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

The Managing Director of the Nigeria Social Insurance Trust Fund (NSITF), Barrister Oluwaseun Faleye, has reaffirmed the Fund’s commitment to implementing the Employee Compensation Scheme (ECS) for federal civil servants. Faleye gave the assurance during a press briefing by the Head of the Civil Service of the Federation, Mrs. Didi Esther Walson-Jack, on welfare improvements
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The Central Bank of Nigeria has stated that its policies and systems helped steer the country away from economic crisis and are positioning the economy to better serve all segments of society. The bank’s Deputy Governor, Corporate Services, Emem Usoro, said the apex bank is working towards building a resilient economy that supports the aspirations
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The Nigerian government is taking steps to address rising aviation fuel costs, as Taiwo Oyedele and Festus Keyamo hold talks to reduce pressure on airlines and stabilise the sector. Oyedele, Minister of Finance and Coordinating Minister of the Economy, said discussions with Keyamo focused on the surge in aviation fuel prices and its impact on
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The All Progressives Congress (APC) has appointed Uba Sani as Chairman of its Ekiti State Governorship Election Campaign Council, signalling a strategic move to strengthen its campaign ahead of the upcoming poll. The appointment was conveyed in a letter dated April 24, 2026, signed by the party’s National Secretary, Ajibola Basiru. According to the party,
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