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

The All Progressives Congress has set Monday, May 18, 2026, as the date for the commencement of its National Assembly primary elections in Zamfara State. The party disclosed that the primaries will take place across designated ward centres throughout the state. This was announced in a notice issued by Awwal Abdullahi Aliyu, Chairman of the
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Nigeria posted its strongest oil production figures of 2026, with total liquid output climbing to 1.66 million barrels per day (bpd) in April, up from 1.54 million bpd in March, even as crude production remained just below the 1.5 million bpd quota set by Organization of Petroleum Exporting Countries. Data from the Nigerian Upstream Petroleum
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Deputy Senate President Jibrin Barau on Wednesday praised President Bola Ahmed Tinubu for fostering unity and ensuring the peaceful conduct of ongoing All Progressives Congress primaries. Speaking to journalists upon returning to Abuja from Kano—where he emerged as the consensus candidate for Kano North Senatorial District—Barau described the process as evidence of Tinubu’s commitment to
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The Nigeria Civil Aviation Authority has approved Pioneer Airlines for unscheduled flight operations. Director-General, Chris Ona Najomo, who presented the certificate in Abuja on Wednesday, congratulated the airline while praising its high safety standards, stressing that maintaining those standards is essential as NCAA continues to monitor its operations. Speaking after receiving the certificate, Managing Director
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Renowned economist and presidential aspirant, Mohammed Hayatu-Deen, on Wednesday submitted his presidential nomination form under the African Democratic Congress, urging the party to prioritise competence over zoning. Hayatu-Deen, speaking after the submission, said the party leadership is best positioned to decide whether to adopt a consensus option or direct primary election, depending on what would
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Justice Jude Onwuzuruike of the FCT High Court in Apo, Abuja, has fixed May 25 to determine whether Tunde Ayeni, former chairman of Skye Bank Plc, will be granted bail in his ongoing alleged corruption trial. The date was set after hearing arguments from both defence and prosecution, with the Economic and Financial Crimes Commission
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