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

The Anambra State Government has served a final notice to illegal occupants in Onitsha Main Market, warning that demolition of unauthorised structures will begin on March 1, 2026, officials say, as part of efforts to restore order, improve traffic flow and expand economic space in the commercial hub. The ultimatum was announced by Chief Evarist
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The United States and Israel have launched coordinated military strikes against the Islamic Republic of Iran, marking a significant escalation in tensions between Tehran and Western powers aimed at addressing perceived security threats, international news agencies report. The operation began on Saturday February 28, 2026, when explosions were reported in cities including Tehran, Qom, Isfahan,
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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
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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
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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
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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
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