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

The Nigeria Union of Teachers (NUT) has warned that it may embark on a nationwide strike if kidnapped teachers and schoolchildren across the country are not rescued without delay. The warning was issued during a solidarity rally held in Abuja, where the union expressed growing concern over the increasing attacks on schools and the safety
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Liverpool are on the verge of appointing Andoni Iraola as their new manager after reaching an agreement in principle with the Spaniard to take charge of the club. The move follows the departure of Arne Slot, with the Reds moving quickly to identify and secure a successor ahead of the new season. Iraola emerged as
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The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to discontinue the long-standing practice of placing civil servants on automatic three-month pre-retirement leave, clarifying that such a provision does not exist in the Public Service Rules. The directive, issued by the Head of the Civil Service of the Federation, Didi Walson-Jack, states that
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Political economist and National Democratic Congress (NDC) chieftain, Prof. Pat Utomi, has disclosed that the party is developing an independent election result transmission system ahead of the 2027 general elections. According to Utomi, the platform will enable polling unit results from across the country to be transmitted and monitored in real time, with access available
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Global investment giant Blackstone has raised a record $13.1 billion for its latest Asia-focused private equity fund, marking the largest fundraising exercise for an Asia-dedicated fund in the firm’s history. The fund, Blackstone Capital Partners Asia III, exceeded its original target of $10 billion and more than doubled the size of its predecessor, highlighting strong
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The United States government is set to significantly reduce the number of its embassies and consulates across Africa authorised to process visa applications, a move that could have major implications for prospective travellers from several African countries, including Nigeria. According to an internal memorandum cited by the Associated Press, the number of visa-processing diplomatic missions
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