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

Olayemi Cardoso has launched the fourth edition of the Foreign Exchange Manual, introducing a revised framework aimed at modernising FX administration while warning market operators against misconduct before its June 1, 2026 implementation. Speaking in Abuja, the Central Bank of Nigeria governor said the updated manual reflects efforts to align FX management with global realities
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An Israeli strike in southern Lebanon has killed six people, including three paramedics, according to the country’s health ministry, coming just hours after the United States announced a 45-day extension of the ceasefire between Israel and Hezbollah. The strike reportedly hit a civil defence centre in Harouf, leaving another paramedic critically injured, while the Israeli
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Bala Mohammed and other aspirants of the Allied People’s Movement have received their expression of interest and nomination forms as the party begins preparations for screening and the 2027 general elections. The forms were presented by party chairman Auwal Isa as part of processes leading to screening, clearance, and eventual submission to Independent National Electoral
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Aston Villa sealed qualification for next season’s UEFA Champions League with a 4-2 victory over Liverpool at Villa Park, piling pressure on the visitors’ hopes of securing a place in Europe’s elite competition. A second-half brace from Ollie Watkins, along with goals from Morgan Rogers and John McGinn, ensured fourth-placed Villa claimed one of the
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John Owan Enoh has revealed that Nigeria spends about $6 billion yearly on textile imports, stressing the urgent need to revive the Cotton, Textile and Garment (CTG) sector to conserve foreign exchange and boost job creation. Speaking at the Phase 1 completion of the National CTG Industrial Transformation Programme in Abuja, the minister said the
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The All Progressives Congress has announced a rescheduling of dates for its primary elections in Zamfara State, outlining a revised timetable for various contests. For the primary elections, the House of Representatives will hold on Monday, 18th May 2026, followed by the Senate on Tuesday, 19th May 2026.The House of pAssembly primaries are set for
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