Ogochukwu Onwaeze, THEWILL

Brent crude, the global benchmark, rose 3.4 percent to $91.10 a barrel, while US West Texas Intermediate (WTI) gained 3.6 percent to $86.40, according to the latest market report.

OPay Digital Services has denied a viral social media publication claiming that the fintech company plans to suspend operations from September 1, 2026, assuring customers that its services remain fully operational.

Minister of Marine and Blue Economy, Adegboyega Oyetola, disclosed this while presenting the ministry’s three-year scorecard in Abuja, attributing the increase to regulatory reforms, stronger revenue assurance, digitisation and measures introduced to eliminate financial leakages.

The proposed measure could take effect as early as this week, subject to further consultations and possible intervention, according to sources familiar with the refinery’s position.

Dangote made the comments during an interview with The School of Hard Knocks, where he described wealth rankings as a distraction and pointed specifically to the value of his refinery.

The Nigerian Exchange Limited (NGX) closed the week on a positive note on Friday, as renewed buying interest lifted the benchmark index and market capitalisation.

Investors overwhelmingly favoured Nigeria’s one-year Treasury Bill at the latest primary market auction, giving the Central Bank of Nigeria (CBN) room to lower the government’s borrowing rate despite exceptionally strong demand.

According to data from the National Pension Commission’s first-quarter 2026 pension industry report, 219,316 Personal Pension Plan RSAs had been registered as of March 2026.

NIBSS said the publication would provide a platform for regulators, financial institutions, fintech companies and other stakeholders to share insights on developments affecting the payments industry. The journal is available free of charge through the NIBSS website.

The confirmation, contained in a market notice published on Thursday, August 27, formally clears the uncertainty that had surrounded Nigeria’s return to the Frontier Market universe after the transition was placed under further review in June.