CBN approves BDCs’ return to forex market

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The Central Bank of Nigeria (CBN) has authorised licensed Bureau De Change (BDC) operators to resume participation in the Nigerian Foreign Exchange Market (NFEM) as part of efforts to improve liquidity and access to foreign exchange in the retail segment. The approval was conveyed in a circular signed by the Director of the Trade and Exchange Department, Dr. Musa Nakorji....

World’s oldest sex workers retire at 70

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Martine and Louise Fokkens, identical twin sisters from Amsterdam, have retired from sex work at the age of 70, closing a remarkable chapter as some of the oldest and longest-serving legal sex workers in the Netherlands. The twins entered the Red Light District’s legal adult industry under different circumstances—Louise at 17, following pressure from her husband, and Martine later, when...

NAFDAC issues alert over counterfeit Dermazin Cream in circulation

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The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a public alert warning healthcare providers and the general public about the circulation of counterfeit Dermazin (1% Silver Sulphadiazine) Cream. According to the agency, Taylek Drugs Company Limited, the legitimate manufacturer, reported that some products falsely claiming to be Dermazin Cream were being sold in the market....

Man opens 50,000mAh power bank, finds putty inside instead of battery

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A Nigerian man has gone viral on social media after discovering that a 50,000mAh power bank he purchased was a complete fake. Frustrated by the device’s poor performance and inability to hold a charge, he opened the power bank to inspect its contents. What he found left him shocked: instead of high-capacity battery cells, the power bank contained only a...

Fire razes OPay office in Ibadan

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A fire broke out on Tuesday at an OPay office located along Akala Expressway in Ibadan, Oyo State, destroying property valued at millions of naira. The blaze, which started in the afternoon, damaged sections of the building and caused panic among nearby residents, drivers, and business owners. Many onlookers gathered as thick smoke and flames filled the area. Firefighters responded promptly...

Customs officer testifies in EFCC trial of Austrian caught with undeclared $800k, €651k

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The Economic and Financial Crimes Commission (EFCC) on Tuesday, February 10, 2026, presented its first prosecution witness in the trial of Kavlak Onal, an Austrian national accused of failing to declare $800,575 and €651,505 at Murtala Mohammed International Airport, Ikeja, Lagos. The witness, Yusuf Suleiman, a profiling officer with the Nigerian Customs Service (NCS), told Justice Yelim Bogoro of the...

Aliko Dangote explores investment opportunities in Burundi

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Africa’s richest man, Aliko Dangote, visited Burundi to explore new investment opportunities and expand the Dangote Group’s footprint across the continent, holding high-level discussions with President Evariste Ndayishimiye at the presidential palace. Accompanied by former Nigerian President Olusegun Obasanjo, Dangote described the trip as both diplomatic and economic, aimed at fostering mutually beneficial partnerships. He revealed that two technical teams—one...

BUA chairman calls for shift from raw extraction to industrialization in Africa

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The Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu CFR CON, has called on African governments, financiers, and the private sector to move the continent from raw material extraction to large-scale industrial processing and value addition. Rabiu made the remarks as Special Guest of Honour at an Africa Finance Corporation (AFC) forum during Mining Indaba 2026, which brought...

Subpoena dispute relays ₦110bn Kogi fraud trial

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Proceedings in the ₦110.4 billion fraud trial of former Kogi State Governor Yahaya Adoza Bello were stalled on Tuesday, February 10, 2026, over a disagreement on the examination of a subpoenaed prosecution witness. Bello is standing trial alongside Umar Shuaibu Oricha and Abdulsalami Hudu on a 16-count charge of criminal breach of trust and money laundering. At the resumed session before...

‘We have longevity in my family’: Pete Edochie debunks death rumours

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Veteran Nollywood actor Pete Edochie has debunked rumours of his death trending on social media. The false claim alleged that Edochie was rushed to the hospital and died on Monday, February 9, 2026. Debunking the death rumours in a telephone conversation with Vanguard on Tuesday, the veteran actor, who will turn 79 on March 7, said: “I’m alive and will die...