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Showing posts with the label Economy

TWN NEWS: Saturday, 1 August 2026

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TWN NEWS – Weekly Roundup TWN NEWS ■ Trusted · Weekly · News Week Ending: Saturday, 1 August 2026 Lagos, Nigeria NGX LIVE ASI (Fri) 245,283.68 ▼-0.03% MKT CAP ₦158.33T YTD ▲+57.6% JULY GAIN ▲+₦11.11T · MTD +6.92% FIRSTHOLDCO Otedola stake now 26% USD/NGN Official ₦1,379 USD/NGN Parallel ₦1,409–1,420 ATM TRANSACTIONS ▲+208% to ₦89T FX RESERVES $51.92bn NNPCL ₦535bn profit after tax πŸ† WAFCON Super Falcons face Zambia in must-win clash πŸ‡ΊπŸ‡Έ US VISA Abuja embassy halts routine visa processing Aug 1 ASI (Fri) 245,283.68 ▼-0.03% ■ Nigeria's Premier Weekly News Digest TWN NEWS WEEKLY EDITION  |  Week Ending: Saturday, 1 August 2026  |  Lagos, Nigeria πŸ“° Top Stories 26 July – 1 August 2026 News Roundup Lagos Time (WAT) ...

This Week in Nigeria

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TWN News Roundup 30th November - 6th December 2025 TWN News Roundup 30th Nov - 6th Dec 2025 TWN News • Weekly Edition Weekly Briefing The Week's Top Stories: Nov 30 - Dec 6, 2025 Welcome back! I'm Omotola Oluwashindara. This week, the National Bureau of Statistics (NBS) released positive Q3 GDP data, boosting market confidence. The National Assembly concluded its debates by passing the highly anticipated N35 Trillion Budget Bill. We also celebrate the official opening of the Lagos-Ibadan Rail Line Extension and cheer on the Super Eagles as they secure their place in the next AFCON tournament. Market & Sentiment Overview (Week Ending Dec 6) NGX All-Share Index (ASI) ▲ 152,501.98 Weekly Change: +0.40% | Year-to-Date: +51.35% Market capitalization: N98.50 trillion ...

TWN News Roundup

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TWN News Roundup 26th October - 1st November 2025 TWN News Roundup 26th October - 1st November 2025 TWN News Weekly Briefing The Week's Top Stories: Oct 26 - Nov 1, 2025 Welcome back! I'm Omotola Oluwashindara, and this week brings controversial policy decisions as President Tinubu approves a 15% fuel import tariff and designates Nigeria on a US watchlist, while the stock market maintains its bullish momentum with continued investor confidence. Market & Sentiment Overview NGX All-Share Index (ASI) ▲ 153,677 Year-to-Date: +57.37% Market capitalization: N97.6 trillion Economy & Energy Tinubu Approves 15% Import Tariff on Petrol and Diesel President Tinubu signed off on a controversial 15% ad-valorem imp...

TWN News Roundup 19th - 25th October 2025

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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...