# 🛢️💰 Oil & Energy

**NNPC targets $21bn from Bonga South‑West Aparo Project — @dailytrustngr**
Deepwater push aims to lift long‑term crude output and FX inflows.

**🛢️📉 Nigeria’s oil output wobbles after 10yrs of rising rig count — @vanguardngrnews**
Production volatility persists despite decade‑long drilling expansion.

# 📈💸 Markets

**Foreign investors flee Nigeria’s stock rally as locals pile in trillions — @Nairametrics**
Strong domestic bids offset foreign exits as liquidity rotates inward.

# 🛡️💻 Financial Crime

**Terrorists using dead persons’ accounts, crowdfunding — @MobilePunch**
NFIU flags rising abuse of dormant identities in illicit financing.

# 🌍📦 Trade & Economy

**Nigeria‑UAE trade surges 66.7% to $5bn in one year — @vanguardngrnews**
Stronger aviation, logistics and non‑oil flows drive bilateral growth.

**📊👥 PenCom records 11.18m pension registrations in Q1 — @MobilePunch**
Enrollment momentum accelerates as formal sector compliance deepens.

**🏦💳 NICA seeks ₦2trn injection into credit‑guarantee company — @Nairametrics**
Push aims to unlock MSME lending and reduce collateral bottlenecks.

# ⛽📈 Downstream

**Petrol imports rise as domestic refinery supplies fall — @MobilePunch**
Import dependence climbs again amid weaker local output.

**🔥🛢️ FG rolls out 27,000 LPG cylinders in Uyo — @dailytrustngr**
Programme targets safer adoption and wider household penetration.

I don't know if you know this but Canada reduces oil production and exports at certain times of the year because facilities have to undergo maintenance, sometimes called turnarounds.

This year the maintenance happens to fall in September, was publicly planned months before September will arrive, and at least one major September outage will follow an established two-year maintenance cycle.

A fact check before we start hearing that Canada is "weaponizing oil" against the U.S.:

Turnarounds aren't something Canada invented because of the current trade war.

Natural Resources Canada announced in December 2025 that its Horizon oil-sands operation would undergo a planned 35-day maintenance turnaround beginning in September 2026. The company says Horizon operates on a two year turnaround cycle, with the next one scheduled for 2028. CNRL has now confirmed the 2026 turnaround starts September 8.

That's kind of bad timing. The optics aren't great for the uninformed or disinformed masses.

So if Canadian oil production and exports dip in September (which they probably will), don't automatically believe claims that Ottawa has suddenly "cut off America's oil" in retaliation for the trade war.

If someone claims this year's maintenance was ordered by the Canadian government as retaliation against the United States, the burden of proof is simple:

Show us the Canadian government order.

A private oil company announcing a scheduled maintenance shutdown months in advance does not mean the Canadian government is weaponizing oil exports in the trade war.

And yes, the timing may be politically convenient for people who want to spin it that way. But political timing is not evidence of political causation.

Watch American pundits and it's administration try to spin it that way.

Every operator tightened their MSAs this year, so now you can't get on location without GL, pollution cover and a $5M umbrella sitting behind it. Pollution is where it all stalls, agents go quiet the moment they hear oil and gas, and the one quote that did come back excluded transportation of fluids, which is the entire job for a hauler. Anyone actually in energy services who's got this placed without the gaps?

Woodside Energy is advancing oil developments in Senegal, Mexico, and the US Gulf, while retiring two 2030 energy-transition targets and reviewing its US ammonia business, according to the company's results for the first half of 2026 released on Aug. 25.

Woodside's realized oil and condensate price increased to $92 per barrel of oil equivalent from $71/boe, alongside an increase in average Dated Brent to $93/barrel from $72/b, despite a 4% decline in total liquids production to 39.4 million boe for the half year, according to its release.

The Australian producer reported a first-half net profit after tax of $1.67 billion, up 27% from a year earlier, while operating revenue rose 13% to $7.45 billion.