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

An Oyo State High Court sitting in Ibadan has upheld the validity of the Peoples Democratic Party (PDP) 2025 National Convention held in the Oyo State capital and recognised Dr Kabiru Taminu Turaki as the lawful National Chairman along with his National Working Committee (NWC), multiple news outlets report. Delivering judgment on Friday February 27, 2026, Justice
READ MORE
A Federal High Court in Abuja on Friday February 27, 2026 voided the bail previously granted to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, and ordered that he be remanded in the Kuje Correctional Centre pending fresh bail proceedings, multiple reports say. Justice Joyce Abdulmalik ruled that because the matter was
READ MORE
The price of a 50 kg bag of cement has surged to as high as ₦11,000 in many parts of Nigeria, causing concern among builders, contractors and ordinary consumers who rely on the material for construction and housing projects, recent market surveys show. Retail checks across several states including Kwara, Kano, Kaduna, Jigawa and Abuja
READ MORE
The National Identity Management Commission (NIMC) has issued a final advisory to parents and guardians, stressing that the National Identification Number (NIN) is mandatory for all candidates ahead of the 2026 Senior Secondary Certificate Examinations (SSCE) and other academic exercises, official sources say. In a public notice posted on its official social media platform, the
READ MORE
Dr Ahmed Abubakar Audi, the Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC), has formally bowed out of service after reaching the mandatory retirement age and completing his tenure, national news reports confirm. Dr Audi marked his final day in office on Friday February 27, 2026, coinciding with the observance of World Civil
READ MORE
Prof. Itse Sagay (SAN), a veteran legal scholar and former chairman of the presidential advisory committee on anti-corruption, has said the establishment of state police is the most effective way to confront Nigeria’s deepening insecurity, according to comments he made in a television interview on Friday. Sagay told Arise TV that Nigeria’s current reliance on
READ MORE