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

Nigeria has begun arrangements to bring back its citizens from South Africa who are willing to return, following renewed fears over attacks on foreign nationals. Foreign Affairs Minister Bianca Odumegwu-Ojukwu said more than 130 Nigerians have already registered for voluntary evacuation, with numbers expected to increase. She said the move is aimed at protecting Nigerians
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As Nigeria marked World Press Freedom Day, the National Human Rights Commission called for zero tolerance toward attacks on journalists, warning that suppressing the press threatens democracy. Executive Secretary Tony Ojukwu described a free media as essential to democratic society, stressing that press freedom is a constitutional and fundamental right. At the same time, the
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European Union and UNICEF have introduced a €1 million education programme aimed at returning more than 20,000 conflict-affected children to school in Sokoto State. The initiative, supported through the EU’s humanitarian arm (ECHO), focuses on children aged 5 to 17 living in internally displaced persons camps and surrounding communities affected by insecurity. UNICEF said the
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Pras Michel has reported to a federal prison in Arizona to begin serving a 14-year sentence following his conviction in a case involving illegal foreign political donations in the United States. Federal prison records confirm the 53-year-old entered a low-security correctional facility after being found guilty in 2023 on charges including conspiracy and acting as
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The Infrastructure Concession Regulatory Commission has praised President Bola Tinubu for resolving the long-standing concession dispute involving the Murtala Muhammed Airport Terminal Two (MMA2) in Lagos, describing it as a major boost to investor confidence. Director-General Jobson Oseodion Ewalefoh said the resolution demonstrates government commitment to honouring contracts, which he described as essential for attracting
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The Nigeria Police Force has transferred officers involved in the extrajudicial killing of Mene Ogidi in Effurun, Delta State, to the Attorney General of the Federation for vetting and prosecution. The action follows the ratification of their dismissal by the Police Service Commission, after disciplinary proceedings conducted by the Force Disciplinary Committee and Orderly Room
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