TWN Week ending 4th October 2026

Weekly Nigerian news digest  |  Week ending Sunday, 4 October 2026
NGX ASI 250,808.27 (-0.52% for the week)  |  Market cap N162.84trn  |  Year to date +61.17%  |  MPR 23%  |  Naira about N1,328/$  |  September PMI 56.4  |  Nigeria at 66

Africa must unite or perish

Dr. Kwame Nkrumah said it in Addis Ababa on 24 May 1963. Today those words still echo in our hearts, and we have no choice but to unite, because we are perishing already.

Until Africans see each other as one, the divisions planted by outside influence over generations will keep undermining our economies, stability, peace and development, and the progress that could be taking shape right now. TWN News wishes Nigerians and all African people could realise the power of unity and oneness.

The invisible shackles of colonial and prejudicial mentality are still ruining Nigeria and Africa. People must come together to defeat the real enemy, whether it is poverty, crime, insecurity, poor infrastructure or the lack of economic independence. Total independence for Congo, Sudan and all of Africa must stay on the agenda.

Spotlight: Congo, Sudan and Ethiopia
CONGO

Peace deals signed, but fighting goes on in the east

The UN Security Council met on 29 September as clashes between government forces and M23 rebels continued despite the Washington Accords and the Doha framework. Diplomats also flagged rising DRC-Rwanda tension and the country's worst recorded Ebola outbreak, with more than 8,000 confirmed cases and 3,901 deaths as of 26 September. MONUSCO's mandate is up for renewal in December.

SUDAN

Army claims a key RSF stronghold in Kordofan

Sudan's army said on 2 October it had retaken al-Mazroub in North Kordofan, described as the RSF's largest stronghold there. The war is in its fourth year, and UN investigators earlier this year found "hallmarks of genocide" in the RSF takeover of El Fasher. Civilians remain the ones paying the price.

ETHIOPIA

Ethiopia and Eritrea cut diplomatic ties

Ethiopia closed its embassy in Asmara and expelled ten Eritrean diplomats on 1 October, accusing Eritrea of backing armed groups; Eritrea cut ties in response. Fighting involving the TPLF has intensified across Tigray, Afar and Amhara, and the African Union and UN are urging restraint. Asmara denies the allegations.

Nigeria this week
POLITICS

Tinubu's 66th Independence address

President Tinubu addressed the nation on 1 October, saying the economy grew by more than 4% in 2026, inflation has fallen from its peak and reserves have risen. He defended his reforms despite the hardship Nigerians feel, and said student loans will keep poor Nigerians in higher institutions.

POLITICS

2027 campaign talk heats up

Calls grew for violence-free campaigns, CAN cautioned politicians against weaponising religion and ethnicity, and INEC began recruiting ad hoc staff for the 2027 elections. The president also signed the amendment extending the 2025 budget's implementation to 31 December 2026.

SECURITY

Abduction and communal clashes

Adebayo demanded rescue of abducted NYSC members and a security overhaul. In Anambra, five people were killed when a boundary dispute sparked an inter-communal clash. Plateau Governor Mutfwang met the president and said those behind recent attacks are being prosecuted.

ECONOMY

Stocks dip in a holiday-shortened week

The NGX All-Share Index fell 0.52% over four trading days to 250,808.27, after three weeks of gains. Bank stocks led Friday's 0.16% slide, but the market is still up 61.17% this year. The CBN cut its policy rate by 350 basis points to 23% on 22 September, and September's PMI hit 56.4, the highest since 2022.

HEALTH

Ebola watch continues

With the DRC outbreak still growing, NCDC has kept Nigeria on high preparedness alert. Dr. Obi Adigwe's NHTDAO appointment by President Tinubu remains a talking point in the sector. Writers this week also urged early prostate and cervical cancer screening.

SPORTS

Super Falcons camp opens in Ijebu-Ode

Interim coach Augustine Eguavoen's 28 invited players reported to camp in Ijebu-Ode on 3 October for the Olympic qualifier against Comoros, at Remo Stars Stadium, Ikenne-Remo, on 9 and 13 October.

ENT.

Banke Kuku debuts at Milan Fashion Week

The Nigerian label showed "The Invitation" on 2 October in its first appearance at Milan Fashion Week.

Shout Out

Sam Nkrumah, Ghana. A name that carries the dream of one Africa. Thank you for keeping that spirit alive.

Market data, 2 Oct 2026

NGX ASI: 250,808.27
Market cap: N162.84trn
Week: -0.52% | YTD: +61.17%
MPR: 23%
Naira: about N1,328/$

Quick bites

Tinubu says oil theft has fallen.
Zulum hails N15.8b Kolmani oil exploration funding.
Sowore case ruling fixed for 6 October.
Ethiopia-Eritrea ties severed.

JS Darinho Sports Academy

Match day content, branding and updates from the Ijebu Premier League.

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TWN News | twnnews25.blogspot.com | Reported by TWN

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