AGP Executive Report
Last update: 10 hours agoDangote IPO: The refinery says its share offer has drawn investors from 51 African countries and more than 90 countries worldwide. It closes October 27; eligible Nigerian students who buy at least 10 shares can apply for 10 more funded by the Aliko Dangote Foundation. Food Affordability: Nigeria spent $1.19 billion on food imports in six months, while a regional food-system analysis points to losses between farms and consumers from gaps in storage, processing and finance. Fuel Costs: Brent crude neared $110 a barrel, prompting warnings that higher petrol and diesel costs could feed into transport and the prices of food and other essentials. Consumer Protection: NAFDAC destroyed fake and substandard products worth ₦2.6 billion in Rivers State, while Lagos warned shops over expired and counterfeit goods. Online Retail: South Africa’s clothing retailers’ association says an outright ban on Shein and Temu would be too blunt; it favours closer scrutiny of how offshore platforms meet tax and import rules.
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