Global oil prices have decreased to levels not seen since before the US-Iran war, leading to expectations for lower petrol prices, according to Daily Trust. Despite this drop, fuel prices in Nigeria continue to exceed N1,000, raising concerns about the slow transmission of global market changes to local consumers and businesses.

According to Onyema, Nigerian airlines are increasingly reliant on bank loans due to rising fuel costs. This statement follows the recent announcement by Dangote Petroleum Refinery, which reduced the price of aviation fuel (Jet A1) to N1,450 per litre. The situation underscores the ongoing challenges faced by domestic airlines in Nigeria amid fluctuating fuel prices.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has renewed its partnership with TotalEnergies for an additional 24 months to deploy advanced methane detection technology in its upstream operations. This initiative aims to reduce greenhouse gas emissions and support NNPC's decarbonisation targets, according to Vanguard Business.

TotalEnergies Marketing Nigeria Plc announced it will not pay a dividend for the financial year ending December 31, 2025, due to significant challenges in the downstream petroleum industry. The company reported a loss after tax of N13.853 billion, a reversal from a profit of N27.496 billion in the previous year, attributed to the ongoing petrol price war.

Hon. Sani Ahmed Toro, a former Secretary General of the Nigeria Football Association, has urged Nigerian football stakeholders to exert pressure on the National Sports Commission and the Nigeria Football Federation to implement the newly announced prize money and salary structure in the Nigeria Premier Football League. This call comes in light of recent developments regarding financial incentives in the league.

Despite a decline in global oil prices to levels seen before the US-Iran conflict, petrol prices in Nigeria remain high, leading to rising expectations among the public for a decrease in local fuel costs, according to Naija News.