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

Nigeria’s headline inflation rate eased slightly to 15.06 percent in February, according to the latest data released by the National Bureau of Statistics. The report shows that inflation declined marginally from 15.10 percent recorded in January, continuing a gradual downward trend in consumer prices across the country. The statistics agency noted that the decline marks
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Chelsea F.C. have been hit with major disciplinary sanctions after being fined £10.75 million by the Premier League for financial rule breaches. League authorities confirmed that the club has also been handed a one year transfer ban. However the sanction will be suspended for two years, meaning Chelsea will only face the ban if they
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President Bola Tinubu is set to travel to London for what officials describe as the first Nigerian state visit to the United Kingdom in four decades. The visit is expected to strengthen diplomatic economic and political relations between Nigeria and the United Kingdom. Government sources say the trip will include high level meetings with British
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The Federal Capital Territory Universal Basic Education Board (FCT-UBEB) has revealed that the Model Smart School in Karshi is adopting technology driven teaching methods to improve learning outcomes among students. According to the board the school located in Karshi has integrated digital tools and modern learning technologies into classroom teaching as part of efforts to
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Members of the Iran Women’s National Football Team are preparing to depart for Oman following days of uncertainty surrounding the squad after the 2026 AFC Women’s Asian Cup. Reports indicate that the team will travel from Kuala Lumpur to Oman as part of arrangements coordinated with football authorities and diplomatic officials. The move comes after
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Several passengers were reportedly injured after a train operating along the Abuja to Kaduna rail corridor was involved in an accident. The train service operated by the Nigerian Railway Corporation was travelling between Abuja and Kaduna when the incident occurred, causing panic among passengers onboard. According to preliminary reports the accident happened after the train
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