AGP Executive Report
Last update: 9 minutes agoFuel Retail Upgrade (Nigeria): NNPC Retail rolled out self-service, smart fuelling at selected stations in Abuja, letting motorists pay via the NNPC Fuel App, receive a code, and dispense themselves; NNPC targets 50–70 smart stations nationwide within six months. Health Manufacturing (Nigeria): Health Textiles Nigeria FZE began local production of next-generation dual-active ingredient insecticide-treated mosquito nets (PermaNet Dual), aiming for ~10m nets annually and 600+ jobs. Oil Price Pressure (Global/Nigeria): Brent jumped to around $107 on US–Iran shipping and route-risk concerns, pushing fresh fuel-price anxiety for Nigerian consumers. Capital Markets Access (Nigeria): Daba Markets and Coronation announced a strategic distribution arrangement to expand eligible investors’ access to Nigeria’s capital market via Daba Finance’s platform and Coronation’s regulated services. Retail & Consumer Tech (South Africa): Growthpoint confirmed mall redevelopments at Walmer Park and Greenacres in Gqeberha, while Massmart is testing small-format Makro stores inside Game locations. Direct Selling Focus (Kenya): QNET appointed Jared Thwaits as regional boss for East and Southern Africa, putting Kenya at the centre with stronger distributor education and consumer protection. Energy Infrastructure (South Africa): Transnet reported a return to profit for FY ended March 2026, with revenue up 7.1% and improved cash generation. Market Pulse (Nigeria): NGX edged up 0.06% as investors returned to oil and gas/commodity-linked stocks; trading volume surged.
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.