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

Russian President Vladimir Putin has assured Iran of Moscow’s support in efforts to restore peace in the Middle East, reaffirming strong bilateral ties during talks in St. Petersburg. Meeting with Iran’s Foreign Minister, Abbas Araghchi, Putin said Russia would act in the interest of regional stability and work toward a swift return to peace. He
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The Lagos State Government has denied reports alleging that Governor Babajide Sanwo-Olu was asked to resign, describing the claims as false and misleading. Speaking for the government, Gboyega Akosile said the governor remains in office, in good health, and fully engaged in his duties, stressing that no directive for his resignation exists. He dismissed suggestions
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Aliko Dangote has urged stronger collaboration between governments and private organisations to accelerate efforts to end malaria across Africa. Speaking to mark World Malaria Day 2026, he noted that despite progress, sub-Saharan Africa still bears over 90% of the global malaria burden. Dangote highlighted that the disease continues to heavily impact vulnerable groups, including children,
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Tottenham Hotspur have confirmed that Xavi Simons will miss the World Cup after suffering an ACL injury that requires surgery. The midfielder picked up the injury during a 1-0 win over Wolverhampton Wanderers and was forced off in the second half. The club said Simons will undergo surgery soon before beginning rehabilitation, bringing his season
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Bolaji Abdullahi has accused the All Progressives Congress of weakening opposition parties, describing the government as “the most shameless” in the country’s history. The African Democratic Congress spokesperson claimed recent developments within the Peoples Redemption Party point to a pattern of interference. He said speculation about a possible coalition involving the PRP was quickly followed
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At least 42 people have been killed and 10 others injured following violent clashes between rival ethnic groups in eastern Chad, authorities confirmed on Sunday. The fighting in Wadi Fira province reportedly started as a disagreement over access to a water well but escalated into widespread violence. Officials said what began as a dispute between
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