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KEGOZ MARKET WATCH KEGOZ BULLETIN · 02 NOV 2026 ·UPDATE
  • PMS · Depot average₦1,331/L▼ ₦15
  • DIESEL (AGO) · Basket median (older quotes included)₦1,810/L▼ ₦10
  • COOKING GAS (LPG) · Depot average₦1,210/kg▲ ₦10
  • BRENT · January contract · 30 Oct settlement$113.43/bbl▲ $2.63
  • USD/NGN · NFEM closing rate · 30 Oct₦1,346/$1
  • USD/NGN · Parallel · 2 Nov bulletin₦1,382–1,388/$1
  • DANGOTE PMS · Depot · 2 Nov₦1,225/L
  • DANGOTE AGO · Depot · 28 Oct₦1,840/L
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  • NNPC PMS · Abuja pump · 16 Oct₦1,405/L
Source: KEGOZ Daily Trading Intelligence Bulletin, Issue 060. Indicative prices; quote dates vary. Depot-average changes vs Issue 059. Basket includes older quotes; PMS median may overstate the current market. Brent is the January contract; the December contract expired at $117.64 on 30 Oct. Verify with suppliers before trading. Not a live feed.

Port Harcourt Set to Celebrate Niger Delta Cultural Fashion Festival 2026

Port Harcourt is set to host the third edition of the Niger Delta Cultural Fashion Festival, bringing together fashion designers, models, artisans, entrepreneurs and cultural enthusiasts for a two-day celebration of the region’s traditional identity and creative industry.

Scheduled for November 7 and 8 at EUI Centre, Port Harcourt, the festival is organised by Fashion Xperience Festival in partnership with the Rivers State Government. This year’s edition is themed “Culture’s Future: A Celebration of Yesterday’s Ancestry and Tomorrow’s Artistery.”

The event will spotlight the diverse fashion traditions of the Niger Delta, with particular attention to cultural fabrics, accessories and styles that have remained important to the identities of different communities across the region.

Traditional outfits and cultural materials expected to feature include George, Etibo, Isiagu, Akwete, Kalabari beads, Isoko Khe’mbi and Itsekiri Kemeje, offering designers and creatives an opportunity to present these heritage styles through contemporary fashion.

Beyond the runway, the two-day festival will feature traditional fashion parades, designer showcases, exhibitions, networking sessions, a technology corner, festival parties and local cuisine. Cultural exhibitions from the nine Niger Delta states — Rivers, Delta, Bayelsa, Akwa Ibom, Edo, Imo, Abia, Ondo and Cross River — are also part of the programme.

One of the key ideas behind this year’s edition is the belief that culture can become an economic resource. With the theme ‘Culture is Market’, the festival seeks to highlight how traditional fashion, indigenous textiles and local craftsmanship can create opportunities for designers, young entrepreneurs and artisans.

Discussions around shared identity and collaboration among the Niger Delta’s diverse communities will also form part of the programme, particularly the role of young people in preserving cultural heritage while building stronger creative and economic connections.

The festival presents another opportunity to showcase the city’s cultural and creative potential beyond its established oil and gas identity. It also adds to the growing conversation around fashion tourism and the need to create more platforms where indigenous designers and traditional craftsmanship can gain wider recognition.

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