TWN News Roundup 15th November - 22nd November
TWN News Roundup 15th Nov - 22nd Nov 2025
TWN News • Weekly Edition
The Week's Top Stories: Nov 15 - Nov 22, 2025
Welcome back! I'm Omotola Oluwashindara. This week, the political atmosphere is charged following the **Ondo State governorship election** results, while Abuja buzzes with the **President's 2026 Budget presentation** to the National Assembly. In infrastructure, the Lagos-Calabar Coastal Highway hits a major Phase 1 milestone. Meanwhile, the Super Eagles have given fans a reason to smile with a decisive victory in the AFCON qualifiers.
Market & Sentiment Overview
NGX All-Share Index (ASI)
▲ 152,405.10
Year-to-Date: +51.20%
Market capitalization: N98.50 trillion
Sentiment: Bullish. Banking and Industrial goods rallied this week following the announcement of the new Federal Budget, which promises heavy investment in local manufacturing.
Economy & Politics
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President Presents N35 Trillion "Budget of Consolidation" for 2026
President Tinubu presented the 2026 Appropriation Bill to a joint session of the National Assembly on Wednesday. Tagged the "Budget of Consolidation," the N35 Trillion proposal prioritizes security, infrastructure completion, and human capital development.
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Ondo Decides: INEC Issues Certificate of Return
Following last weekend's off-cycle governorship election in Ondo State, INEC has officially issued the Certificate of Return to the winner. While the capital, Akure, remains calm, opposition parties have filed petitions at the tribunal alleging irregularities in three local government areas.
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Naira Sees Slight Recovery as FX Backlog Clears
The Naira appreciated marginally against the Dollar at the official window this week, trading at N1,490/$. The CBN attributes this to the successful clearance of a significant portion of the FX backlog owed to foreign airlines and manufacturers.
Infrastructure & Society
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Lagos-Calabar Coastal Highway: Phase 1 Commissioned
The Federal Ministry of Works celebrated a major milestone this week with the commissioning of Phase 1 of the Lagos-Calabar Coastal Highway. The 47km stretch, featuring concrete pavement technology, is now open to traffic, promising to ease congestion along the Lekki axis.
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FG Launches "Safe Schools" Task Force in Northwest
In response to recent security breaches, the Federal Government has deployed a specialized "Safe Schools" joint task force to Kaduna and Zamfara. The initiative utilizes drone technology and rapid response units to protect educational institutions.
Sports
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AFCON 2025 Qualifiers: Super Eagles Thrash Benin Republic
The Super Eagles put on a stellar performance in Uyo, defeating Benin Republic 3-0 to cement their place at the top of their group for the upcoming AFCON tournament. Victor Osimhen and Ademola Lookman were the stars of the match.
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🎂 Happy Birthday Mr. Lekan Shobande!
TWN News and the entire JGF (Just Good Friends) family send a massive shoutout to Mr. Lekan Shobande!
We celebrate you, a life-long friend and a cherished member of the JGF, as you mark your special day on Sunday, 23rd of November 2025.
May your new year be filled with prosperity, good health, and the warmth of true friendship! 🥂🎈
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