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

Adebayo Adelabu has resigned from his position as Nigeria’s Minister of Power to focus on his ambition to contest the governorship election in Oyo State. Sources indicate that the resignation is part of preparations to fully engage in political consultations and party processes ahead of the upcoming electoral cycle. Adelabu, a former Deputy Governor of
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Petrol prices in the United States have surged past $4 per gallon for the first time in over three years, as the ongoing conflict involving Iran continues to disrupt global energy markets. Data from GasBuddy, reported by Reuters, shows the national average retail price crossed the $4 mark on Monday, driven largely by rising crude
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Governor Caleb Mutfwang has vowed that Plateau State will not give in to fear following a deadly attack in Angwan Rukuba, Jos North, which left 28 people dead. In a statewide broadcast, the governor expressed deep sorrow over the incident, describing it as a senseless attack on innocent, law-abiding citizens who were caught off guard.
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Governor Ron DeSantis has signed a bill to rename the Palm Beach International Airport as the “President Donald J. Trump International Airport. ”The move, however, still requires administrative steps, including updates by the Federal Aviation Administration, which clarified that while it does not approve name changes, it must update navigational charts and databases. The airport
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The Lagos State Internal Revenue Service has reaffirmed March 31 as the deadline for filing annual income tax returns, but confusion persists among residents of Lagos over the difference between paying tax and filing returns. In a notice to corporate organisations, LIRS stressed that filing annual tax returns is a legal requirement for all taxable
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The Christian Association of Nigeria has called on churches nationwide to remain vigilant and take proactive security measures following the killing of over 40 people in Plateau State. The attack, which occurred in Angwan Rukuba, Jos North, on Palm Sunday, was described by CAN as tragic and unacceptable, noting that the victims included innocent men,
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