Petrol Price Shock: Dangote Refinery lifted ex-gantry petrol by N15.50 to N1,181/litre as global crude nears $90, and depots followed with rates averaging about N1,200/litre—raising fears of more hikes if Strait of Hormuz tensions persist. Retail Relief Moves: NNPC Ltd cut petrol at some Abuja stations by N49 to N1,250/litre, after Dangote’s earlier N50 gantry reduction, easing pump prices in parts of Lagos and other hubs. Oil & Gas Policy Push: President Tinubu approved a deep offshore incentives framework to unlock up to $50bn in investment, using clear eligibility rules to revive stalled projects. Downstream Governance: Senate issued a 48-hour ultimatum to Seplat and other oil firms over NEITI audit queries, while regulators and lawmakers renewed calls for a credible West Africa refined fuel pricing benchmark. Payments Upgrade: NIBSS began rolling out the National Payment Stack (NPS), recording 26.55m transactions worth ₦1.4tn across 48 institutions. Digital Infrastructure Protection: NCC warned road contractors to prevent fibre-optic cable damage, citing thousands of fibre cuts and the knock-on effects on banking, services and commerce. Food Trade Disruption: Nigeria’s N945bn onion industry faces export suspension to Ghana after market restrictions at Kotoku Market, threatening perishable losses and ECOWAS/ AfCFTA compliance. Aviation Operations: Domestic airlines resumed after unions paused strike action over the 5% ticket charge, though cancellations and passenger backlog management continue. Creative Sector Funding: Nigerian creatives urged to build stronger structures and funding; iDICE highlighted financing options to turn talent into sustainable businesses. Housing Finance for Diaspora: FMBN launched an NHF Diaspora Mortgage Loan in London, offering a formal route for Nigerians abroad to buy homes. CNG Skills Drive: NADDC and NYSC flagged off CNG retrofitting training for 300 corps members to grow Nigeria’s clean mobility workforce. Consumer Safety: FCCPC and food experts moved against unsafe bakery practices, warning on banned additives like potassium bromate.