AGP Executive Report
Last update: 4 hours agoPorts & Trade Loss: Nigeria mourns former PDP national chairman and ex-Gongola governor Bamanga Tukur, who died at 90 in Abuja; leaders across parties and the North praised his decades spanning Nigerian Ports Authority leadership, industries ministry, and pan-African business roles, with burial set for Yola on Sunday. Maritime Security: A Russian-flagged, US/EU-sanctioned cargo vessel, Lady Mariia, was hit by drones off Africa’s coast, raising fresh fears that the Russia-Ukraine conflict could spill into African shipping routes. Refining & Capital Markets: Dangote Refinery IPO details continue to land: Zenith Bank opens digital and branch subscription channels for the ₦2.15trn offer from Sept. 14, with shares priced at ₦525 and a minimum of 10 shares. Energy Investment Dialogue: Ahead of African Energy Week in Cape Town, the African Energy Chamber urged leaders to protect cross-border energy investment and keep dialogue open despite Nigeria–South Africa tensions. Investor Protection Alert: Nigerians are reportedly counting losses after online platform PXES stopped paying and became inaccessible, with angry investors storming offices in Adamawa and Kogi. Aviation Consumer Watch: NCAA fined RwandAir ₦15m over delayed resolution of a damaged baggage complaint, ordering bag replacement and $170 compensation.
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