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

Operations at Spirit Airlines have come to an abrupt halt following a surge in jet fuel prices tied to rising geopolitical tensions involving Iran, leaving passengers stranded and putting thousands of jobs at risk. The airline, already battling financial instability, was pushed over the edge by escalating fuel costs—one of the most critical expenses in
READ MORE
The Dangote Petroleum Refinery has begun supplying aviation fuel directly to Ethiopian Airlines, marking a major milestone in Nigeria’s participation in the global jet fuel supply chain. The development, reported by BusinessInsider, confirms that the refinery is now exporting aviation fuel to one of Africa’s largest airlines, Ethiopian Airlines, at a time when global energy
READ MORE
The Dangote Petroleum Refinery has begun supplying aviation fuel directly to Ethiopian Airlines, marking a major milestone in Nigeria’s participation in the global jet fuel supply chain. The development, reported by BusinessInsider, confirms that the refinery is now exporting aviation fuel to one of Africa’s largest airlines, Ethiopian Airlines, at a time when global energy
READ MORE
Federal Competition and Consumer Protection Commission has dismissed reports claiming a ban on airtime borrowing and data advance services, describing them as false and misleading. The Commission clarified that no directive has been issued restricting access to these telecom services, stressing that they remain available to consumers. It explained that the confusion stems from regulatory
READ MORE
Seres has entered a partnership with BMW and Mercedes-Benz as an equal shareholder in a fast-charging joint venture in China. The collaboration will expand high-speed electric vehicle charging infrastructure through the IONCHI network, strengthening access for EV users nationwide. Seres’ EV brand, Aito, is expected to support the rollout and development of the charging network.
READ MORE
Amazon has introduced a new limited-time streaming bundle through Prime Video, combining Apple TV+ and Peacock Premium Plus for $19.99 per month. The offer saves subscribers nearly $10 compared with paying for both services separately and strengthens Prime Video’s position as a central hub for bundled streaming subscriptions. The package includes Peacock Premium Plus, which
READ MORE