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

The Director-General of the Nigeria Centre for Disease Control and Prevention, Jide Idris, has disclosed that Nigeria’s current preparedness level for a potential Ebola outbreak stands at 59%, as health authorities step up preventive measures across the country. Speaking on Monday, Idris explained that the NCDC has conducted a nationwide risk assessment to identify gaps
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Economic ties between Nigeria and the United Arab Emirates continue to strengthen, with non-oil trade between both countries reaching $5 billion in 2025, up from $4.3 billion the previous year. During a meeting in Abuja, UAE Ambassador Salem Saeed Al-Shamsi disclosed that First Abu Dhabi Bank, the largest bank in the UAE, is preparing to
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Nigeria successfully defended the Unity Cup title with an emphatic victory over Jamaica’s Reggae Boyz at The Valley in London on Saturday. Midfielder Alhassan Yusuf Abdullahi, who plays his club football in the United States, scored twice, while acting captain Terem Moffi also found the net as the Super Eagles delivered a dominant performance against
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The Central Bank of Nigeria (CBN) has disclosed that the country spent about $2.34 billion on food imports in 2025, highlighting the continued dependence on imported food items despite ongoing efforts to strengthen local agricultural production and improve food security. According to figures contained in the apex bank’s latest Quarterly Statistical Bulletin and cited by
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