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

A meeting between the National Agency for Food and Drug Administration and Control (NAFDAC) and protesting union members over its enforcement of the ban on alcoholic beverages sold in sachets and small PET bottles ended on Thursday without a breakthrough, as both sides failed to agree on terms, local officials say. Members of the National
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A Federal High Court sitting in Abuja has adjourned the arraignment of former Kaduna State Governor Nasir El-Rufai to Thursday April 23, 2026, after he was not produced in court for arraignment on Wednesday, multiple news outlets report. The case was meant to proceed before Justice Joyce Obehi Abdulmalik at the Maitama division of the
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Popular Nigerian socialite Rahman Jago has sparked a wave of discussion online by claiming that Grammy‑winning Afrobeats star Burna Boy has converted to Islam, according to a widely shared social media post that has gone viral this week. Jago posted a video clip showing Burna Boy reciting an Islamic phrase “Alhamdulillah,” which means “Praise be
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The Ogun State Police Command has released social media personality Abigeal Nsikak, better known as Mirabel on TikTok, to the Ogun State Ministry of Women Affairs and Social Development for her welfare and support as investigations into her widely shared rape claim continue, police say in an official statement. Mirabel voluntarily presented herself at a
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The Economic and Financial Crimes Commission (EFCC) has arraigned three officials of the Nigerian Railway Corporation (NRC) before a Lagos High Court on allegations of fraud involving about ₦2.04 billion, the anti‑graft agency said in a statement on Friday. The defendants — Aliyu Ibrahim, Tunde Balogun and Esther Okafor — were charged with conspiracy, abuse of
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The Kogi State Government says President Bola Ahmed Tinubu’s push for the establishment of state police in Nigeria will be a generational reform that could transform the country’s security architecture, state officials announced on Thursday. In a statement signed by Kingsley Fanwo, the Commissioner for Information and Communications, the administration of Governor Ahmed Usman Ododo
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