customer Satisfaction Index, citing investments in branches and digital support. Ride-Hailing Expansion (Kenya): Bolt added tuk-tuks in Mombasa to broaden access to the city’s popular three-wheeler transport via the same app. Food & Feed Safety (Kenya): Kenya’s new Food and Feed Safety Control Co-ordination Act took effect, aiming to streamline agencies and strengthen oversight of animal feed and food risks. Electric Cooking Push (Tanzania): Tanzania says electric cooking now reaches 14m people, with support for schools and trained technicians under the MECS programme. Port & Logistics Pressure (Tanzania): Inland container depots in Dar es Salaam are straining roads, pushing authorities to rethink storage, transport routes and urban planning. Energy Trade Deal (East Africa): Tanzania and Uganda signed with Vitol to develop Tanga Port into a regional energy hub, targeting storage and logistics for Uganda’s crude and petroleum flows. Naira Update (Nigeria): The naira held near ₦1,368 per dollar in the official market, with the street rate around ₦1,405. Market Pulse (Nigeria): Nigeria’s equities market climbed toward N160tn market cap, led by Airtel Africa gains. Consumer Protection Abroad (France): France banned unsolicited telemarketing calls under a new opt-in law with penalties, aiming to curb intrusive sales practices.
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.