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

The Court of Appeal in Abuja has affirmed a landmark judgement barring the National Broadcasting Commission (NBC) from imposing fines on broadcast stations for alleged violations of its code. In a unanimous decision, the appellate court dismissed NBC’s appeal, ruling that it was incompetent and lacked merit. The court thereby upheld the earlier judgement delivered
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The Economic and Financial Crimes Commission (EFCC) has approached the Federal High Court in Abuja seeking a final forfeiture order on 57 properties allegedly linked to former Attorney-General of the Federation, Abubakar Malami. In its application before Justice Joyce Abdulmalik, the EFCC argued that the affected individuals and entities failed to provide sufficient justification to
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Governor Ahmed Aliyu of Sokoto State has reiterated his administration’s commitment to strengthening security operations, pledging sustained support for law enforcement agencies battling banditry and other crimes in the state. The governor gave this assurance during a visit to the Inspector-General of Police, Olatunji Rilwan Disu, in Abuja, where he emphasized that security remains a
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The Director-General of the Nigeria Civil Aviation Authority, Chris Najomo, has projected that airfares in Nigeria could decline within the next six months as local airlines expand their fleets with newly acquired aircraft. Speaking at the Nigeria Aircraft Acquisition and Investment Summit (NAAIS) 2026 in Lagos, Najomo revealed that multiple Nigerian carriers are set to
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