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

Turkey and the Islamic Republic of Iran have mutually suspended day-trip passenger crossings at their shared land border gates, Turkey’s Trade Minister Ömer Bolat announced on Monday March 2, 2026, amid the ongoing Israeli and United States military strikes on Iran that have escalated tensions across the region, foreign media report. In a statement posted
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The Nigeria Security and Civil Defence Corps (NSCDC) has pledged to thoroughly investigate the circumstances surrounding the death of a female officer and to provide support for her family, following a tragic accident during a tactical simulation exercise at the Corps’ National Headquarters in Abuja, security sources say. The officer, identified in official briefings as
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Saudi Arabia’s state oil company Aramco has halted operations at the Ras Tanura oil refinery and export terminal, one of the world’s largest crude processing facilities, following a reported Iranian drone strike that underscored spiralling tensions in the Middle East, multiple international news agencies report. The shutdown was announced on Monday March 2, 2026 after
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Members of the Islamic Movement in Nigeria (IMN), a Shiite Muslim group led by Ibrahim El-Zakzaky, took to the streets of Niger State on Sunday to protest reports of the killing of Iran’s Supreme Leader, Ayatollah Ali Khamenei, following military strikes by the United States and Israel, local media say. Dozens of demonstrators mobilised shortly
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Abuja Nigeria – The Federal Government of Nigeria has signed a $1.3 billion investment partnership with the Africa Finance Corporation (AFC) to develop a major alumina refinery and two other strategic mining projects, officials say. The deal is aimed at transforming the nation’s solid minerals sector, diversifying the economy and fostering industrialisation across key value chains.
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it recovered electronic equipment allegedly capable of tapping conversations and sensitive security documents from the Abuja home of former Kaduna State governor Nasir El-Rufai, according to court filings and official statements. The anti-graft agency told the High Court of Justice of the Federal Capital
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