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

African Democratic Congress says Atiku Abubakar has completed payment for its 2027 presidential nomination form. The party confirmed a ₦90 million payment via bank draft, backed by an official receipt dated May 8, 2026. ADC described the move as part of its early preparations for the 2027 election and a sign of growing activity within
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Nigerian Army says troops under Operation HADIN KAI repelled a coordinated attack by Islamic State West Africa Province on the 27 Brigade headquarters in Buni Gari. The attack happened in the early hours of May 8, with insurgents advancing from multiple directions, including Ganinga Junction. Troops held their ground, killed about 50 attackers, and recovered
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Shaakaa Chira says effective record-keeping is essential for transparency, accountability, and national development. He warned that weak documentation undermines auditing and financial management, stressing that governance must be backed by verifiable records, not just confidence. Chira spoke at the launch of a book by Patience Doye Odele, which highlights the risks of poor documentation. Reviewers
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Economic and Financial Crimes Commission has declared former minister Sadiya Umar Farouq wanted over alleged diversion of about ₦37 billion. The agency asked the public to provide information on her whereabouts, listing her last known address in Maitama, Abuja. A Federal Capital Territory High Court had earlier issued a warrant for her arrest after she
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Sa’ad Abubakar says proper understanding of Islam should produce peaceful, disciplined, and compassionate Muslims. Speaking at a mosque inauguration in Osogbo, he stressed that true believers should turn intolerance into unity and conflict into cooperation. Represented by a regional Muslim leader, the Sultan added that Islam teaches reconciliation, not division. Other clerics at the event
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Authorities in the United Kingdom will isolate and test about 24 passengers and crew from a cruise ship linked to a hantavirus scare. Health officials say none of the individuals currently show symptoms, but they will be taken to a controlled facility for checks on arrival. The group will be housed at Arrowe Park Hospital,
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