Archived edition · 13:35 Lagos
Wednesday 23 September
- New articles analysed in today’s runs
- 20
- High-risk articles today
- 2
- Board appointments today
- 3
- Contract awards today
- 2
Key Developments
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Refining Sector Shift
Dangote Petroleum Refinery has initiated the largest IPO in African history to transition from private to public ownership, though analysts warn of a potential market monopoly ([Al Jazeera English](https://www.aljazeera.com/opinions/2026/9/22/nigerias-refining-revolution-has-a-monopoly-problem)).
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Energy Regulation
The NMDPRA has approved the import of 830,000 tonnes of petrol amidst an ongoing legal conflict with the Dangote Refinery ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMi0AFBVV95cUxPeWd3VnF1VWJyZ1V2d2lYS05XbkIwTnNybEVVZEtjaGlEMTVYWkRlNHNoMXFpcTVQU3A4QW9kRzg1T0gzdWtacG91LXZBM2U0ZURTSzAtcjNXdGJpMy1VN29BNllTRHBzcTB4OU8ySHZDUUo0VW11VzlpczhJV2VCYkFkc3dnNF83a2NDX25kNXVBMzUxUnpxV042NjI3S05OTXZJTkxDM1hEVHBwQmlWa0lVRlFGQnp2VnA3ZWQ0a3piT25EbGlXNF95LS04eFZG)).
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Infrastructure & Transit
FAAN reported a rise in passenger traffic to 18.8 million for 2025 ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMimwFBVV95cUxOVnZCLUlxSzNEbHRNU01US1E4VGV2aDRYZVYzZDJFM05qZl9xaDd6eXlrMEFVNjhlajRMVEROMDI3SlpDUVNPUldpdnd1b3JacWNvalhxZ3drdDdaYjhEZGNlMmV1aTh4T2YyeXpqcm1GQzc0Z3BWZ3pRQThZai1hQ050Mkc1VTI1MjJoZDBhY2hacGNSNjVtSnFBTQ)), while reconstruction is underway at Terminal 1 of the Murtala Muhammed International Airport ([Punch Newspapers](https://news.google.com/rss/articles/CBMimgFBVV95cUxNdmhJLXRtbmRqVWxzTFI0ZmVIZ0x0Mm9NVmJUbFpmeE9qWEU5ZFRabTRpYnF1MUVWWEYzOEhLT2dOOFhFVTB1ZnZoRk96eDZtLWtKZFlwczBZNGJZQl95VW1oRkNCbjVBREJzVVVmTmloRmNTeW5CbWt0ZEMyS1FaRTFpRHZuMGNJRWstVE9oOG5PLUp0dDczVTF3)).
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State Governance
Edo and Lagos states are intensifying regulatory enforcement by sealing facilities that violate health and environmental standards ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMilAFBVV95cUxNTzdiOHphTkRzOE9RU0lIcVZmUlQtRzF2ZWZwSnZQSWo0UEMxOHNSTXVEMEo0SWtHUTZia3NvZXJoRXN5QTNEb1FrZUZibXphb2pmSDFEWS12ZVZvM0syb1lsWHN1dktWa085blh5YXAzbjQ0VzFlck5YSTVGMGZBSEpHMkh4bS1fTHNVeTBZWm9raG9o?oc=5), [punchng.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxNbEk2US1aNUMxcVM0ZEczX2pIUE5WaDJXV3owZ3czM0lNbTBjWGc1b2xLdm5pOXh3VnZETGwwZ3F0bmJjZUNZQ2ppRFdyeXlMYzFsaFdrN3VvWjM3ejZveFh2RURfWGNLRGd3TWRQRjZYT2p6ekE1QlhSZ0NibllZVzY1LS1tY0V5eUFSQmRpN2E?oc=5)).
High Risk Alerts
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International Corruption
A special report has detailed five international corruption cases involving Atiku Abubakar and his former wife ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOYmFMUlUyYTlqbW5lMjZpd3ZOQk1pUHg1N1VxUXFGc3ZyRE55S2kxczQwUi1wMXY1TnJ3TkNSa0wtdWM1NERYV2hJeXRHQkJXYVdYZC1iUElBeml5aW5uVk5VYnFPWTVZNVN0Qk5tRUhyR1ROck82ZFJ3ZFB4ZVcyQnJFcV9GdUJCVjE2T0NWZzZPTUNqSWJrN1BIUDFfYVpVSzFiSzduZmlUSGJ6a0VCZnZUT3lDMUNsX3MzVTdGRXZNLUpqSzdPb0FWWnZ0SVpBM2xQOG5n?oc=5)).
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License Threats
The federal government has threatened the revocation of licenses for fuel stations engaging in under-dispensing ([punchng](https://punchng.com/govt-threatens-licence-revocation-over-fuel-under-dispensing/)).
Beneficial Ownership & PSC Disclosures
No Persons with Significant Control (PSC) were identified in the provided data.
Procurement & Board Changes
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International Funding
The Korea International Cooperation Agency (KOICA) has increased its Nigeria portfolio to $82.74 million for agriculture and job creation ([Vanguard News](https://news.google.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)).
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Executive Appointments
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LemFi
Appointed Dr. Haydar Daudu as Head of Regulatory Affairs and Policy, West Africa ([The Punch](https://punchng.com/lemfi-appoints-dr-haydar-daudu-as-head-of-regulatory-affairs-and-policy-west-africa/)).
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SUNU Assurances
Appointed Chukwu as Director and transitioned to a new external auditor ([punchng](https://punchng.com/sunu-assurances-appoints-chukwu-director-changes-external-auditor/)).
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African African University (AATU)
Appointed its first substantive Vice Chancellor ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMibEFVX3lxTE9BYjNfWll6dUFYRWo4T294V2dQYjN6ODdKdmRUWXdXVXhESFBac1FOaFpDSDlZMXQxYl9KRnFyUE5pU2FpQlRFWUFWN0lMcFdSV21NcmlkSmgxTDFJRktGdDB6Sm5aT0s4LVlyZA)).