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Boko Haram Insurgents Kill Seven, Burn Three Villages In Borno

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Boko Haram insurgents on Wednesday night burnt down three villages in Konduga Local Government Area of Borno, in an attack that left at least seven people dead.

The News Agency of Nigeria (NAN) gathered that the insurgents attacked and set Wanori, Kaleri and Amarwa villages on fire in a two hour operation that began at about 9:00 p.m.

Villagers said the insurgents shot indiscriminately, looted food items before setting the villages on fire. Security sources told NAN that the insurgents were sighted on motorcycles along the Alau General Area.

“We suddenly started seeing fire from Dalori, Kaleri and Amarwa followed by continuous gunshots from these general area.

“The Alfa jet was quickly deployed to the scene but the insurgents had taken over the villages as at that time,” one of the security sources said.

A resident of Amarwa, Goni Kachalla, who fled the attack amidst the onslaught by the insurgents, said they were shooting everybody and people fled in different directions.

“I am yet to locate my family members,” Mr Kachalla said, adding that the insurgents looted their belongings shouting Allahu Akbar and shooting everybody.

Usma Grema, another victim of the attack, said all houses in Kaleri were set ablaze by the attackers, adding that “the jet came and chased them away. I have lost everything.”

Bello Dabbatta, head, emergency response of the State Emergency Management Agency, confirmed the attack and said the agency had deployed its personnel to the affected areas.

Mr Dabbatta said he was yet to get the number of people killed or injured. Both the National Emergency Management Agency (NEMA) and Borno Police Command also confirmed the attack, but said they would respond as soon as they have details on the incident.

Attacks by Boko Haram terrorists in Nigeria’s war-ravaged northeast have increased in recent months. Over 100 soldiers have been killed and as many feared missing since mid-July alone.

The frequency and scope of the latest Boko Haram assault have alarmed security analysts and residents in the region who feared the insurgents might have regrouped.

Several military bases have been raided in recent weeks, with terrorists making away with large quantities of military equipment in virtually every raid.

Experts also blame inadequate weapons and welfare for the troops for the losses being inflicted by the terrorists.

 

– NAN

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Amaechi was behind plot to destroy CJN, says Wike

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Governor Nyesom Wike of Rivers State, has said that the Minister of Transportation was behind the plot to destroy the Chief Justice of Nigeria, CJN, Justice Walter Onoghen.

Governor Nyesom Wike of Rivers State, has said that the Minister of Transportation was behind the plot to destroy the Chief Justice of Nigeria, CJN, Justice Walter Onoghen.

“He wants to destroy the nation’s judiciary.  This particular evil will finally consume Amaechi.” The governor wondered why Amaechi would say that PDP was a party of thieves when he was Speaker for eight years under the PDP and eight years as governor under the PDP.

Reacting to Wike’s accusation, an APC Chieftain, Prince Tonye Princewill, said “People have learnt to disregard what Wike says and this gibberish is no exception.

“Many of us can remember when he called a press conference over missing money in Ikeja, Lagos and his ultimatum to the Federal Government. The man is not worthy of a considered response.

Good luck to anyone who takes him seriously.”

Read more at: vanguardngr

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RANKING: Best and worst performing banks of 2018

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The year 2018 has been very challenging and equally eventful for the Nigerian banking sector. Skye Bank morphed into Polaris Bank, while Access Bank and Diamond Bank are fixing the bolts and nuts of the biggest banking deal of 2018.

The banking sector, which controlled trillions of naira in market value and transactional strength in 2018, also had a bleeding year, as many of the listed entities had massive declines in share price and market capitalisation.

The biggest bank in Nigeria, by market cap, for 2018 is Guaranty Trust Bank (GTB), with a year-end market cap of over N1 trillion at the Nigerian Stock Exchange (NSE).

Unity Bank had the smallest market cap by the end of the year, but had a drastic increase in market value, with a 109.8 percent increase in share price, to lead the pack as the best performing bank at the exchange for 2018.

Access Bank, on its way to becoming Nigeria’s largest bank, come 2019, had the worst year, in terms of market value, shedding 35.05 percent of its share price in 365 days.

Since the Herbert Wigwe-led bank made the move to acquire Diamond Bank, the latter has gained more than 45 percent in market value, becoming the bride of the Nigerian bourse.

The ranking above is basically driven by market forces and share value, it does not directly take into account corporate governance issues, non-performing loans (NPLs), and other management factors.

By market cap, the leading banks for 2018 are GTB, Zenith Bank, Stanbic IBTC, Ecobank and First Bank of Nigeria.

Banks not listed on the Nigerian Stock Exchange (NSE), such as Keystone Bank, were not taken into consideration while compiling this list.

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We Are On Mission To Rescue Nigeria From Greedy Few – Buhari

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President Muhammadu Buhari says his administration is on a mission to rescue the nation’s resources from being appropriated by “a privileged few in their never-ending quest to satisfy their greed”.

The President stated in his New Year message to Nigerians which was issued by his Special Adviser on Media and Publicity, Mr. Femi Adesina, in Abuja on Monday.

To this end, the president said the All Progressives Congress-led Federal Government had resolved to build a country in which the resources were utilized for the benefit of citizens, irrespective of their socio-political affiliations.

He said: “That is the journey we have embarked on since we came on board in 2015, and we are not distracted as we move on.

“We are resolved to build a country in which the resources are utilized for the benefit of the largest number, and not appropriated by a privileged few in their never-ending quest to satisfy their greed.

“We are on this mission together, and I assure you of a firm commitment to the ideals of a safe, secure, fair, just and prosperous country.’’

According to him, Nigerians desire peace, security, prosperity, inclusiveness and infrastructure development, a nation they can be proud of, a country that can hold its own among the nations.

He, however, stated that those who continued to trumpet falsehood and negativity were on their own, fighting a losing battle.

He noted that “the greater number of Nigerians are trusting and believing that we shall deliver on our promises for a level playing field at the polls, and that is what we shall do’’.

He, therefore, reiterated his promises and declarations that the general elections would be free, fair and credible.

“Elections need not be done or die affair, and we should not approach that eventuality in a democracy with trepidation and mortal fear.

“Happily, a large number of presidential candidates have committed to peace, and peace we shall have,’’ he added.

President Buhari acknowledged that the country had its challenges; ranging from security, economic, political to social, but the government had resolved to combat and overcome them all.

He, therefore, expressed the hope that Nigerians would renew the mandate they overwhelmingly gave the APC in 2015, for another term.

“I appreciate your support and collaboration in previous years, and look forward to same in 2019, and beyond, as I hope you will renew the mandate you overwhelmingly gave us in 2015, for another term.

“We are motivated by nothing other than service to the motherland, and service without selfishness or personal interest.

“I can assure you all that we are making steady and sustainable progress in all areas of national life. Those who are unbiased can see and appreciate the progress the country has made since 2015.

“A New Year provides an opportunity for renewal of commitment, and I invite you to rededicate ourselves to the vision of a Nigeria that works for all.

“We are moving from potentials to actualization, and it’s a task to be accomplished by us all; man, woman, young, old, military, civilian, all Nigerians. Please come along, as we journey to the land of our dreams. Happy 2019,’’ he said.

 

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