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

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has unveiled a wide-ranging reform agenda aimed at unlocking Nigeria’s estimated $3 trillion blue economy potential. Speaking at the Blue Economy Investment Summit in Abuja, Oyetola said recent interventions have begun repositioning the maritime sector for global competitiveness and investor confidence. He disclosed that the government
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Detained businessman, Henry Nzube Ikeji, has denied allegations linking him to an alleged impersonation scam involving a fake Dubai Crown Prince and the defrauding of a Romanian woman. The Economic and Financial Crimes Commission (EFCC) had earlier arrested Ikeji following an investigative report by the National Cybercrime Centre, which alleged his involvement in a $2.5
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The Managing Director of the Nigerian Airspace Management Agency, Nigerian Airspace Management Agency, Farouk Ahmed Umar, has warned that Nigeria’s airspace surveillance system is at risk due to outdated radar infrastructure. He said the Total Radar Coverage of Nigeria (TRACON) system, which monitors and tracks aircraft across the country’s airspace, has become obsolete and increasingly
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Stakeholders in Nigeria’s oil and gas industry have called for stronger alignment of digital technology, investment, and policy reforms to achieve the country’s 3 million barrels per day production target by 2030. This position was made at the 26th Oloibiri Lecture Series and Energy Forum in Abuja, where regulators and operators stressed the need for
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