TWN News Roundup 12th - 18th October 2025
TWN News
Weekly Briefing The Week's Top Stories: Oct 12 - Oct 18, 2025
Welcome back! I'm Omotola Oluwashindara, and this week brings historic inflation relief and a bullish stock market as Nigeria's economy shows signs of stabilization.
Market & Sentiment Overview
NGX All-Share Index (ASI)
Weekly Sentiment Analysis
Economy
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Historic Inflation Drop: Rate Falls Below 20% for First Time in Three Years
Nigeria's headline inflation rate dropped to 18.02% in September 2025, down from 20.12% in August, marking the sixth consecutive monthly decline. This is the first time inflation has fallen below 20% since early 2022, driven by food deflation and improved agricultural output.
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World Bank Reports Positive Economic Momentum
A new World Bank report shows Nigeria's economy expanded 3.9% year-on-year in H1 2025, up from 3.5% in 2024. While macroeconomic indicators improve, the Bank warns that many households still face hardship as food inflation remains a major concern for low-income families.
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Stock Market Rallies: NGX Records 42% Year-to-Date Gains
The Nigerian Exchange All-Share Index closed at 148,977.64 points, gaining over 3% this week and posting a remarkable 42.81% year-to-date return. The NGX 30 Index has outperformed major global indices including the Dow Jones.
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Nigeria to Chair G-24 Group Starting November
The Central Bank announced Nigeria will take over chairmanship of the Intergovernmental Group of Twenty-Four from Argentina on November 1, highlighting the country's growing influence in global economic governance.
Development
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Lagos Launches €410 Million Omi Eko Project: 78 Electric Ferries to Transform Waterways
Governor Babajide Sanwo-Olu officially launched the groundbreaking Omi Eko Project on October 17th at Five Cowries Terminal, Falomo. The €410 million initiative, backed by the European Union, French Development Agency, and European Investment Bank, will deploy 78 high-capacity electric ferries across 15 major water routes. The project includes modern terminals with digital ticketing systems, dredging of 140 kilometres of waterways, and smart safety technologies aimed at reducing carbon emissions and easing Lagos' notorious traffic congestion.
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₦1.5 Billion Soft Loans Released to Niger Delta Businesses
The Niger Delta Development Commission in partnership with the Niger Delta Chamber of Commerce has disbursed ₦1.5 billion in soft loans to 1,500 micro, small, and medium-scale enterprises across the Niger Delta region to boost economic development.
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ASUU Declares Two-Week Warning Strike
The Academic Staff Union of Universities has commenced a two-week warning strike over alleged federal government reluctance to meet demands regarding salaries, working conditions, and academic welfare.
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Security Crisis: Eight Officers Killed in Zamfara Ambush
In a devastating blow to security efforts, suspected bandits ambushed and killed five policemen and three Community Protection Guards in Zamfara State on Thursday.
Education & Sports
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Nigerian Girls Win 2025 Technovation Global Summit
Two 10-year-old Nigerian girls, Akachukwu Blessed Nwachukwu and Ifunanya Gabriella Okoye, have won the prestigious 2025 Technovation Global Summit, showcasing Nigeria's growing tech talent among young innovators.
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National Orientation Agency Issues New Guidelines for National Anthem
The National Orientation Agency has released new guidelines on the recital of Nigeria's national anthem, emphasizing proper protocol and respectful observance across all official and public gatherings nationwide.
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Super Eagles Continue AFCON Preparations
The Super Eagles continue preparations for crucial AFCON qualifiers, though defender Semi Ajayi will miss upcoming matches due to yellow card accumulation.
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Political Defections Rock PDP
Governor Duoye Diri of Bayelsa State has officially left the Peoples Democratic Party, joining a wave of high-profile defections that has sent shockwaves through Nigeria's political landscape.
A Special Birthday Shout-Out!
We send the warmest birthday wishes to Giasat! She is an incredible personality. May her next chapter be filled with joy and success!
**Independence Day:** We also continue to celebrate Nigeria's 65th birthday from last week!
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