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

Governor Francis Nwifuru of Ebonyi State has expressed deep concern and alarm over the abduction of His Royal Highness Ezeogo Francis Igwe, the traditional ruler of Ndufu-Alike in Ikwo Local Government Area, following reports that the monarch was kidnapped earlier this week, credible sources report. The 68-year-old Igwe, who is also the father of former
READ MORE
Umuahia Nigeria – The Abia State Government has begun the full rollout of the Abia Connect Card, a cashless payment system for the Green Shuttle Bus Service, as part of its efforts to modernise public transportation across the state, transportation officials say. The initiative, driven by the Abia State Ministry of Transportation under Governor Alex
READ MORE
Turkey and the Islamic Republic of Iran have mutually suspended day-trip passenger crossings at their shared land border gates, Turkey’s Trade Minister Ömer Bolat announced on Monday March 2, 2026, amid the ongoing Israeli and United States military strikes on Iran that have escalated tensions across the region, foreign media report. In a statement posted
READ MORE
The Nigeria Security and Civil Defence Corps (NSCDC) has pledged to thoroughly investigate the circumstances surrounding the death of a female officer and to provide support for her family, following a tragic accident during a tactical simulation exercise at the Corps’ National Headquarters in Abuja, security sources say. The officer, identified in official briefings as
READ MORE
Saudi Arabia’s state oil company Aramco has halted operations at the Ras Tanura oil refinery and export terminal, one of the world’s largest crude processing facilities, following a reported Iranian drone strike that underscored spiralling tensions in the Middle East, multiple international news agencies report. The shutdown was announced on Monday March 2, 2026 after
READ MORE
Members of the Islamic Movement in Nigeria (IMN), a Shiite Muslim group led by Ibrahim El-Zakzaky, took to the streets of Niger State on Sunday to protest reports of the killing of Iran’s Supreme Leader, Ayatollah Ali Khamenei, following military strikes by the United States and Israel, local media say. Dozens of demonstrators mobilised shortly
READ MORE