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

Operatives of the National Drug Law Enforcement Agency intercepted cocaine concealed in food flasks bound for the United Kingdom at the Murtala Muhammed International Airport, discovering 12 parcels weighing 2.80kg hidden in false compartments. The shipment, scheduled on a Virgin Atlantic flight, led to the arrest of cargo agents Ama Obinna Ufeim and Ogabi Monday
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Public affairs analyst Udenta Udenta has stated that a presidential ticket combining a strong southern figure like Peter Obi with a credible northern running mate could unseat President Bola Ahmed Tinubu in the 2027 elections. Speaking on Channels Television’s Sunday Politics, Udenta argued that Nigeria’s current political climate favours a united opposition built on regional
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Oil prices climbed Monday following renewed escalation in the Middle East after Iran shut the Strait of Hormuz days after reopening it, blaming the United States’ blockade of its ports. Hopes for a deal to end the seven-week crisis continued to support equities, although Tehran said it has no plans to attend upcoming peace talks.
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Elon Musk has been invited for a voluntary interview in Paris as part of an ongoing probe into his platform X, though his attendance remains uncertain. Authorities issued the summons in February under an investigation launched in January 2025 over claims that X’s algorithm interfered in French politics. The case later expanded to include scrutiny
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