Weekly Briefing For: Omotola Oluwashindara | Week of Aug 25 - Aug 30, 2025

TWN News

TWN News

Nigeria Roundup

Weekly Briefing

For: Omotola Oluwashindara | Week of Aug 25 - Aug 30, 2025

This dashboard provides a high-level overview of the major news and data points from across Nigeria this week. Use the key statistics for a quick summary and the top headlines to grasp the most significant events in each sector. This view is designed to be your starting point for understanding the week's narrative before diving into specific categories using the side navigation.

NGX ASI (Fri Close)

99,850.45 pts

-0.25% This Week

Official Forex (₦/$)

₦1,495.50

Trending Weaker

Bonny Light Crude

$85.20 /bbl

+1.5% This Week

Top Headlines This Week

Economy:

CBN introduces new forex stabilization measures to curb Naira's slide.

Development:

Lagos-Calabar Coastal Highway project reaches 30% completion milestone for first phase.

Education:

Federal Government and ASUU resume negotiations to avert planned strike action.

Sports:

Super Eagles coach Finidi George names squad for AFCON qualifiers against Benin.

Weekly News Sentiment

This section focuses on the economic and financial pulse of the nation. The charts below illustrate the weekly performance of the Nigerian stock market and the Naira's exchange rate against the US Dollar. These visualizations provide a clear picture of market trends and currency stability. Below the charts, you'll find detailed headlines covering key policy decisions, market analyses, and corporate financial news from the past week.

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NGX All-Share Index (Weekly)

Official NGN/USD Exchange Rate

CBN Unveils New Forex Guidelines

The Central Bank of Nigeria released a new circular aimed at stabilizing the foreign exchange market. The measures include stricter documentation for forex requests and increased supply to BDC operators. Analysts predict a short-term strengthening of the Naira.

Inflation Concerns Mount as Food Prices Soar

The National Bureau of Statistics (NBS) weekly report indicates a continued rise in staple food prices across major cities, putting pressure on household incomes and raising concerns about headline inflation for August.

Dangote Cement Declares Interim Dividend

Despite rising operational costs, Dangote Cement Plc announced a N10.00 interim dividend per share, boosting investor confidence. The news led to a 2% rally in its stock price on Thursday.

Foreign Portfolio Investment Shows Slight Uptick

The Nigerian Exchange Group reported a marginal increase in FPI for the first half of the week, suggesting a cautious return of foreign investors following recent economic policy statements from the finance ministry.

Explore the latest updates on infrastructure and national development projects across Nigeria. This section provides insights into the progress of key initiatives that are shaping the country's physical and technological landscape. The headlines cover everything from major transportation networks to advancements in the power and digital sectors, offering a snapshot of the nation's growth trajectory.

Lagos-Calabar Coastal Highway: First Phase Hits 30% Mark

The Minister of Works announced that the first section of the ambitious 700km coastal highway project is now 30% complete. The update was provided during an inspection tour of the Eko Atlantic to Lekki Deep Sea Port section.

FG Signs ₦50 Billion Deal for Power Transmission Upgrade

A new partnership with an international consortium was finalized this week to upgrade key transmission lines in the North-Central grid, aiming to improve electricity stability and reduce system collapses.

Kano State Launches Urban Renewal Project

The Kano State government has flagged off a significant urban renewal project focusing on road construction, drainage systems, and street lighting in metropolitan areas to tackle perennial flooding and improve city aesthetics.

Nigeria's Tech Startup Scene Secures $50m in Q3 Funding

Reports from tech industry trackers show that Lagos and Abuja-based startups, particularly in the fintech and agritech sectors, have attracted over $50 million in venture capital funding in the third quarter of 2025.

This section provides the latest news from Nigeria's education sector. It covers crucial discussions between the government and academic unions, policy updates affecting students and institutions, and innovative initiatives being implemented to advance learning. These stories highlight the ongoing challenges and progress within the nation's educational system.

FG and ASUU Resume Negotiations Over Welfare Package

Hopes for averting an industrial action were rekindled as the leadership of the Academic Staff Union of Universities (ASUU) met with the Federal Government's negotiation team. Both parties described the meeting as 'constructive'.

JAMB Announces New Guidelines for 2026 UTME

The Joint Admissions and Matriculation Board has released updated guidelines for the upcoming Unified Tertiary Matriculation Examination, including new protocols for biometric verification and the introduction of more CBT centers.

Lagos State Rolls Out Digital Literacy Program for Public Schools

In a bid to enhance digital skills, the Lagos State Ministry of Education has launched a comprehensive program to equip 100 public secondary schools with modern computer labs and provide training for teachers.

Nigerian Students Win Pan-African Robotics Competition

A team of students from a secondary school in Abuja has won the top prize at the Pan-African Robotics Challenge held in Accra, Ghana, for their innovative waste-sorting robot design.

Catch up on the biggest stories from the world of Nigerian sports. From national team preparations for crucial international fixtures to the latest action in the domestic football league, this section covers the highlights. Follow the journey of our athletes as they compete on both local and global stages.

Finidi George Unveils Super Eagles Squad for AFCON Qualifiers

Head Coach Finidi George has named a 25-man squad for the upcoming Africa Cup of Nations qualifiers against Benin Republic and Rwanda. The list features the return of Victor Osimhen and several new call-ups from the NPFL.

Enyimba FC Maintain Top Spot in NPFL

Enyimba FC of Aba held on to their lead at the top of the Nigerian Premier Football League table after a hard-fought 1-1 draw away to Kano Pillars. The title race remains tight with five games left to play.

Tobi Amusan Wins Gold at Zurich Diamond League

Nigerian hurdles queen Tobi Amusan continued her dominant season by clinching the gold medal in the 100m hurdles at the Diamond League meet in Zurich, clocking an impressive 12.35 seconds.

D'Tigers Begin AfroBasket Qualification Campaign

Nigeria's senior men's basketball team, D'Tigers, started their journey to the next AfroBasket championship with a convincing win over Mali in the opening game of the qualifiers held in Kigali.

Stay updated with the vibrant Nigerian entertainment scene. This section brings you the latest from Nollywood, the music industry, and the cultural landscape. Discover news about blockbuster movie releases, chart-topping albums, and major events that are making waves across the country and beyond.

New Kunle Afolayan Film 'Olorogun' Smashes Box Office Records

The epic historical drama 'Olorogun', directed by acclaimed filmmaker Kunle Afolayan, has grossed over ₦200 million in its opening weekend, setting a new record for a Nollywood release in 2025.

Burna Boy Announces 'Global Giant' Stadium Tour

Grammy-winning artist Burna Boy has announced a massive world tour for 2026, which includes stadium dates in Lagos and Abuja, following the release of his highly anticipated new album this week.

AMVCA Announces 2026 Host City and Call for Entries

The organizers of the Africa Magic Viewers' Choice Awards (AMVCA) have revealed that the next edition of the prestigious awards will be held in Abuja. The call for film and television submissions is now open.

Lagos Fashion Week Dates and Designer Lineup Revealed

The official dates and a star-studded lineup of designers have been announced for the upcoming Lagos Fashion Week, solidifying its position as a premier fashion event on the African continent.