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

Troops of the Nigerian Army have arrested three suspected criminals and recovered a stolen Mack truck in a recent operation in Rivers State. The operation was carried out during a routine night patrol by soldiers of the 144 Battalion as part of Operation Eastern Sanity following credible intelligence about criminal activity in the Akpaa area.
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The Dangote Petroleum Refinery in Lagos has reached its full designed processing capacity of 650,000 barrels per day (bpd) after optimisation of key units, including the crude distillation and motor spirit production systems. This milestone marks the facility as one of the largest single-train refineries in the world and a major development for Nigeria’s energy
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Tottenham Hotspur have officially sacked head coach Thomas Frank on Wednesday morning, ending the Dane’s turbulent eight-month tenure following a disastrous run of form that has left the North London club languishing in 16th place in the Premier League. The final straw for the Spurs board came on Tuesday night, as fans at the Tottenham
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The Nigerian Naira recorded a historic recovery on Wednesday, trading below the ₦1,350/$1 mark in the parallel market for the first time since May 2024. The sudden surge in value follows a decisive policy shift by the Central Bank of Nigeria (CBN) aimed at crushing the volatility of the retail foreign exchange segment. According to
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