Niyi

[Niyi @_N1Y1]

@OryHarde Might be a good time to send your self a voice note 🤣

[Niyi @_N1Y1]

@ruffydfire Maturity expected of an adult is the ability to manage your emotions, accept responsibility and consider how your actions affect others.

You lack adult grade maturity.

[Niyi @_N1Y1]

Every right and wrong thinking person knows the benefits of such projects, among others, present exponential growth opportunities to Nigeria and Nigerians.

They only choose contrarian positions due to selfish interests honed from the deep delusion of entitlement. Otherwise, we can agree that the opposition as is, are a sad alternative.

[Niyi @_N1Y1]

@DeeOneAyekooto The irony 🤣

[Dr. Akinwumi A. Adesina, CON, CGH @akin_adesina]

With my darling wife, Grace, I was honored to receive the BPI Iconic Leadership Excellence Award in Johannesburg, South Africa on October 8, 2026, for my leadership contributions to Africa. I will always work to advance and position Africa’s role and contributions globally.

[Niyi @_N1Y1]

@HAHayatu TCN remains government owned. Grid and market operations were transferred to NISO whose shareholders are BPE and MOFI, both government bodies.

A restructuring has somehow become a “secret sale” ???

[Niyi @_N1Y1]

Corporate speak 101 😂

“I’ll just remind you again what I said before.”
: I already told you this. Please try to keep up.

“I don’t know how else you want me to say it.”
: I have made this painfully clear, and somehow we are still here.

The Yoruba interpretation wouldn’t be as nice 🤣🤣

[Niyi @_N1Y1]

@Nairametrics Another institution refusing to respect the official opposition forecast of total collapse.

Very inconsiderate of Fitch. 😂

[Nairametrics @Nairametrics]

Fitch Ratings has revised Nigeria���s credit outlook to Positive from Stable while affirming its long-term issuer default ratings at ‘B’.

[Niyi @_N1Y1]

@IU_Wakilii Are you having a laugh? 😂

[Niyi @_N1Y1]

@ruffydfire Perhaps, we can also see what poor journalism can lead to?

The source and the conduit.

[Niyi @_N1Y1]

@Rxbremen

[Niyi @_N1Y1]

@NoNonsensezone Let’s be sure. Can you confirm this is not a school nature excursion? Looks like it.

[Damil @Damillion]

As u get older pls try not to be alone all the time, for health reason

[Taiwo Oyedele @taiwoyedele]

𝐅𝐄𝐃𝐄𝐑𝐀𝐋 𝐌𝐈𝐍𝐈𝐒𝐓𝐑𝐘 𝐎𝐅 𝐅𝐈𝐍𝐀𝐍𝐂𝐄

𝐏𝐑𝐄𝐒𝐒 𝐑𝐄𝐋𝐄𝐀𝐒𝐄
𝐀𝐛𝐮𝐣𝐚, 𝐍𝐢𝐠𝐞𝐫𝐢𝐚 - 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 10, 2026

𝐅𝐢𝐭𝐜𝐡 𝐑𝐞𝐯𝐢𝐬𝐞𝐬 𝐍𝐢𝐠𝐞𝐫𝐢𝐚'𝐬 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐭𝐨 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞, 𝐀𝐟𝐟𝐢𝐫𝐦𝐬 '𝐁' 𝐑𝐚𝐭𝐢𝐧𝐠, 𝐂𝐢𝐭𝐢𝐧𝐠 𝐑𝐞𝐟𝐨𝐫𝐦 𝐌𝐨𝐦𝐞𝐧𝐭𝐮𝐦, 𝐒𝐭𝐫𝐨𝐧𝐠𝐞𝐫 𝐄𝐱𝐭𝐞𝐫𝐧𝐚𝐥 𝐁𝐮𝐟𝐟𝐞𝐫𝐬 𝐚𝐧𝐝 𝐃𝐢𝐬𝐢𝐧𝐟𝐥𝐚𝐭𝐢𝐨𝐧

The Federal Government notes the decision by Fitch Ratings on October 9, 2026 to revise the Outlook on Nigeria's Long-Term Issuer Default Ratings to Positive from Stable, while affirming the ratings at 'B'. A Positive Outlook signals that the rating could be raised if current trends are sustained. Fitch said the action reflects ongoing reform of Nigeria's policy framework and its increased confidence that reform momentum will be sustained.

Fitch attributed the improved outlook to greater naira flexibility, disinflation and faster-than-expected accumulation of foreign exchange reserves. Gross reserves stood at USD54.9 billion on September 25, 2026, up from USD32 billion in mid-April 2024, supported by increased formalisation of foreign exchange transactions, strong portfolio inflows, and higher export receipts and remittances. The agency noted that improved reserve quality has strengthened Nigeria's resilience to external shocks, and it projects a current account surplus of 6.4 per cent of GDP in 2026.

