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

The Attorney General of the Federation, Lateef Fagbemi, has called for practical legal training as a key step toward improving Nigeria’s justice system. Speaking in Abuja through his representative at the Administration of Criminal Justice Academy Moot Competition, Fagbemi stressed the need to move beyond classroom-based learning to real-world legal experience for young lawyers. He
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Flutterwave has announced plans to establish its South-East hub in Anambra State as part of efforts to expand financial technology services in the region. The company’s CEO, Olugbenga Agboola, disclosed the move during a visit to Awka, stating that the initiative aims to deepen access to digital payments and support business growth. According to him,
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The Trade Union Congress has called on the Federal Government to subsidise crude oil supply to local refineries as a way to reduce soaring fuel prices. TUC President, Festus Osifo, said the rising cost of petrol—approaching N2,000 per litre in some areas—is worsening economic hardship for Nigerians. He proposed that excess revenue generated from crude
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The Minister of Marine and Blue Economy, Adegboyega Oyetola, has unveiled a wide-ranging reform agenda aimed at unlocking Nigeria’s estimated $3 trillion blue economy potential. Speaking at the Blue Economy Investment Summit in Abuja, Oyetola said recent interventions have begun repositioning the maritime sector for global competitiveness and investor confidence. He disclosed that the government
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Detained businessman, Henry Nzube Ikeji, has denied allegations linking him to an alleged impersonation scam involving a fake Dubai Crown Prince and the defrauding of a Romanian woman. The Economic and Financial Crimes Commission (EFCC) had earlier arrested Ikeji following an investigative report by the National Cybercrime Centre, which alleged his involvement in a $2.5
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The Managing Director of the Nigerian Airspace Management Agency, Nigerian Airspace Management Agency, Farouk Ahmed Umar, has warned that Nigeria’s airspace surveillance system is at risk due to outdated radar infrastructure. He said the Total Radar Coverage of Nigeria (TRACON) system, which monitors and tracks aircraft across the country’s airspace, has become obsolete and increasingly
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