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Police foil bank robbery, arrest suspect in Lagos
Police foil bank robbery, arrest suspect in Lagos
LAGOS—The Lagos State Police Command, yesterday, foiled a bank robbery at one of the old-generation banks opposite Maplewood Estate, in the Oko Oba area of Lagos.
One of the suspects was arrested.
The command’s Public Relations Officer, Benjamin Hudenyin, confirmed the arrest, and explained that “a distress call was received at 4.20 a.m., yesterday, at the Control Room, Ikeja. A team of anti-crime policemen led by an ASP was mobilised to the scene.
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“On arrival, one Aseez Isah, 43, was caught in action. He was breaking the bank’s security doors to gain entrance into the banking hall. He was, subsequently, arrested. The investigation is ongoing.”
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FG to Launch Monthly Revenue Transparency Dashboards to Improve Fiscal Accountability
FG to Launch Monthly Revenue Transparency Dashboards to Improve Fiscal Accountability
The Federal Government (FG) has announced plans to launch monthly revenue transparency dashboards to enhance fiscal accountability and provide public visibility of government income and expenditure across the three tiers of government. The initiative was disclosed by Dr. Doris Uzoka‑Anite, the Minister of State for Finance and FAAC Chairman, during the recent Federation Account Allocation Committee (FAAC) meeting in Abuja.
Dr. Uzoka‑Anite explained that the dashboards are necessary due to expected increases in government revenue following recent structural reforms, including a Presidential Executive Order (EO) on oil and gas revenue and expanded tax collections under the new Tax Act. These reforms are expected to significantly boost FAAC distributable funds, improve revenue discipline, and reduce leakages in the management of oil proceeds and tax inflows.
The planned dashboards will provide monthly, real-time access to detailed data on government revenue, including oil and gas receipts, tax collections, and other federal revenue streams. Citizens, policymakers, and analysts will be able to monitor allocations, track inflows, and scrutinize expenditure, promoting transparency and accountability across federal, state, and local governments.
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Dr. Uzoka‑Anite urged all tiers of government to prioritize capital expenditure over recurrent spending, invest in sectors such as infrastructure, agriculture, energy, and productive enterprises, and avoid unsustainable wage growth or consumption spikes. She also emphasized the importance of using incremental revenue inflows to reduce debt burdens, clear arrears responsibly, and fund growth-enhancing projects.
The minister highlighted that a portion of one-off payments from the EO on oil revenues could be retained in a Stabilisation Fund, released gradually to support macroeconomic stability and prevent excess liquidity from driving inflationary pressures. She further said that production-to-remittance reconciliation reporting and detailed reporting of incremental gains from tax reforms and EO-driven inflows would be implemented to improve fiscal monitoring.
“The revenue outlook is changing, and structural reforms are expected to materially strengthen Federation revenues,” Dr. Uzoka‑Anite told state finance commissioners. “Improved revenue performance requires improved fiscal coordination. A sudden liquidity injection across all tiers of government could create inflationary risks and reduce the real value of allocations. Structured mechanisms and phased disbursements are therefore critical to safeguard macroeconomic stability.”
The introduction of these monthly revenue dashboards aligns with the FG’s broader commitment to open data, fiscal transparency, and responsible revenue management, ensuring that rising inflows from oil, gas, and taxes are tracked, reconciled, and used efficiently to promote economic growth and stability across Nigeria.
FG to Launch Monthly Revenue Transparency Dashboards to Improve Fiscal Accountability
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Troops Repel Coordinated Attacks in Borno, Kill 25 Terrorists, Soldier Dies
Troops Repel Coordinated Attacks in Borno, Kill 25 Terrorists, Soldier Dies
Nigerian troops of the Joint Task Force (North East) Operation HADIN KAI (OPHK) have killed 25 suspected Boko Haram and ISWAP fighters, lost one soldier, and wounded several others while repelling coordinated terrorist attacks in Limankara and Kukawa, Borno State, military sources confirmed. The intense clashes, which erupted on the night of February 20, 2026, underscore the growing pressure on insurgent camps, logistics networks, and leadership in the region.