Fitch also pointed to improving performance in the real economy. It forecasts real GDP growth of 4.3 per cent in 2026, up from 4 per cent in 2025, and expects growth to remain above 4 per cent in 2027 and 2028, led by non-oil activity. Crude oil production has met Nigeria's OPEC target of 1.5 million barrels per day since May 2026, while the ramp-up of domestic refining is reducing refined product imports and demand for foreign exchange. Average inflation is forecast to moderate to 15.4 per cent in 2026, less than half its 2024 level.

On public finances and the financial sector, Fitch expects tax reforms to lift non-oil revenue to GDP ratio. It projects general government debt to average 32 per cent of GDP over 2026 to 2028, well below the 'B' median of 56 per cent. The agency also recognised Nigeria's liquid domestic debt market and the bank recapitalisation exercise, with many banks at capital adequacy ratios above 20 per cent, well above regulatory minimums.

With this action, all three major international rating agencies have taken positive rating actions on Nigeria in 2026. S&P Global Ratings upgraded Nigeria to 'B' from 'B-' in May, and Moody's Ratings revised its outlook to Positive in August. Separately, FTSE Russell returned Nigeria to Frontier Market status with effect from September 21, 2026. Taken together, these decisions reflect a converging and increasingly favourable assessment of Nigeria's reform trajectory.

Fitch's Positive Outlook further validates the difficult but necessary reforms implemented under the leadership of President Bola Ahmed Tinubu, GCFR, from removing a costly and inequitable fuel subsidy to unifying the exchange rate and the landmark tax reforms. Our medium-term ambition is to place Nigeria firmly on the path to investment grade. We are committed to this work, not for the rating itself, but because these reforms will lower Nigeria's cost of capital, crowd in private investment and create decent jobs at scale.

The Government also takes note of the areas where Fitch sees room for further progress. Inflation, although falling, remains above that of peer countries; government revenue is still low relative to the size of the economy; and interest costs absorb a high share of that revenue. These are the constraints the Government's reform programme is designed to address.

𝐆𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭'𝐬 𝐂𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐝 𝐑𝐞𝐟𝐨𝐫𝐦 𝐅𝐨𝐜𝐮𝐬

- The Government reaffirms its commitment to the priorities that underpin Nigeria's improving credit profile, including:

- Sustaining reform momentum and a disciplined, market-reflective and transparent foreign exchange regime;

- Raising revenue through full implementation of the new tax laws and efficient tax administration;

- Improving fiscal governance through spending efficiency, budget execution and transparent debt management;

- Advancing structural reforms that support non-oil growth and economic diversification; and

- Accelerating conversion of macroeconomic stability into shared prosperity through food security, decent jobs, human development and support for small businesses.

The Ministry notes Fitch's guidance that positive rating action could follow from sustained disinflation and reform implementation, further strengthening of external reserves, and stronger mobilisation of non-oil revenue, all of which remain central pillars of the administration's economic strategy.

𝐓𝐚𝐢𝐰𝐨 𝐎𝐲𝐞𝐝𝐞𝐥𝐞
𝘏𝘰𝘯𝘰𝘶𝘳𝘢𝘣𝘭𝘦 𝘔𝘪𝘯𝘪𝘴𝘵𝘦𝘳 𝘰𝘧 𝘍𝘪𝘯𝘢𝘯𝘤𝘦 𝘢𝘯𝘥 𝘊𝘰𝘰𝘳𝘥𝘪𝘯𝘢𝘵𝘪𝘯𝘨 𝘔𝘪𝘯𝘪𝘴𝘵𝘦𝘳 𝘰𝘧 𝘵𝘩𝘦 𝘌𝘤𝘰𝘯𝘰𝘮𝘺

[Niyi @_N1Y1]

@DrJoeAbah The Oracle who even the gods consult. 🙌🏾

Quadruple Twale Dr. 🤣

[Abiodun @abiodunjb]

To all Yoruba people, hell, to everyone. Look at how the real English people are letting kemi badenoch know that she will never be part of them.

They are not sorry about it, they made it clear to her that she's Yoruba and Yoruba people are blacks.

Are they right, of course they are very right and they have the right to let her know.

If you are sitting on the fence and think you are being liberal and a Yoruba but, or other ethnic group but, you are just being ignorant, because you can never be more liberal than I am and I know for a fact that when it's comes to it, the Americans, English, polish, Chinese, Russians and every and all other ethnic groups will fight for their own survival first before anyone.

Defending your own people isn't tribalism, infact it's not rascim, it's you defending your culture and your people. So I will advise you, you are whatever, always defend your own.

[The Compass Hub @thecompasshub]

Q- Is N1350 for fuel a pricing mechanism?

Minister of Finance, Taiwo Oyedele:

[BayoAA @andrewbayode]

19MW Namibia’s first purpose-built merchant solar plant enters operation @solarcenturyAFR

https://t.co/p4lmK0ROuw