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

The Nigeria Police Force has announced that normalcy has been restored in Maiduguri following recent bomb explosions that caused casualties and panic among residents. Police authorities said security operatives have secured affected areas and intensified patrols across the city to prevent further incidents. They assured residents that the situation is now under control and urged
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At least two people have been killed after a missile fired from Iran struck central Israel, marking another escalation in the ongoing Middle East conflict. Emergency services confirmed that the victims died from injuries sustained during the strike, which reportedly hit a site in central Israel. Several others were injured, with responders deployed across multiple
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The Confederation of African Football (CAF) has officially announced that Morocco have been declared winners of the Africa Cup of Nations following a dramatic overturning of the final result. In a statement released late Tuesday, CAF confirmed that Senegal forfeited the match due to a breach of tournament regulations. As a result, the governing body
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The Nigerian Bar Association has strongly condemned an alleged courtroom incident involving Justice Mohammed Umar, describing the reported directive for a lawyer to kneel as a violation of judicial ethics and professional dignity. In a statement, the association expressed concern over reports that a legal practitioner was instructed to kneel during court proceedings. The NBA
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The Nigerian Upstream Petroleum Regulatory Commission has announced the shortlist of firms qualified to participate in Nigeria’s upcoming 50 block oil licensing round, marking a significant step in the country’s efforts to boost investment in the upstream sector. According to the commission, the selected companies emerged after a rigorous screening process that assessed technical capacity,
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Spotify has revealed that Nigerian artists generated more than ₦60 billion in royalties in 2025, driven by an impressive 30.3 billion streams globally, according to its latest Loud and Clear report. The report highlights the growing global influence of Nigerian music, with artists from the country continuing to dominate streaming platforms and expand their international
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