Nigeria army retakes Baga from Boko Haram
Nigeria’s military on Saturday claimed to have retaken the town of Baga from Boko Haram, the scene of what is feared to have been the Islamist militants’ worst atrocity of the six-year insurgency.
“Troops have this afternoon captured #BAGA after fierce battle with terrorists. Heavy Casualties. Mopping up ongoing. Details later,” the military said on its Twitter account @defenceinfoNG.
There was no independent corroboration of the claim, as thousands of people had fled the town on the shores of Lake Chad in the far north of Borno state from January 3, when Boko Haram fighters attacked. Read more
INEC buys 20,000 extra card readers
The Independent National Electoral Commission has confirmed the procurement of about 20,000 backup card readers and 35,000 backup batteries as part of measures to tackle possible challenges during the accreditation and election exercise scheduled to hold on March 28 and April 11. Read more
Jonathan visits Alaafin of Oyo
President Goodluck Jonathan, yesterday, held a closed-door meeting with the Alaafin of Oyo, Oba Lamidi Olayiwola Adeyemi III.
The closed door meeting was the second such parley. Sometime last year, the president was in the state to solicit votes ahead of the March 28 poll in which he is seeking re-election. Read more
Fleeing Boko Haram fighters drown in Lake Chad
Scores of Boko Haram terrorists drowned in Lake Chad at the weekend as they sought an escape route following a siege to the fishing town of Baga, Borno State, by Nigerian troops.
The insurgents had seized the town last month, and then proceeded to plunder the military base in the town. Read more
Nigerian residents return to ‘ghost town’
A “ghost town” of burnt-out homes and looted properties greeted residents returning to Gamboru in northeast Nigeria for the first time since Chadian forces retook it from Boko Haram.
Scores of people crossed the 300-metre bridge that forms the border with Cameroon under military escort on Friday to survey the ravaged town. Read more
INEC free to use corps members for polls – NYSC
The National Youth Service Corps (NYSC) Management has denied a news report on African Independent Television (AIT) that there is a disagreement between the scheme and the Independent National Electoral Commission over the use of departing Corps members for the conduct of March 28 and April 11 polls.
A statement issued by the NYSC management at the weekend, described the report as not only false, but misleading, stressing that both NYSC and INEC are committed to the successful conduct of the 2015 general elections in line with the Memorandum of Understanding (MoU) on their collaboration. Read more
Police intelligence shocker: More political rallies likely to be bombed
The Nigeria Police Force Headquarters has received intelligence reports that there are plots to bomb more political rallies ahead of the re-scheduled general elections.
This is coming after the recent bomb blasts in Rivers and Gombe states. Read more
FG introduces vaccine to curb type-2 polio virus
The Federal Government on Saturday said it has introduced the Inactivated Polio Vaccine (IPV) aimed at boosting the body’s immunity against type-2 polio virus in Nigeria.
Supervising Minister of Health, Khaliru Alhassan, made the announcement at the launch of the IPV in Abuja. He said government has also withdrawn the Oral Polio Virus Vaccine 2 (OPV2) in line with current global practice aimed at mitigating risks associated with the spread of the virus. Read more
CBN Steps up Rescue Package for Naira, Closes RDAS/WDAS Forex Window
At last, the Central Bank of Nigeria (CBN) in a move to avert the emergence of a multiple exchange rate regime and preserve the country’s foreign exchange reserves announced the closure of Retail Dutch Auction System (RDAS) and Wholesale Dutch Auction (WDAS). Festus Akanbi harnesses the views of financial experts on the cocktail of policies of the apex bank to stabilise the local currency in the face of the oil price shocks. Read more
Election Fever, Depreciating Naira Take Toll on Lagos Ports
Uncertainty over what would be the outcome of next month’s general elections and depreciating value of the naira have forced importers to put a hold on business, reports Francis Ugwoke
In the past few months, the nation has been gripped by election fever. With the past experience, particularly during the last general election, such apprehension cannot be out of place. The killings in some parts of the North by Boko Haram insurgents became more noticeable after the general election that produced Dr Goodluck Jonathan as the President. Read more
The two leading political parties have shrugged of the postponement of the February 14 presidential elections by the Independent National Electoral Commission (INEC) and are re-strategizing on how to win the elections come March 28, 2015. One of the dirty games being allegedly played by both the ruling Peoples Democratic Party (PDP) and the main opposition All Progressive Congress (APC)is the trade in Permanent Voters’ Cards (PVCs). Read more
Oil and Gas
Rising Oil Price, Moderate Inflation Set Stage for Economic Recovery
As crude oil price rises to $62 per barrel, coinciding with the release of the January inflation figures which showed a marginal 0.2 percentage rise, the prospect of Nigeria’s economic recovery looms large.
For a nation at the receiving end of the recent oil price shock, last week’s marginal increase in crude oil price at the international market came as a big relief to Nigeria. Read more
First Ukraine war prisoner exchange completed
Ukrainian military and separatist representatives exchanged dozens of prisoners under cover of darkness at a remote frontline location Saturday evening, kicking off a process intended to usher in peace to the conflict-ridden east.
One hundred and thirty nine Ukrainian troops and 52 rebels were exchanged, according to a separatist official overseeing the prisoner swap at a no man’s land location near the village of Zholobok, some 20 kilometers (12 miles) west of the rebel-held city Luhansk. Read more
Disu petitions NFF
The protracted crisis arising from the processes leading to the election of the Ogun State Football Association has taken a new twist with one of the leading contenders, Tajudeen Disu, sending a strongly-worded petition to the Nigerian Football Federation (NFF).
The umbrella body for Nigerian players, the Association of Professional Footballers of Nigeria (APFON) also kicked against the illegalities which have tainted the electoral processes in more than 10 states across the country. Read more
Ladipo leads 30-man supporters to Niamey for Eaglets
President General of the Nigeria Football Sup- porters Club, Dr. Rafiu Ladipo will today lead a strong contingent of drummers, trumpeters singers to the on-going African Junior Championship for U-17 men in the Nigerien capital, Niamey.
According to him, this number of supporters is going to compliment the job already being done by over a hundred supporters already on ground in Niamey. Read more
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