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

World football governing body FIFA has sanctioned the Nigeria Football Federation (NFF) and the Fédération Congolaise de Football Association of the Democratic Republic of the Congo following disciplinary breaches during their 2026 FIFA World Cup play off encounter. According to FIFA, Nigeria was penalised over crowd misconduct linked to order and security at the match.
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Former presidential candidate of the Labour Party, Peter Obi, has strongly condemned the reported attack on the secretariat of the African Democratic Congress (ADC) in Cross River State. Reacting to the incident, Obi described the attack as a disturbing development that threatens democratic values and peaceful political engagement in Nigeria. He stressed that political disagreements
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Security operatives at the Akure Airport have arrested suspected bandits during a joint security operation carried out at the airport. The suspects were apprehended by personnel of the Aviation Security unit of the Federal Airports Authority of Nigeria (FAAN), also known as AVSEC, in collaboration with other security agencies operating within the airport. According to
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Telecommunications giant MTN Group has reported an annual profit of $2.81 billion, driven largely by strong performances in key markets including Nigeria and Ghana. The company said its financial results reflected improved revenue growth increased data usage and expansion of digital services across its African operations. Nigeria remained MTN’s largest market contributing a significant share
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Former United States President Donald Trump has said that Iran is not yet ready to reach a deal that would end the ongoing war in the Middle East, despite reports of behind the scenes discussions. Speaking during a media interview, Trump said talks were taking place but insisted that Tehran had not shown enough commitment
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The Labour Party has dismissed reports suggesting that it plans to boycott the 2027 general elections in Nigeria. Party leaders clarified that the Labour Party remains fully committed to participating in the electoral process and will actively contest elections across the country. According to party officials, the rumours about a possible boycott are false and
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