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

John Owan Enoh has revealed that Nigeria spends about $6 billion yearly on textile imports, stressing the urgent need to revive the Cotton, Textile and Garment (CTG) sector to conserve foreign exchange and boost job creation. Speaking at the Phase 1 completion of the National CTG Industrial Transformation Programme in Abuja, the minister said the
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The All Progressives Congress has announced a rescheduling of dates for its primary elections in Zamfara State, outlining a revised timetable for various contests. For the primary elections, the House of Representatives will hold on Monday, 18th May 2026, followed by the Senate on Tuesday, 19th May 2026.The House of pAssembly primaries are set for
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The All Progressives Congress has set Monday, May 18, 2026, as the date for the commencement of its National Assembly primary elections in Zamfara State. The party disclosed that the primaries will take place across designated ward centres throughout the state. This was announced in a notice issued by Awwal Abdullahi Aliyu, Chairman of the
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Nigeria posted its strongest oil production figures of 2026, with total liquid output climbing to 1.66 million barrels per day (bpd) in April, up from 1.54 million bpd in March, even as crude production remained just below the 1.5 million bpd quota set by Organization of Petroleum Exporting Countries. Data from the Nigerian Upstream Petroleum
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Deputy Senate President Jibrin Barau on Wednesday praised President Bola Ahmed Tinubu for fostering unity and ensuring the peaceful conduct of ongoing All Progressives Congress primaries. Speaking to journalists upon returning to Abuja from Kano—where he emerged as the consensus candidate for Kano North Senatorial District—Barau described the process as evidence of Tinubu’s commitment to
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The Nigeria Civil Aviation Authority has approved Pioneer Airlines for unscheduled flight operations. Director-General, Chris Ona Najomo, who presented the certificate in Abuja on Wednesday, congratulated the airline while praising its high safety standards, stressing that maintaining those standards is essential as NCAA continues to monitor its operations. Speaking after receiving the certificate, Managing Director
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