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

Oil prices edged higher on Thursday as investors assessed the impact of renewed military tensions between the United States and Iran on global energy supplies and the prospects for peace in the Middle East. Brent crude futures gained 53 cents, or 0.68%, to $78.55 per barrel by 1148 GMT, while U.S. West Texas Intermediate (WTI)
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Nigeria’s Minister of Defence, General Christopher Musa (Rtd), has said the country cannot overcome terrorism through military operations alone, stressing that lasting peace requires a combination of military action, dialogue, community engagement and other non-kinetic approaches. Speaking during the ARISE NEWS Town Hall on State Police, Musa said the armed forces remain committed to eliminating
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Anambra State Governor, Chukwuma Soludo, says the national conversation on state police has moved beyond debating its necessity, stressing that attention should now be on developing an effective implementation framework while pursuing wider constitutional reforms to strengthen Nigeria’s federal security and justice system. Speaking virtually at the ARISE News Town Hall on State Police, Soludo
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Former Minister of Aviation, Femi Fani-Kayode, has received his Letters of Credence, officially clearing the way for him to begin his diplomatic assignment as Nigeria’s High Commissioner to South Africa, with concurrent accreditation to Lesotho and Eswatini. Announcing the development in a statement, Fani-Kayode said the documents were presented after he secured the required agrément,
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