The Week's Top Stories: Sept 21 - Sept 27, 2025
TWN News
Weekly Briefing The Week's Top Stories: Sept 21 - Sept 27, 2025
Welcome to our weekly rundown. I'm Omotola Oluwashindara, and this week, we're tracking a significant rebound in the financial markets and major policy announcements.
Market & Sentiment Overview
NGX All-Share Index (ASI)
Naira to USD (FX)
Weekly Sentiment Analysis
Economy
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New Interest Rate Hikes Announced by the CBN
The Central Bank has implemented a new series of interest rate hikes to aggressively combat persistent high inflation, impacting lending rates across the banking sector.
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Local Manufacturers Report Strong Q3 Growth
The Manufacturers Association of Nigeria (MAN) has released positive figures for the third quarter, indicating robust domestic production and increased capacity utilization despite economic challenges.
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Tax Relief Introduced for Small and Medium Enterprises (SMEs)
The Federal Inland Revenue Service (FIRS) has announced new tax incentives and reliefs aimed at supporting the growth and stability of SMEs, the backbone of the economy.
Development
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Major Power Grid Upgrade Completed in South-West Region
The Transmission Company of Nigeria (TCN) has finalized a critical power grid upgrade, promising improved electricity stability and transmission capacity for key industrial centers.
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Lagos State Unveils New Digital Transformation Masterplan
Lagos State Government has launched a five-year masterplan focused on digitizing public services and improving broadband connectivity across the metropolitan area.
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Inland Waterways Bill Passed to Boost River Transportation
A new piece of legislation has been passed to regulate and invest in the nation's inland waterways, encouraging freight and passenger traffic via rivers to ease road congestion.
Education
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Universities Reopen After Policy Review Break
Following a brief, mandatory break for the implementation of new academic policies and curricula, federal universities across the country have successfully resumed full academic activities.
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Science and Technology Funding Doubled for Research Institutions
The Ministry of Science and Technology announced a significant increase in funding to support high-impact research projects, particularly in biotechnology and renewable energy fields.
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Teachers’ Training Initiative Launched for Digital Literacy
A massive capacity-building program has begun for secondary school teachers, focusing on integrating digital tools and online resources into their teaching methodologies.
Sports & Entertainment
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Super Eagles Secure Victory in World Cup Qualifier
The Nigerian Super Eagles delivered a stunning performance, securing a crucial victory in their latest World Cup qualifying match and topping their group table.
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New Film Industry Funding Boosts Local Production
The National Film and Video Censors Board (NFVCB) has announced a new grant program to support independent filmmakers, aiming to elevate the quality and reach of Nollywood productions.
A Special Birthday Shout-Out!
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