Heineken to sack 6,000 workers
Heineken has announced that it would cut up to 6,000 jobs from its global workforce and set lower expectations for profit growth in 2026. Heineken announced this in a statement on Wednesday, February 11, 2026. The job cuts amount to almost 7% of the 87,000-strong, global workforce at the world's No.2 brewer by market value, which is searching for a new...
Troops neutralise 16 terrorists, rescue 11 hostages in Borno
Troops of Operation Hadin Kai have killed 16 insurgents, rescued 11 kidnapped victims and arrested suspected logistics suppliers to terrorists during a series of operations in Borno State. The Media Information Officer of the Joint Task Force (North-East), Operation Hadin Kai, Lt. Col. Sanni Uba, disclosed this in a statement on Wednesday. According to him, the terrorists were neutralised on February...
10 dead, 25 injured in Canada school shooting
A shooting at a school in British Columbia, Canada, has left no fewer than 10 people dead, including a woman whom police believe to be the shooter. The Royal Canadian Mounted Police (RCMP) said more than 25 people were injured, including two with life‑threatening injuries, after the shooting at Tumbler Ridge Secondary School on Tuesday, February 10, 2026. RCMP Superintendent Ken...
Port Harcourt Ring Road: Fubara commends Julius Berger over project progress
Rivers State Governor, Siminalayi Fubara, has expressed satisfaction with the pace and quality of work on the ongoing Port Harcourt Ring Road project being handled by Julius Berger Nigeria Plc. The governor spoke on Monday during an unscheduled inspection of the project, which includes the construction of the Creek Bridge. He praised the engineering firm for what he described as its...
Govt closes parts of Lagos–Abeokuta Expressway for repairs
The Lagos State Government has announced a partial closure of the Lagos–Abeokuta Expressway to allow rehabilitation works on sections of the road. The four-week closure, which begins on Wednesday, February 11, 2026, will enable the Federal Ministry of Works to carry out repairs along the corridor. The Commissioner for Transportation, Oluwaseun Osiyemi, disclosed this in a statement shared on Tuesday via...
States paid N455bn to service foreign loans in 2025 — FAAC
Nigeria’s 36 states paid a combined N455.38bn to service foreign debts in 2025, marking a sharp increase from the N362.08bn recorded in 2024, according to Federation Accounts Allocation Committee (FAAC) figures released by the National Bureau of Statistics and analysed by The PUNCH. The year-on-year rise of N93.30bn represents a 25.77 per cent increase, indicating that states surrendered a larger...
Pressure mounts on Diri as race for Bayelsa dep gov heats up
Political lobbying and consultations have intensified in Bayelsa State as stakeholders focus on who will replace the late Deputy Governor, Lawrence Ewhrudjakpo. Even before his burial, political discussions had begun over his succession, especially following reports that he declined to join Governor Douye Diri in defecting from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). Ewhrudjakpo died on...
EPL: West Ham end Man United’s winning run as Tottenham sink to 16th
Benjamin Sesko salvaged a 1-1 draw for Manchester United against West Ham as Michael Carrick's perfect start in the Premier League came to an end on Tuesday night, while Tottenham's 2-1 defeat to Newcastle pushed Thomas Frank closer to the exit door. Tomas Soucek converted Jarrod Bowen's cross early in the second half to give the home side the lead. But...
Stock market extends bullish run as investors gain N1.8trn
The Nigerian stock market sustained its positive performance on Tuesday, February 10, 2026, adding N1.838 trillion to investors’ portfolios as renewed buying interest pushed key indices higher. The positive performance was due to investors continued interest in stocks such as Etranzact, John Holt, Deap Capital Management, Omatek, Vitafoam, and 61 other equities. The market capitalisation rose from N111.658 trillion to N113.496...
Naira trades N1,351/$ at official market
The naira appreciated further at the official foreign exchange market on Tuesday, February 10, 2026, trading at N1,351.02 against the United States dollar. Data released by the Central Bank of Nigeria (CBN) showed that the naira strengthened by N3.23 at the close of trading. The appreciation represents a 0.23 per cent increase compared with Monday’s rate, when the currency exchanged at...
