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AGP Executive Report

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Digital Payments in West Africa: BanffPay (Liberia) secured a Payment Service Provider license from the Central Bank of Liberia, setting up Africa’s first unified Pay-In/Pay-Out API to let fintechs and businesses connect once for multiple payment flows. Electricity Costs & Subsidies: Nigeria’s federal government spent ₦358.32bn on electricity tariff subsidies in Q1 2026, with the drop driven more by lower DisCo offtake than better tariff recovery. Cross-border Power Debt: NERC says Togo, Benin and Niger owe $12.66m for electricity bills in Q1 2026, remitting only about 27.6% of invoices. Security & Business Compliance in Edo: Edo ordered businesses in the state to install CCTV by July 30 and warned against planned “7/7” cult celebrations, after arrests in Uromi and Auchi. Market Crackdown in Edo: Edo demolished illegal structures and stalls under a 132kV line in Egor Market after a fire outbreak, saying traders were informed and no goods were destroyed. Education & Jobs Support: NYSC partnered with Wema Bank to equip outgoing Edo corps members with employability and entrepreneurship skills. Culture & Returns: Edo Governor Okpebholo said the returned Benin Bronzes belong to the Oba’s palace and should not be politicised, as Nigeria received 18 bronzes and other objects. EFCC Enforcement: EFCC secured convictions of 10 people for naira mutilation after spraying currency at parties in Delta and Edo. Vehicle Import Relief: Nigeria Customs confirmed reduced import duties on used cars (15% to 5%) and new cars (20% to 10%) under 2026 policy.

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.

AGP Wire

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Jun. 30, 2026

World Food Prize Foundation honors African agri-food innovators in Nairobi

AGP


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Jul. 2, 2026

WTO-OIF report highlights the transformative impact of digital trade for an inclusive global economy

World Trade Organization

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Jun. 16, 2026

Adherence to biosafety and biosecurity protocols: An assessment of biomedical and veterinary laboratories in Benin

EIN Presswire

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May 30, 2026

University of Benin Hosts 6th Biennial International Conference on Franco-Nigerian Literature, Language and Culture

EIN Presswire

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Apr. 14, 2026

Benin’s Hounkpe Concedes Defeat in Presidential Election

MENAFN

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Apr. 13, 2026

Benin's Vote Count Phase Underway

MENAFN

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Apr. 12, 2026

Benin Heads to Polls to Elect New President

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