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

Former international footballer Harrison Jalla has called on Nigeria’s anti corruption agencies to take decisive action against alleged corruption in sports administration, urging them to draw lessons from a recent high profile conviction in Congo. Jalla specifically challenged the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission
READ MORE
Former U.S. President Donald Trump has issued a strong warning to Iran, threatening severe military action against its largest gas facility if Tehran launches further attacks on Qatar. The warning follows escalating tensions in the Gulf after strikes on the South Pars gas field, the world’s largest natural gas reserve jointly shared by Iran and
READ MORE
Victor Osimhen is set to undergo surgery after suffering an arm fracture during a match against Liverpool. The Nigerian striker sustained the injury in a collision during the game, forcing him off the pitch and raising immediate concerns among fans and teammates. Medical assessments later confirmed the fracture, with club doctors recommending surgery as the
READ MORE
A coalition of Arab and Muslim countries including Qatar, Saudi Arabia, and United Arab Emirates has called on Iran to immediately halt its attacks following a high level ministerial meeting held in Riyadh. The meeting brought together foreign ministers from about a dozen countries, including Egypt, Jordan, Kuwait, Pakistan, Turkey, and others, amid rising tensions
READ MORE
Lagos authorities have shut down several shipping companies following complaints over increased port charges, a move aimed at addressing rising costs and ensuring compliance with regulations. According to sources, the shutdown targeted firms alleged to have imposed excessive handling and service fees on importers and exporters, prompting intervention by relevant government agencies. Officials said the
READ MORE
Siminalayi Fubara, Governor of Rivers State, has announced that the 33.5km Elele–Umudioga–Egbeda–Ubimini–Ikiri–Omoku Road has reached 90 percent completion. Governor Fubara stated that construction work on the road is progressing steadily and confirmed that it is on track to be ready for inauguration in May. He described the project as a major infrastructure milestone for the
READ MORE