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

Supporters of Peter Obi and Rabiu Musa Kwankwaso are intensifying efforts to build a united political front ahead of the 2027 elections, signalling a possible joint presidential ticket aimed at challenging the ruling establishment. At a summit held in Abuja, members of the Obidient and Kwankwasiyya movements announced plans to mobilise grassroots support and raise
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A fresh wave of violence has struck northeastern Nigeria, with Mohammed Ali Ndume confirming that at least 42 students and children were kidnapped after suspected Boko Haram / ISWAP fighters stormed a school in Borno State. The attack occurred at a government school in the Askira-Uba area, where students were reportedly in class when the
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The Federal Government has pushed back strongly against growing criticism over Nigeria’s rising debt profile, with Tanimu Yakubu defending deficit spending as a necessary economic tool rather than a sign of fiscal recklessness. In a detailed response, the Budget Office chief argued that borrowing remains a standard global practice used to stabilise economies, particularly during
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Nigeria’s police leadership has expressed deep sorrow following the killing of 17 officers during a terrorist attack in Yobe State, with Olatunji Disu describing the victims as brave personnel who died in service to the nation. The officers were participating in advanced counter-terrorism training at a military facility in Buni Yadi when gunmen launched a
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Former Nigerian leader Goodluck Jonathan has expressed renewed optimism about the country’s future, urging citizens and leaders to remain patient despite ongoing economic and security challenges. Speaking at a church gathering in Abuja, Jonathan acknowledged the nation’s struggles—from rising insecurity to social and moral decline—but maintained that Nigeria has the capacity to recover through disciplined
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A deadly explosion has claimed the lives of at least six suspected members of Islamic State West Africa Province after an improvised explosive device detonated prematurely in Marte. Security sources indicate that the incident occurred early Saturday morning in the Jubilaram area, where the group was reportedly assembling explosives. The blast is believed to have
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