Lt. Col. Sani Uba, Media Information Officer of JTF OPHK, said that troops also conducted precision operations in Lamusheri Village, Gujba Local Government Area, a known terrorist hub and logistics base. Supported by air surveillance and intelligence gathering, troops destroyed defensive structures, neutralised 15 insurgents, and recovered or destroyed weapons, ammunition, and vehicles. Several militants fled with gunshot injuries.
Earlier, terrorists attempted to infiltrate the Forward Operating Base (FOB) at Limankara, but alert troops engaged them in a fierce firefight. Combined ground and air support forced the attackers to retreat, leaving behind casualties and abandoned equipment. No soldiers were injured during this engagement.
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In Kukawa, insurgents launched a multi-pronged assault using gun trucks, motorcycles, and foot soldiers, approaching from multiple axes. Troops mounted a determined defence, supported by air strikes, which destroyed a gun truck, five motorcycles, and neutralised ten additional fighters. Recovered items included rifles, loaded magazines, radios, stretchers, and shallow graves left by fleeing insurgents.
While one gallant soldier lost his life, others who sustained gunshot injuries are receiving treatment and are in stable condition, military sources said. Lt. Col. Uba commended the troops for their discipline, courage, and operational excellence, noting that the operations have significantly degraded the capacity of terrorist groups in the North-East.
The officer emphasized that sustained air-ground coordination continues to deny insurgents freedom of movement, disrupt logistics routes, and force them into chaotic withdrawals, enhancing the safety of local communities. Analysts say these operations reflect a growing reliance on intelligence-driven, technology-supported counter-terrorism strategies to dismantle insurgent networks in Borno State and the wider North-East region.
Troops Repel Coordinated Attacks in Borno, Kill 25 Terrorists, Soldier Dies
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Troops Kill 15 Terrorists, Destroy Logistics Hub in Yobe Using Satellite Intelligence
Troops Kill 15 Terrorists, Destroy Logistics Hub in Yobe Using Satellite Intelligence
Nigerian troops under Operation DESERT SANITY V have neutralised 15 suspected terrorists and dismantled a key logistics base near Lamusheri Village in Gujba Local Government Area, Yobe State, military sources confirmed. The precision strike, carried out on February 22, 2026, followed weeks of intelligence gathering using satellite imagery and airborne reconnaissance, which identified the location as a major terrorist attack launch point and logistics hub.
According to military officials, troops, working alongside the Civilian Joint Task Force (CJTF), advanced on the site early Saturday morning. The insurgents opened fire as the soldiers approached, but the troops tactically outflanked the militants and blocked all escape routes before engaging in a fierce firefight.
During the confrontation, 15 terrorists were killed, while several others reportedly fled with suspected gunshot injuries. Security forces discovered extensive defensive structures at the site and destroyed all life-support facilities used by the militants, significantly weakening their operational capability.
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The operation also involved the destruction of five tricycles and two vehicles allegedly used for attacks and logistical support. Both vehicles and their contents were set ablaze. Troops recovered a cache of arms and ammunition, along with bandoliers and camel pouches, which are being analysed to aid further operations.
Two soldiers sustained minor gunshot wounds but are in stable condition, officials said. Despite the success of the operation, the military described the general security situation in the area as calm but unpredictable, emphasizing continued vigilance.
The military highlighted that the operation demonstrates the growing role of technology in counter-terrorism, including satellite intelligence and surveillance platforms, to track insurgent hideouts and disrupt terrorist networks in Nigeria’s North-East region. Local residents welcomed the strike, noting that it would help reduce the threat posed by insurgents to nearby communities.
This operation underscores the Nigerian Armed Forces’ commitment to tackling insurgency and securing civilian populations while highlighting the strategic advantage of integrating modern surveillance technology into ground operations.
Troops Kill 15 Terrorists, Destroy Logistics Hub in Yobe Using Satellite Intelligence
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