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

The Africa Magic Viewers’ Choice Awards is entering a new phase as organisers have named Bovi Ugboma and Nomzamo Mbatha as co-hosts for the 12th edition. The ceremony is scheduled to hold at Eko Hotel and Suites on May 9, 2026. Since the awards began in 2013, IK Osakioduwa has been a central figure, hosting
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Gunmen have kidnapped 15 passengers during a pirate attack on a ferry travelling along the Calabar–Oron waterways in Cross River State. According to police authorities, the incident occurred on April 16, 2026, as the victims were journeying from Calabar to Oron. The spokesperson for Zone 6 Police Command, Jefferson Osupe, confirmed the abduction, noting that
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Police in Edo State have initiated an intensive search-and-rescue operation after gunmen attacked a commercial bus along the Lagos–Benin Expressway, killing the driver and abducting passengers. According to the spokesperson of the Edo State Police Command, Eno Ikoedem, authorities have ordered a coordinated rescue effort covering the Ore–Benin axis and nearby forest areas. The Commissioner
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Air strikes by the Nigerian Air Force have killed several terrorists in the Yuwe axis of Sambisa Forest in the North-East. The Director of Public Relations and Information, Ehimen Ejodame, said the operation followed sustained pressure on terrorist elements. In a statement, he noted that the strikes targeted fighters concealed within fortified structures and bunkers
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Nigeria has recorded a new case of COVID-19, marking a fresh development years after the global outbreak subsided. The case was confirmed in Cross River State. The state Ministry of Health has begun contact tracing for individuals linked to a Chinese national who tested positive after being admitted. The Commissioner for Health, Henry Ayuk, disclosed
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The 2023 Peoples Democratic Party (PDP) governorship candidate in Lagos State, Abdulazeez Adediran, has stated that Deputy Governor Obafemi Hamzat has not declared his intention to run in the 2027 governorship election. Adediran, popularly known as Jandor, also said that President Bola Ahmed Tinubu has not endorsed any candidate to represent the All Progressives Congress
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