Troops of Operation Fire Ball have eliminated five Boko Haram (BHT)/ISWAP terrorists and recovered a cache of arms and ammunition as well as bags of assorted grains in recent attacks on their hideouts in Borno. The Acting Director, Defence Media Operations, Brig.-Gen. Benard Onyeuko, disclosed this in statement on Sunday. Onyeuko said that Operation Fire Ball, a subsidiary of Operation Lafiya Dole, had continued to clear terrorists from their identified enclaves in the North East. He said the troops of Army Super Camp 11 Gamboru-Ngala, on Nov. 27, overran the terrorists’ hideout at Garal and Bulankesa Villages. He said that the troops eliminated two terrorists in the encounter while others fled in disarray with fatal injuries. Onyeuko said that troops deployed in Pulka also raided a terror...
Terrorists operating around Shyadawe/Nagasino villages in Borno State, Northeast Nigeria have suffered a heavy casualty blow following an ambush staged against them by troops of 192 and 202 Battalions of Operation Fire Ball (OPFB). The Boko Haram and Islamic State of West Africa Province (ISWAP) terrorists fell from bullet rain by soldiers, leaving dozens lifeless and many others fleeing in different directions with bullet wounds. Brig-Gen. Bernard Onyeuko disclosed that following intelligent on terrorist activities within Shyadawe/Nagasino axis, troops advanced to lay ambush on the criminals. General Bernard, said soldiers also recovered four AK-47 rifles, ammunition and gun trucks while clearing remnants of fleeing terrorists from Sambisa Forest. “The unrelenting troops engaged them with...
The Naira yesterday weakened to the lowest in over three years in the parallel market due to increased demand for dollars amid foreign-currency shortages. The local currency depreciated to N495 to a dollar yesterday, lowest since February 23, 2017, widening the gap with the official rate of N379.5 to over 30 per cent. The currency traded in the interbank market at 389.74 as of 4:54p.m. in Lagos. Agency reports quoted traders as alleging a groundswell of diversion of dollars, a development which heightened scarcity of the green back in the parallel market this week. There is a diversion of inflows away from official channels to the parallel market due to the gap in rates, Murega Mungai, trading desk manager for Aza Finance said in a note Thursday. The market spread has created arbitrage opp...
Sequel to the recent unrest in Lagos State which resulted in wanton destruction to some government properties, items, and valuables, the state government on Friday directed all Ministries, Departments and Agencies (MDAs) to send the list of all affected properties, items and other valuables in their domain. It would be recalled that the peaceful #EndSARS protests in the state had turned violence following the shooting by military men, resulting in hoodlums vandalizing government and private properties across the state. The State Head of Service (HoS), Mr Muri Okunola, gave this directive in a circular with Ref. No: CIR/HoS/20/Vol.1/114, dated 30th October 2020, titled: ‘Processing of Indemnity for State Property Damaged in the course of the recent civil unrest,’ saying the directive was to...