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

Wale Edun, Coordinating Minister of the Economy, announced in Abuja that Nigeria has expanded its international tax cooperation to tackle revenues lost to illicit financial flows (IFFs). Speaking at the opening of the Committee on Tax and Illicit Financial Flows under the Specialised Technical Committee on Finance, Monetary Affairs, Economic Planning and Integration (STC–FMAEPI), Edun
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The Nigerian Exchange Limited (NGX) posted a remarkable gain of ₦29.83 trillion in the first quarter of 2026, as investor confidence, corporate earnings growth, and strong sectoral performance drove the market. Data from the NGX showed that the market capitalisation rose from ₦99.38 trillion at the start of the year to ₦129.21 trillion by March
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Roberto De Zerbi has agreed in principle to become the new manager of Tottenham Hotspur, according to British media reports. The development comes after Spurs parted ways with interim coach Igor Tudor, who spent just seven games in charge. Tottenham are currently just one point above the relegation zone, having failed to win a Premier
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Adebayo Adelabu has resigned from his position as Nigeria’s Minister of Power to focus on his ambition to contest the governorship election in Oyo State. Sources indicate that the resignation is part of preparations to fully engage in political consultations and party processes ahead of the upcoming electoral cycle. Adelabu, a former Deputy Governor of
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