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

The Nigeria Police Force has dismissed as false and misleading a viral video claiming terrorists were attacking Abuja, saying the footage was manipulated to spread panic among residents of the Federal Capital Territory. Police confirmed the arrest of one Pam Joseph, alleged to have created and circulated the deceptive clips, which falsely claimed that about
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The World Bank has removed its latest Nigeria Development Update report from its website, days after publication, while issuing a clarification on its stance regarding petrol importation in Nigeria. The report, titled “Nigeria’s Tomorrow Must Start Today: The Case for Early Childhood Development,” was released on April 7, 2026, but is no longer accessible online,
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The Federal Government, alongside Ohanaeze Ndigbo, has banned the conferment of “Eze Ndigbo” titles outside Igboland following diplomatic concerns linked to the practice. Minister of State for Foreign Affairs, Bianca Odumegwu-Ojukwu, announced the decision during an Ohanaeze meeting in Enugu, describing the spread of such titles abroad as a source of embarrassment and conflict for
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Former President Goodluck Jonathan has questioned the ability of democracy in Africa to consistently deliver economic growth, drawing comparisons with countries like China and United Arab Emirates where significant economic progress has been recorded outside democratic systems. He made the remarks at the 10th anniversary of the Goodluck Jonathan Foundation during the launch of a
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