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

Nigeria’s anti corruption agency the Economic and Financial Crimes Commission has reportedly interrogated the Chief Judge of the Federal High Court of Nigeria John Terhemba Tsoho for several hours over a large amount of foreign currency allegedly found in the possession of his wife. According to sources familiar with the development the questioning followed the
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Some countries including India have reportedly declined to accept certain ambassadors recently posted by Bola Ahmed Tinubu due to diplomatic policies linked to the remaining tenure of the current administration. Diplomatic sources revealed that authorities in India and other yet to be disclosed nations have indicated reluctance to grant approval for some of the Nigerian
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Several members of the Iran women’s national football team have been granted asylum in Australia after refusing to sing their national anthem during an international tournament. The players were in Australia to participate in the AFC Women’s Asian Cup when the incident occurred. Before one of their matches the team declined to sing Iran’s national
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Oil marketers in Nigeria have told Nigerians that the country should prepare for a possible rise in petrol prices to about N1500 per litre as the ongoing conflict involving Iran continues to disrupt global oil markets. The warning was issued by the President of the Petroleum Products Retail Outlets Owners Association of Nigeria Dr Billy
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The quarter‑final draw has been confirmed following the conclusion of the fifth round. Eight teams remain in the competition and will contest the last eight ties on weekend of April 4 and 5, 2026. Confirmed FA Cup Quarter‑Final Fixtures: Southampton F.C. vs Arsenal F.C. Chelsea F.C. vs Port Vale F.C. Manchester City F.C. vs Liverpool F.C. West Ham United
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The Nigerian Navy has foiled a suspected sea robbery attempt and rescued 16 passengers during a maritime security operation along the Ibaka–Calabar Channel. The incident occurred on Sunday 8 March 2026 following intelligence reports of suspicious criminal activity along the strategic waterway. According to the Navy, the operation was carried out by personnel from the
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