Fuel & Transport Costs: Nigeria’s average petrol price rose 18.97% to ₦1,532.93/litre in April, while diesel jumped 50.16% to ₦2,474.69/litre, deepening cost pressures for households and businesses. Downstream Compliance: Nigeria Customs sealed a vessel at Tin-Can Island Port over PMS discharge without proper clearance and missing last-port documents, underscoring tighter enforcement in oil logistics. Manufacturing Outlook: CPPE says manufacturing recovery is still fragile despite Q1 2026 GDP growth of 3.89%, with services driving most expansion. Policy & Economy Debate: Tinubu marked his third anniversary by arguing fuel subsidy removal prevented bankruptcy and that states can now pay salaries without federal bailouts, while Atiku and CSOs counter that insecurity and poverty are worsening. Clean Energy Push: FG reaffirmed support for Nigeria’s electric vehicle industry and highlighted CNG infrastructure rollouts, as EVAMAN engagement points to local content and technology transfer. Aviation & Refining: Dangote Refinery emerged as the world’s biggest jet fuel exporter in April and plans a $10bn expansion, while Nigeria and AfDB move to operationalise a $7bn aviation transformation programme. Trade Integration: ECOWAS moves to operationalise the ECOWAS Business Council with Dangote to boost regional trade and industrial investment. Finance & Business: Quest Merchant Bank’s GCR ratings were affirmed with a Stable outlook after capital raise and improved liquidity, while POS operators threaten to suspend services over alleged payment exclusivity practices. Industry People & Growth: Nigerian Breweries appointed Nkechi Runsewe as HR Director, and Wema Bank named 10-year-old Ozoakpata as its One-Day MD/CEO winner to spur early financial literacy.