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

The Academic Staff Union of Universities (ASUU) has warned that lecturers are rapidly losing confidence in the federal government over delays in implementing the 2025 FGN-ASUU agreement. The union accused authorities of failing to set up the implementation monitoring committee meant to drive the agreement, while alleging that universities are selectively paying allowances instead of
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Senator Ned Nwoko has rejected the outcome of the Delta North APC senatorial primary, alleging that the process was manipulated to favour preferred candidates linked to the state government. Speaking during an interview with ARISE NEWS, Nwoko claimed the exercise lacked transparency, insisting his camp possesses ward-by-ward results and video evidence showing he won the
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The National Drug Law Enforcement Agency (NDLEA) has intensified its nationwide crackdown on drug trafficking, intercepting cocaine and opioid consignments cleverly hidden in export packages bound for the United Kingdom and Australia. During a routine inspection at a Lagos courier facility, operatives uncovered cocaine concealed within carton walls, while another shipment revealed a stash of
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The Korean Cultural Centre Nigeria is ramping up its cultural outreach efforts by expanding the K-Heritage Festival, a platform designed to deepen ties between Nigeria and South Korea through traditional arts and cultural engagement. Now extended to Abuja after its debut in Lagos, the festival aims to move beyond the global appeal of K-Pop by
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The World Health Organization has escalated concerns over the Ebola outbreak in Central Africa, officially classifying the situation as a global health emergency following its spread to major urban centres in both the Democratic Republic of the Congo and Uganda. Originally detected in Ituri Province in northeastern Congo, the outbreak has now reached the capitals—Kinshasa
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The Oba Adeyeye Ogunwusi has shared a deeply personal account of the emotional strain and public scrutiny he faced over delays in having children after ascending the throne. Speaking in Ile-Ife while receiving well-wishers, the monarch reflected on a period marked by criticism and even mockery from sections of the public, who questioned his ability
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