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

The Federal Government, through the Nigerian Electricity Management Services Agency (NEMSA), has introduced new national guidelines designed to connect solar mini-grids with Nigeria’s electricity distribution network. The initiative, supported by the German Government and the European Union under the Nigerian Energy Support Programme (NESP), aims to improve electricity access while ensuring the safe and efficient
READ MORE
The Nigerian Electricity Regulatory Commission (NERC) has introduced the Net Billing Regulations 2026, a new framework that allows qualified electricity consumers with solar power systems to earn credits by supplying excess electricity to distribution networks. Under the scheme, customers who generate their own electricity through solar installations can export unused power to the grid and
READ MORE
Ondo State Governor, Lucky Aiyedatiwa, has disclosed that security agencies recently foiled an alleged plot to bomb the Ondo State Government House following intelligence-led operations. Speaking during an interview, the governor said security operatives acted on reports of suspicious activities involving a group of youths believed to be planning an attack. The suspects were initially
READ MORE
Israel and Lebanon have agreed to renew their fragile ceasefire under a new US-backed arrangement that proposes the creation of security zones in southern Lebanon where Hezbollah operatives would be barred. The agreement emerged after a fourth round of negotiations mediated by the United States and is aimed at reducing tensions along the Israel-Lebanon border.
READ MORE
Peter Obi has appealed to members of the Nigeria Democratic Congress to accept the outcomes of the party’s primaries and rally behind its broader political vision. Speaking at the party’s National Executive Committee meeting in Abuja, Obi urged unsuccessful aspirants to put aside disappointment and focus on strengthening the party ahead of future elections. He
READ MORE
Sheriff Oborevwori has commissioned three newly completed road projects in Ndokwa West Local Government Area of Delta State, totaling about 18 kilometres, as part of his administration’s infrastructure drive. The projects include the Obi-Ibabu/Ibabu Road in Onicha-Ukwuani, Phase I of the Utagba-Uno/Ndemili Road, and the Etua-Ukpo/Etua-Etiti/Etua-Oliogo Road. The governor said the roads are expected to
READ MORE