NCDMB Innovation Push: The Nigerian Content Development and Monitoring Board (NCDMB) rewarded engineering innovators at its maiden Nigerian Engineering Olympiad in Lagos, with Modibbo Adama University’s Team Mavericks winning a ₦50m grand prize for a community security alert system, alongside other winners from UI, UNIOSUN and UNN. Power Sector Investment: Nigeria’s mini-grid market got a boost as the Rural Electrification Agency (REA) said the mini-grid capacity ceiling was raised to 5MW (isolated) and 10MW (interconnected), improving bankability and investor appetite. Fuel Price Watch: Fresh cuts are rippling through the downstream market as Dangote Refinery reduced PMS gantry price to about ₦1,075/litre and filling stations in Abuja reportedly followed with lower retail prices. Customs Leadership: President Tinubu congratulated Nigeria’s Customs boss Bashir Adeniyi on his re-election as Chair of the World Customs Organisation Council, praising reforms and the B’Odogwu clearance platform. PFIPC Scandal Fallout: Fresh documents and renewed public anger continue to dog the alleged “fake agency” PFIPC controversy, with calls for independent probe. Budget Accountability Row: Atiku Abubakar renewed pressure on Tinubu after an IMF disclosure on “missing” 2% of GDP spending, demanding answers and investigations. South Africa Xenophobia Trade-Off: Nigeria demanded compensation from Côte d’Ivoire over the death of trader Usama Murtala in Abidjan prison, while South Africa rejected Nigeria’s compensation claims over abandoned properties amid xenophobic unrest. Markets & Banking: Nigeria’s stock market ended the week higher, while calls grew for CBN to push banks to lower lending rates post-recapitalisation; UBA also announced ₦400m+ customer loyalty bonuses. Energy, Tech & Business Growth: Nigeria joined the International Energy Agency (IEA) as an associate member, and Luno Nigeria secured SEC approval in principle to operate, signalling deeper fintech regulation.