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 ordered the closure of the New Auto Spare Parts Association (NASPA) Market at Nkwo Nnewi for one week after traders failed to obey Governor Chukwuma Soludo’s directive to open for business on Mondays, a statement from the state said. The closure, which took effect at midnight on Monday, February 23,
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Nigeria’s Federal Government domestic debt stock climbed sharply to about ₦77.81 trillion as of September 30, 2025, driven largely by fresh issuances of federal government bonds and increased Treasury Bills, the country’s Debt Management Office (DMO) data shows. The latest figures indicate that domestic debt increased by around ₦7.40 trillion within nine months, rising from ₦70.41 trillion at the end
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A joint report by the United States House of Representatives’ Committees on Appropriations and Foreign Affairs has recommended that the U.S. government block beef and other cattle‑related exports from Nigeria as part of a strategy to pressure Fulani herdsmen to disarm and reduce violence, according to legislative proposals submitted to the White House on Tuesday.
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The African Democratic Congress (ADC) chairmanmanship candidate for Abuja Municipal Area Council (AMAC) and the Obidient Movement have publicly rejected the results of the February 21 Federal Capital Territory (FCT) Area Council elections, saying the outcome does not reflect the will of the electorate and urging authorities to address alleged irregularities, observers and statements show. In
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FIFA has put forward a proposal that would require players who receive medical treatment on the pitch to remain off the field for at least one minute once play resumes, in a bid to reduce time‑wasting, cut down tempo disruption and improve the flow of football matches worldwide, multiple news outlets report. Under current Laws
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The Osun State House of Assembly on Monday passed a bill to amend some sections of the state’s local government law, lawmakers say. The legislation was approved after its third reading during plenary at the Assembly complex in Osogbo the state capital. The bill, titled “Osun State Local Government Amendment No. 2 Bill 2026”, aims
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