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

The National Drug Law Enforcement Agency (NDLEA) has intercepted a large consignment of illicit drugs in Kano ahead of the Sallah celebrations, in an operation officials say has disrupted a major distribution network. According to the agency, the seizure was made during a targeted intelligence driven operation aimed at curbing the circulation of illegal substances
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The Nigeria Football Federation (NFF) is reportedly considering a lucrative contract offer for Eric Chelle as head coach of the Nigeria national football team, popularly known as the Super Eagles. According to reports, the proposed deal could see Chelle earn up to $100,000 per month, making him one of the highest paid national team coaches
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The African Development Bank Group (AfDB) has approved a $5.52 million grant aimed at strengthening tax administration and boosting domestic revenue mobilisation in Nigeria and other West African countries. According to the bank, the funding will support reforms designed to improve tax systems, enhance compliance, and increase government revenue across the region. The initiative is
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Governor Alex Otti of Abia State has approved the allocation of 100 hectares of land at the proposed Abia Airport project site for the Nigerian Air Force to establish a training base. According to state officials, the approval is part of efforts to enhance security infrastructure and support the development of the airport project. The
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After 15 years of representing Nigeria on the international stage, basketball star Sarah Ogoke has officially announced her retirement from the Nigeria women’s national basketball team. Ogoke, widely regarded as one of Nigeria’s greatest basketball talents, played a pivotal role in the team’s successes over the years, including multiple appearances at the FIBA Women’s AfroBasket
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Aliko Dangote’s conglomerate has signed a $4.2 billion gas supply agreement with GCL Group to support the construction of a new fertilizer plant in Ethiopia. The deal is part of Dangote Industries’ expansion into East Africa and aims to strengthen agricultural production in the region. According to company sources, the agreement ensures a stable and
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