Naira Hits Two-Year High: Parallel Market Drops Below ₦1,350 Following New CBN BDC Directive
- BUSINESS
- February 11, 2026

Inspector-General of Police Olatunji Disu has pledged to strengthen the training and retraining of police officers to ensure persons with disabilities receive appropriate, effective and dignified treatment when dealing with the police. Disu made the commitment on Wednesday when he received a delegation led by Jake Epelle, founder and Chief Executive Officer of TAF Africa,
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Bolt and inDrive are moving to strengthen their presence in Nigeria’s ride-hailing sector following Uber’s decision to end operations in the country after about 12 years. Uber officially exited Nigeria on September 2, citing “evolving business priorities and investment focus across the continent”. The departure has created fresh opportunities for rival platforms in a market
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The Yobe State Chairman of the All Progressives Congress (APC), Alhaji Mohammed Gadaka, has withdrawn a controversial statement in which he urged married women to leave their husbands if they were prevented from voting for the party. Gadaka made the remark on Thursday in Nangere while receiving hundreds of defectors into the APC. Addressing the
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Walmart has agreed to settle a US government lawsuit alleging that its pharmacies violated federal requirements governing the handling and dispensing of opioids and other controlled substances. The US Justice Department said the settlement resolves allegations that Walmart failed to meet its obligations under the Controlled Substances Act in monitoring and dispensing controlled medications. Details
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Nigeria has ended its 11-year partnership with Nike and will return to adidas after the Nigeria Football Federation (NFF) agreed a new equipment deal worth $8.5 million annually. Former NFF President Ibrahim Musa Gusau, who resigned alongside the federation’s executive committee on Thursday, disclosed the agreement at a news conference in Abuja. Under the new
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Chinese authorities have raised the flood alert near the Nepal border after a lake formed by debris from a glacier collapse began overflowing, increasing the risk of flooding and landslides downstream. The development has forced Chinese rescue teams to withdraw from the area and relocate to safer locations as authorities assess the possibility of the
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