Nature & Fiduciary Duties: A new Africa-focused report warns directors across Kenya, Nigeria and South Africa could face penalties if they fail to manage nature-related risks like biodiversity loss, water scarcity and land degradation. FX Market & CBN Policy: The CBN cut spending on naira-settled OTC FX futures transaction costs by 91.5% in 2025, saving about N11.6bn, as activity in the market continues to shrink. Banknote Production: CBN says foreign security printing firms handled 65% of Nigeria’s approved banknote production in 2025, despite the presence of NSPM. Tax & Informal Businesses: New tax reforms under the NTAA 2025 raise fears that “no TIN, no contract” rules could lock micro-suppliers out of corporate deals. Food Prices: Rice prices reportedly crashed to about N48,000 per 50kg bag, easing costs for consumers but squeezing local millers and farmers. Governance & Accountability: SERAP urges presidential candidates to declare assets and liabilities ahead of 2027, while HURIWA demands forensic probes into “missing” safe schools billions and rejects amnesty for looters. Security & Rule of Law: Reports highlight escalating jungle justice and a reported kidnapping of Jezco Oil founder Joseph Ezeokafor in Anambra. Markets: Nigerian equities gained N187bn week-on-week, though market breadth stayed weak. Power Sector: Geregu Power’s bond default marks the first corporate debt market default in seven years, underscoring cracks in the power sector.