AGP Executive Report
Last update: 10 hours agoPower Disruption in Lagos: Nigeria’s grid operator, TCN, says a voltage instability on the national grid triggered shutdowns and line outages, causing widespread electricity interruption across Lagos and nearby areas, with restoration underway. Fuel Price Watch: Dangote Petroleum cut petrol (PMS) again, lowering the gantry price from ₦1,175 to ₦1,125 per litre, citing market conditions and affordability goals. Consumer Fraud Alert: South Africans are urged to verify payments and beware AI-driven scams that clone trusted brands and even journalists’ social accounts to lure victims into fake investments. Tomato Prices Rising: Nigeria’s fresh tomato costs keep climbing due to supply shortages and insecurity in farming areas, pushing households toward cheaper substitutes like tomato paste. Agriculture Costs Bite: With diesel prices soaring, more northern Nigerian farmers are switching to ox-drawn ploughs as tractor services become too expensive. Kenya MSME Skills Gap: A report finds up to 93% of women traders in Kenya have never had enterprise or business training, limiting growth through weak record-keeping and financial literacy. Airport PPP in Nigeria: FG hands Enugu’s Akanu Ibiam International Airport to Aero Alliance under a PPP concession, aiming to boost safety, efficiency and passenger experience. Equity Dividend & Expansion: Equity Group shareholders approve a Sh21.7bn dividend payout and back insurance expansion plans in Kenya and the DRC.
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.