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

Amnesty International has raised alarm over a worsening kidnapping crisis in Nigeria, reporting that at least 1,100 people were abducted across northern states between January and April 2026. The rights group said the situation has become increasingly severe, with rural communities and displaced persons being the main targets. According to Amnesty International, many victims are
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The Nigerian National Petroleum Company Limited (NNPC Ltd) says it remitted ₦1.804 trillion to the Federation Account in February 2026, a sharp rise from the ₦726 billion recorded in January. In its February 2026 Monthly Report Summary, the company attributed the increase to improved revenue performance and tighter remittance processes. Total revenue for the month
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Johnvents Group has introduced a new Environmental Charter designed to deepen sustainability across its business operations and strengthen its standing in the international cocoa market. The charter sets clear environmental priorities including efficient resource use, waste reduction, pollution control, and climate-focused action, all tied to measurable goals and implementation timelines. According to Group Managing Director
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American and Iranian negotiators have arrived in Islamabad, Pakistan, for sensitive peace talks overshadowed by deep mistrust, sanctions disputes, and unresolved regional tensions that threaten the fragile ceasefire between both sides. US Vice President JD Vance was welcomed in Islamabad by Pakistan’s foreign minister shortly after the Iranian delegation landed, underlining the high stakes surrounding
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The Nigerian Bar Association (NBA) has issued a stern warning to lawyers, judges, and the Independent National Electoral Commission (INEC) against interfering in the internal affairs of political parties as preparations intensify for the 2027 general elections. The association said democracy is endangered when legal practitioners and courts take actions that contradict existing laws, especially
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The Lagos State Government has ended all manual building approval processes, making its Electronic Physical Planning Process System (EPPPS) the sole platform for obtaining planning permits statewide. Announcing the change, Olajide Babatunde, Special Adviser on E-GIS and Urban Development, said the full digital transition took effect on April 1, 2026, marking the complete phase-out of
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