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

A Lagos High Court has ordered Peoples Gazette Limited to pay ₦100 million in damages for publishing a defamatory report about a former judge. The case was filed by Adedayo Akintoye, who challenged a 2021 article alleging she owned a luxury apartment in Dubai’s Burj Khalifa while in office. The court ruled that the publication
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Yobe State Governor Mai Mala Buni has called for greater unity across Nigeria, warning that divisive rhetoric and negative narratives are threatening national stability. Speaking during a visit by Joseph Ochogwu, Buni urged leaders and citizens to focus on the country’s strengths rather than its shortcomings. He stressed that Nigeria’s challenges should be addressed through
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UNESCO has launched a nationwide initiative aimed at improving adolescent health and strengthening inclusive education across four Nigerian states. The programme, unveiled in Abuja, seeks to address gaps in health awareness, life skills, and access to quality education, particularly for vulnerable groups. It will be implemented in Enugu, the Federal Capital Territory, Lagos, and Ogun,
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The United States has imposed a fresh round of sanctions on Iran’s oil sector, escalating economic pressure as tensions rise over Tehran’s continued closure of the Strait of Hormuz. Washington says the new measures target more than two dozen individuals, companies, and vessels linked to the petroleum shipping network of Mohammad Hossein Shamkhani, accused of
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