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Boko Haram, Soldiers’ Clash Claims 11 Troops, 16 Insurgents

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Boko Haram fighters killed 11 troops and seized weapons in a raid on a military post in the latest such attack in northeast Nigeria, residents and a military source said yesterday.
Gunmen in five trucks and on motorcycles stormed the checkpoint in Bunari village near the garrison town of Monguno in Borno State late Friday, leading to a fierce battle.
“They came around 6:30 pm (1930 GMT) and attacked the military checkpoint and soldiers responded with five power,” resident Amadu Sheriff said.
“The attackers overpowered the soldiers who took up positions in the trenches dug round the checkpoint from where they fought the Boko Haram gunmen,” he said.
“Three civilians, including a woman and her child, from a nearby settlement, were killed by stray bullets,” he said. He said residents of the nearby settlement evacuated last Saturday and moved to Monguno for fear of renewed attacks. Sheriff had no idea of military casualties but saw “two ambulances carrying dead soldiers” being taken to Monguno, eight kilometres (five miles) away.
A military source who confirmed the attack said 11 troops were killed. “Four (military) vehicles including an APC (armoured personnel carrier) and a gun truck were carted away by the terrorists,” said the military source who asked not to be identified because he was not authorised to speak on the incident.
The attackers were repelled with the help of reinforcements from Monguno, he added. News of the attack was slow to emerge due to poor communication in the area where Boko Haram has destroyed telecoms infrastructure in the last three years. Boko Haram has launched repeated attacks recently.
The Islamists late Thursday stormed a base on the outskirts of Jakana, a village 30 kilometres (18 miles) from Maiduguri, firing guns and rocket-propelled grenades before sacking and burning down a police station.
Two weeks ago, the jihadists overran a military base in nearby Yobe state. On July 14, jihadists believed to be loyal to Boko Haram factional leader Abu Mus’ab Al-Barnawi, raided a base in Jilli village.
Dozens of troops were said to have been killed or missing.
The day before the attack, 23 troops went missing after a military convoy was ambushed by fighters in the Bama area of Borno state, where the Abubakar Shekau faction of Boko Haram is strong.
The attacks underline the threat Boko Haram still poses despite repeated military claims the group is spent force.
Meanwhile, the Nigerian Army yesterday said it killed 16 Boko Haram members and recovered a cache of weapons during its clearance operation in Mairari village in Monguno Local Government Area of Borno.
Deputy Director, Public Relations, Theatre Command Operation Lafiya Dole, Col. Onyema Nwachukwu disclosed this in a statement released in Maiduguri.
According to Nwachukwu, the troops also recovered two gun trucks abandoned by the insurgents during the encounter.
“The insurgents in three vehicles, including Gun trucks had infiltrated and attacked the community, when troops at the formation were alerted by locals.
“The troops supported by the Air Task Force swiftly responded to the attack killing 16 insurgents and capturing two trucks loaded with guns abandoned by the insurgents, as they tried escaping , having been overwhelmed by the superior fire power from the troops.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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