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 nominated Mr Taiwo Oyedele as the Minister of State for Finance, replacing Dr Doris Uzoka-Anite, according to official statements from the Presidency on Tuesday March 3, 2026. In a letter sent to Senate President Godswill Akpabio, Tinubu formally conveyed Oyedele’s nomination to the Senate for confirmation as part of a
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Minister of the Federal Capital Territory (FCT), Nyesom Wike, has issued a stern warning to sanitation officials responsible for waste management in Abuja, threatening to remove them from office if they fail to address the growing problem of refuse dumps along major roads and highways, multiple news outlets report. Wike’s directive came during an executive
READ MOREThe Nigerian Electricity Regulatory Commission (NERC) has warned that more than 5 million electricity customers in Nigeria still do not have meters, underscoring a persistent metering gap in the nation’s power sector and ongoing challenges in billing transparency and revenue collection, according to recent industry data. In its second quarter 2025 report, NERC said that
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Governor Siminalayi Fubara of Rivers State has forwarded a list of nine commissioner nominees to the Rivers State House of Assembly for screening and confirmation, officials confirmed on Tuesday March 3, 2026. The submission of the nominees’ names, made in a Government Special Announcement signed by the Clerk of the House, Dr Emeka Amadi, signals a key
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The Federal Government has approved a ₦48 billion intervention to strengthen engineering and technology faculties across 12 selected universities, allocating ₦4 billion to each institution, the Minister of Education, Dr Maruf Tunji Alausa, said on Monday March 2, 2026. Alausa made the announcement at the inauguration of the Implementation Committee for the Tertiary Education Trust
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Nigerian professional boxer Elizabeth Temitayo Oshoba has etched her name into global boxing history by becoming Nigeria’s first-ever female Boxing World Champion, sports news outlets report. Oshoba’s historic title win marks a major milestone for the country and for women in the sport. The 26-year-old featherweight boxer made history in January 2024 in Copenhagen, Denmark,
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