TWN News Roundup 19th - 25th October 2025

TWN News

Weekly Briefing
The Week's Top Stories: Oct 19 - Oct 25, 2025

Welcome back! I'm Omotola Oluwashindara, and this week brings major leadership changes in Nigeria's security and electoral sectors, plus continued economic optimism as the stock market sustains its bullish momentum.

Market & Sentiment Overview

NGX All-Share Index (ASI)

▲ 155,645.03

+4.5% This Week

Economy

NGX Crosses 151,000 Points Amid Reform Momentum

The Nigerian Exchange All-Share Index surged past 151,000 points this week, closing at 155,645.03 with a weekly gain of over 4.5%. Market capitalization reached N98.8 trillion as investor confidence continues to build on macroeconomic reforms and improved governance. The NGX Premium Index has delivered an impressive 53.86% year-to-date return.
Nigeria's Dr. Philip Mshelbila Elected GECF Secretary-General

Nigeria LNG Managing Director Dr. Philip Mshelbila was elected Secretary-General of the Gas Exporting Countries Forum (GECF) at the 27th Ministerial Meeting in Doha, Qatar. Additionally, Minister of State for Petroleum Resources (Gas) Ekperikpe Ekpo emerged as President of the 2026 GECF Ministerial Meeting, consolidating Nigeria's leadership in global gas diplomacy.
Inflation Continues Downward Trend Below 20%

September's inflation rate of 18.02% marks the sixth consecutive monthly decline, staying below 20% for the first time since early 2022. Analysts credit a stronger naira, improved food supply, and stable monetary policy, though food inflation remains a concern for low-income households.
World Bank Reports Economic Momentum

The World Bank's October 2025 Nigeria Development Update highlights improvements in growth, revenue mobilization, and external balances. While macroeconomic indicators show progress, the Bank emphasizes that gains have yet to significantly improve living standards for many households.

Development & Governance

President Tinubu Overhauls Military Leadership

In a major security restructuring, President Tinubu sacked Chief of Defence Staff General Christopher Musa and appointed General Olufemi Oluyede as his replacement. Other new service chiefs include Major-General W. Shaibu (Army), Air Vice Marshal S.K. Aneke (Air Force), and Rear Admiral I. Abbas (Navy), with Major-General E.A.P. Undiendeye retained as Chief of Defence Intelligence.
New INEC Chairman Sworn In, Pledges Credible Elections

Professor Joash Amupitan (SAN) was sworn in as the sixth substantive Chairman of the Independent National Electoral Commission (INEC) on Thursday. Prof. Amupitan pledged to deliver credible, free, and fair elections, succeeding Prof. Mahmood Yakubu who served two five-year terms.
Senate Pushes for Electoral Reform

Some senators have insisted that amendments to Nigeria's Electoral Act must place the full burden of proof on INEC to ensure more transparent and credible elections ahead of 2027.
CBN Announces Fixed Income Market Overhaul

The Central Bank of Nigeria announced a phased operational overhaul of the Nigerian Fixed Income Market starting November 2025, aimed at deepening transparency and efficiency in the financial ecosystem.

Education & Sports

Student Loan Application Portal Opens for 2025/2026

The Federal Government has officially opened the 2025/2026 student loan application portal, providing financial support to eligible Nigerian students pursuing higher education.
Super Eagles Face Injury Setback

Super Eagles star Samuel Chukwueze may miss Nigeria's 2026 World Cup African playoff campaign due to an injury sustained while playing for Fulham. The national team continues preparations for crucial qualifiers.
Davido Meets French President Macron

Afrobeats superstar Davido continues his global diplomatic moves, meeting with French President Emmanuel Macron this week, further elevating Nigeria's cultural presence on the world stage.
Mathematics Remains Compulsory for Admission

The Federal Government has reiterated that mathematics will remain a compulsory subject for university admission, maintaining its status as a core requirement for tertiary education in Nigeria.

Special Birthday Remembrance

🕊️ Remembering a Legend

This week, we honor the memory of Late Rashidi Yekini, Nigeria's legendary striker and all-time top scorer. His iconic goal celebration at USA '94 remains etched in the hearts of football fans worldwide. Though he is no longer with us, his legacy continues to inspire generations of Nigerian footballers. May his soul rest in eternal peace.

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