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

The Federal Government of Nigeria has initiated urgent measures to resolve the gas supply crisis currently affecting electricity generation and causing widespread power outages across the country. Officials disclosed that the government is engaging key stakeholders in the gas and power sectors to address supply disruptions and restore stable electricity. The crisis, largely linked to
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President Bola Tinubu has declared that Nigeria has successfully navigated its way out of a period of economic uncertainty, expressing optimism about the country’s current trajectory. In a message addressed to Nigerians both at home and in the diaspora, the President said the nation has moved beyond what he described as a “dark tunnel” of
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The Akwa Ibom State Government has handed over 44 Ghanaian nationals rescued from suspected human trafficking camps to officials of Ghana. Authorities said the victims were earlier rescued during coordinated operations targeting trafficking networks operating within the state. The individuals were reportedly held under exploitative conditions before their rescue by security and enforcement agencies. The
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Iran has launched a new wave of attacks targeting key oil and gas facilities in the Gulf, striking refineries in Saudi Arabia and Kuwait in a major escalation of the ongoing Middle East conflict. According to multiple reports, the strikes hit critical infrastructure including the SAMREF refinery in Saudi Arabia and major refining facilities in
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The President of the Confederation of African Football (CAF), Patrice Motsepe, has stated that Senegal has the right to appeal the recent ruling on the AFCON 2025 final, emphasizing that fairness will guide the process. Motsepe said CAF remains committed to upholding the integrity of its competitions and ensuring that no country is given preferential
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Ghana is set to present a landmark resolution at the United Nations seeking to formally declare the transatlantic slave trade and the racialised chattel enslavement of Africans as the gravest crime against humanity. According to diplomatic sources, the proposed resolution aims to secure global recognition of the historical injustice and its enduring impact on people
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