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

The president of Confederation of African Football, Patrice Motsepe, has arrived in Dakar as tensions continue over the controversial reversal of the AFCON 2025 final result. His visit follows CAF’s decision to strip Senegal of their 1-0 victory and instead award the title to Morocco, citing disciplinary regulations after Senegal’s team walked off during the
READ MORE
Top opposition figures, including Atiku Abubakar, Peter Obi, Rotimi Amaechi, Rabiu Kwankwaso, Rauf Aregbesola, and David Mark, on Wednesday led a “Save Nigeria Democracy” protest to the headquarters of the Independent National Electoral Commission in Abuja. The protest, organised by members of the African Democratic Congress (ADC), drew hundreds of supporters who marched from Maitama
READ MORE
The World Bank has warned that Sub-Saharan Africa’s economic recovery is slowing, with rising risks threatening growth across the region. In its latest Africa Economic Update, the bank said it has reduced its 2026 growth forecast by 0.3 percentage points compared to its October 2025 projection. However, growth is still expected to remain at 4.1
READ MORE
U.S. President Donald Trump has warned that Iran faces devastating consequences if it fails to reach an urgent deal before a U.S.-imposed deadline, declaring that the country’s “whole civilization will die” without decisive action. The warning came amid rising tensions over the Strait of Hormuz, with Trump demanding that Iran fully reopen the key shipping
READ MORE
The Nigerian Association of Resident Doctors has suspended its indefinite nationwide strike and directed members to return to work from Wednesday morning following renewed assurances from the federal government. NARD President Dr. Mohammad Usman Suleiman said the decision came after the government indicated willingness to address concerns surrounding the controversial Professional Allowance Table (PAT), which
READ MORE
Yusuf Buhari has officially announced his intention to contest for a seat in the House of Representatives ahead of the 2027 general elections. In a letter dated April 3, 2026, he revealed plans to run for the Sandamu/Daura/Mai’Adua Federal Constituency under the platform of the All Progressives Congress, stating that the decision followed extensive consultations
READ MORE