AGP Executive Report
Last update: 6 hours agoPort & Trade (Ghana): Ghana’s Port of Keta is drawing serious investor interest after environmental clearance, with the GPHA saying 42 local and international firms have expressed interest. GPHA plans to review proposals over the next three months, shortlist four preferred bidders, then run financial, technical and governance due diligence; the port headquarters is now expected to be operational by January 2027. Corporate Finance (Nigeria): Aradel Holdings reported N835.0bn pre-tax profit for FY2025, up 163.6%, and announced a final dividend of N23 per share (total N33 for the year), citing stronger earnings and one-off gains from its ND Western and Renaissance transactions. Energy & Power (Nigeria): Bayelsa’s 60MW power plant test run is improving supply in parts of Yenagoa, but residents and officials are clashing over billing readiness as PHEDC moves to collect electricity bills. Oil & Gas Security (Nigeria): Pipeline Infrastructure Nigeria Limited links Nigeria’s crude output rise (and OPEC quota outperformance) to improved Trans Niger Pipeline surveillance, stronger community engagement, and reduced theft/vandalism. Tax Enforcement (Niger State, Nigeria): Niger State Internal Revenue Service sealed two Unity Bank branches over an alleged N1.7bn tax default for 2022–2024, after court approval. Security (Niger, Niamey): Niger’s authorities launched a search for attackers after a JNIM-linked assault on Niamey’s airport killed at least 11 soldiers and two civilians; flights later resumed under heavy security. Development Finance (IsDB): IsDB Group Chairman reaffirmed partnerships with Niger, Guinea and Senegal during the 2026 annual meetings in Baku, focusing on education, agricultural value chains, strategic infrastructure and the Kandadji Dam program.
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