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

Germany’s construction sector is facing renewed pressure as escalating material and energy costs deepen an already challenging downturn, industry leaders have warned. According to construction industry representatives, recent instability in the Middle East and disruptions affecting key global trade routes have contributed to fresh price increases for essential building materials and fuel supplies. Industry officials
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The African Democratic Congress has dismissed suggestions that it may merge with any existing political party ahead of the 2027 general elections, insisting that it will pursue its political ambitions independently. Speaking in Ilorin, Bolaji Abdullahi said the party remains committed to building its platform while welcoming alliances based on shared values and political ideology
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Chairman of BUA Group, Abdul Samad Rabiu, has taken delivery of a new Bombardier Global 8000 business jet valued at approximately $81 million, further expanding the company’s aviation assets. The ultra-long-range aircraft, acquired under a deal concluded in late 2025, has now officially joined BUA’s corporate fleet. The delivery was publicly confirmed through information shared
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The Republican-led United States House of Representatives has approved a $70 billion funding package for immigration enforcement agencies, providing long-term financial support for border security operations during the remainder of President Donald Trump’s administration. The bill, which allocates funding to both ICE and the Border Patrol, passed by a razor-thin 214-212 vote and now awaits
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At least 12 people have lost their lives and nine others sustained injuries after heavily armed attackers launched a deadly assault on an informal settlement in the Cleveland area of Johannesburg. According to police, more than 10 gunmen arrived in a white Toyota Quantum late Tuesday night before entering the settlement through different access routes
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Tennis icon Serena Williams marked her long-awaited return to professional tennis with a convincing doubles victory at the historic Queen’s Club in London. The 44-year-old American legend teamed up with rising Canadian star Victoria Mboko to defeat third-seeded pair Erin Routliffe and Nicole Melichar-Martinez in straight sets, 7-6 (7-2), 6-2. The victory was Williams’ first
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