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

President Bola Ahmed Tinubu has approved a sweeping overhaul of Nigeria’s sports funding structure in a move designed to eliminate persistent bureaucratic delays and improve preparation for international competitions. The directive was announced on Tuesday during a high-level briefing, where the President instructed the Ministry of Finance and the Budget Office to make consistent and
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The Adamawa State Police Command has arrested three suspects, including the biological son of an alleged kidnapping victim, in connection with the reported abduction of a father in Malabu community of Fufore Local Government Area. According to a police statement, the arrests followed a coordinated operation conducted by officers of the Nigeria Police Force alongside
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Nigeria’s armed forces have launched a major security offensive code-named Operation Savannah Shield in Kwara State following last week’s deadly attack in the Woro community, underscoring rising concerns over militant activity and the federal government’s intensified response to insecurity. The operation was rolled out in the wake of a brutal assault that left scores dead
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Nigeria’s external reserves have climbed to about $49 billion as of Thursday 5 February 2026 marking a major increase in the country’s foreign exchange buffer. Compared with the $32 billion recorded on 29 May 2023 when President Bola Ahmed Tinubu assumed office the reserves have grown by roughly $17 billion representing a 53 percent rise
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