AGP Executive Report
Last update: 4 hours agoFuel Relief in Nigeria: Dangote Refinery cut ex-depot petrol to ₦1,165/litre (from ₦1,215) and diesel to ₦1,570/litre (from ₦1,650), effective Aug 6, with marketers expected to adjust pump prices. Fuel Watch in East Africa: Tanzania’s EWURA also reduced August retail caps—petrol down to 3,898 shillings/litre and diesel to 3,978—citing easing global oil costs. Consumer Pressure on Telecoms (Kenya): Kenya’s regulator received 670 complaints on service quality in Q4 (ended June), with mobile operators the biggest share; it flagged risks like SIM-swap fraud and digital scams. Banking Cyber Alert (Nigeria): Zenith Bank customers were urged to check balances after a data breach exposed customer contact details. Crypto Tax Pushback (Nigeria): Nigeria’s new virtual-asset tax guidelines face criticism over a 1.5% stamp duty on fiat-crypto conversions. Trade & Logistics (UAE/Dubai): Sumea opened SUMEAWORLD, a 12,000 sqm global trade hub in Jafza to consolidate sourcing, warehousing and re-export for consumer goods across 75+ countries. Aviation for Consumers (India/Zimbabwe): Air India appointed Ethiopian Airlines’ Tewolde Gebremariam as CEO, while Emirates and SAA expanded codeshare to Harare and Victoria Falls to improve regional connectivity.
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