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

Nuhu Ribadu is seeking deeper counterterrorism collaboration with the United States over rising insecurity in the Sahel. During talks with US officials, he stressed Nigeria’s role in regional security and called for improved intelligence sharing, military cooperation, and institutional support. Both sides reviewed progress under the Nigeria–US Joint Working Group and discussed expanding efforts in
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National Examinations Council says computer-based exams will start later this year as part of reforms to modernise testing, reduce malpractice, and widen international operations. Education Minister Tunji Alausa said the shift to CBE will enable real-time monitoring and detection of irregularities, while aligning assessments with skills like critical thinking, problem-solving, and digital literacy. At the
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Dikko Umaru Radda has submitted his Expression of Interest and Nomination Forms under All Progressives Congress, confirming his plan to seek re-election as governor of Katsina State. The forms were handed in at Treasures Suites & Conferences in Abuja, with members of the party’s National Working Committee present. Radda said his re-election bid is aimed
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Germany recorded a 0.5% rise in exports in March, outperforming expectations of a decline, with stronger demand from EU countries where shipments increased by 3.4%. At the same time, industrial output moved in the opposite direction, falling instead of rising as earlier projected, mainly due to reduced energy production and weaker performance in machinery and
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Renaissance Africa Energy Company says it plans to scale crude oil production to 500,000 barrels per day by 2030, positioning the target as both an economic and sustainability-driven goal. The company, part of a joint venture with NNPC Limited, TotalEnergies, and AENR, said the projection goes beyond volume, focusing on value for the economy, communities,
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India is repositioning its engagement with Africa, placing Nigeria at the centre of a renewed diplomatic, economic and cultural push tied to the 2026 India-Africa Forum Summit in New Delhi. India’s High Commissioner to Nigeria, Abhishek Singh, said the summit—returning after a 10-year break—will gather African leaders, ministers, investors and cultural figures as India looks
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