EFCC Crackdown: The EFCC arrested Nigerian-American Adegoke Oluwatobi Adams over an alleged $320,000 cross-border vehicle import fraud, with victims reportedly paying after he advertised a 2024 Mercedes-Benz G63 AMG for shipment to Nigeria. Markets: NGX stayed bearish as profit-taking deepened losses, wiping about N2.18tn from market value in one session and dragging the All-Share Index down 1.27%. FX Pressure: The dollar hit a 12-month high, pushing the naira down at the official market to about N1,363/$ after a Fed signal that could keep rates tighter. Energy Relief: Dangote Refinery cut LPG depot prices by N170/kg, with depot operators following, raising hopes of cheaper cooking gas for households. CBN Compliance Push: CBN ordered banks and fintechs to disclose their real owners under new beneficial ownership rules to curb financial crimes. Food Security & Industry: Tinubu praised fertiliser value-chain support through MOFI and NADF, while FG said it mobilised $380m in 90 days under the Nigeria Industrial Policy to boost MSMEs and manufacturing. Security & Justice: NDLEA said it is targeting drug cartels’ financial assets, while WELA demanded answers over continued school abductions despite the Safe Schools Initiative. Trade Finance: IsDB’s ITFC opened at the 2026 annual meetings with trade-finance and private-sector cooperation deals, including Nigeria.