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

The senator representing Sokoto South in the National Assembly, Aminu Waziri Tambuwal, has formally resigned from the Peoples Democratic Party and joined the African Democratic Congress, marking a significant shift in Nigeria’s political landscape. Tambuwal announced his decision in a statement confirming that he had communicated his resignation in writing to his ward chairman before
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The Governor of Siminalayi Fubara has expressed support for the decision of the Rivers State House of Assembly to conduct a thorough screening of commissioner nominees, describing the process as necessary for effective governance and accountability.Speaking during the swearing in of newly confirmed commissioners at the Government House in Port Harcourt, the governor said the
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The Nigerian Meteorological Agency (NiMet) has issued a nationwide warning over rising temperatures across Nigeria, cautioning that residents in several states including the Federal Capital Territory and Benue may face increased risk of heat stress and related health complications. According to the agency, a surge in ambient temperatures combined with high humidity levels is expected
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A heavy‑goods truck overturned on the Otedola Bridge section of the Lagos–Ibadan Expressway early on Wednesday morning, causing major traffic gridlock for motorists heading both into and out of Lagos. The incident occurred at around 7:00 a.m. on the inward Lagos (Secretariat) axis after the vehicle apparently developed a mechanical fault. Officials from the Lagos State
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United States President Donald Trump has reassured world football authorities that the Iran national football team will be “welcome to compete” in the upcoming 2026 FIFA World Cup despite growing geopolitical tensions involving Iran and the United States, FIFA President Gianni Infantino said. This comment came after a meeting between the two leaders focused on
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Nigeria’s Minister of Defence, General Christopher Musa (Rtd), has convened an urgent high-level meeting with the country’s top military officials at the Ministry of Defence in Abuja. The discussion focuses on the increasing assaults on military facilities, particularly across the North East. Key attendees at the session include: •Chief of Defence Staff, General Olufemi Oluyede
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