Boko Haram kills five soldiers in attack on Borno military base – Newstrends
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Boko Haram kills five soldiers in attack on Borno military base

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Boko Haram kills five soldiers in attack on Borno military base

Boko Haram terrorists have overrun a military base in Damboa LGA of Borno State, killing dozens of soldiers, vigilantes and carting away military weapons.

Security and local sources confirmed the incident to Daily Trust on Monday.

One of the security sources said the fighters in large numbers carried out the attack around 4pm on Saturday at the Forward Operating Base, Sabon Gari area.

He said the military put up a good fight but they were overwhelmed by the terrorists.

“The base had suffered over 100 terrorist attacks in the past, but what happened yesterday was a devastating one, many soldiers and vigilantes were killed and all the armament in the base carted away.

“Operation vehicles and buildings were also burnt this time around,” he said.

Narrating how the incident happened, he said, “They (insurgents) initially sent a big drone, which we all thought was a military surveillance before they later attacked the base.

“I cannot tell you the exact number of the soldiers and vigilantes or the identity of the officers killed but we have recovered over 12 dead bodies,” he said.

He said the insurgents were said to have coordinated their attack from the Mandara Gau in Biu Local Government Area, about 25 kilometers away from the Sabon Gari base.

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“They forcefully took over a mango plantation owned by a former commissioner in Borno State, where they currently lived as a hideout,” he said.

Another security source, who corroborated what happened, revealed that the insurgents used surveillance drones to scan their location before the deadly attack.

He said between Chibok and Damboa, in the last two weeks, Boko Haram has been using drones to do surveillance.

“In one of our bases, a day before Xmas, they attacked us and injured six soldiers.

On 24th December 2024, the terrorists launched a drone attack on the Forward Operating Base inside the Damboa LGA and injured at least six soldiers.

However, the spokesman for Defence Headquarters, Brig Gen Tukur Gusau, had during a media briefing in Abuja, described the attack as a harassment, saying it was not qualified to be called an attack.

He said the fighter drones used by terrorists in the bombardment of the Nigerian military base were “toy drones.”

Terrorist fleeing Chad onslaught regroup in Sambisa

A local source, who prefers a single name, Adamu, said that most of the terrorists that carried out the attack were fleeing insurgents dislodged by the joint military operations in Lake Chad.

“When the onslaught became unbearable to the terrorists in Lake Chad, most of them escaped and joined the terrorists here, loyal to the late Abubakar Shekau. It’s these people terrorising us now, “he said.

Months back, Chadian troops entered the Lake Chad area avenging the killing of its over 40 soldiers by the terrorists.

Also, President Mahmat Deby has stationed at least two thousand troops that are currently involved in ongoing operations in the Lake Chad general area, including on Nigerian soil.

The decade-long Boko Haram conflict, which had spread to the neighbouring Niger, Chad and Cameroon has killed tens of thousands of people and forced millions from their homes.

Boko Haram kills five soldiers in attack on Borno military base

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Outrage over video of police officers collecting cash from Chinese man

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Outrage over video of police officers collecting cash from Chinese man

A video currently making the rounds on social media has triggered widespread criticism and public outrage, after it showed several Nigerian police officers allegedly receiving N5,000 each from a Chinese man and his family.

In the viral footage, the uniformed officers are seen lining up in an orderly fashion as the Chinese man distributes cash to each of them.

The incident has stirred heated reactions online, with many Nigerians calling it a blatant display of unprofessionalism and a disgrace to the integrity of the Nigeria Police Force.

Human rights activists and anti-corruption advocates have condemned the act, describing it as unethical and damaging to the already fragile reputation of law enforcement in the country.

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When contacted by Vanguard, Force Public Relations Officer, ACP Olumuyiwa Adejobi, said he was unaware of the viral video or the incident.

Similarly, the Lagos State Police Command distanced itself from the footage. Its spokesperson, CSP Benjamin Hundeyin, clarified that the incident did not occur in Lagos, contrary to claims circulating online.

Public figures have also weighed in. Omoyele Sowore, former presidential candidate of the African Action Congress (AAC), described the video as “shameful” and called for the removal of the IGP.

“This is why I keep saying illegal IGP Kayode Egbetokun must leave the police force. It is the shame of the nation,” he wrote in a Facebook post.

Popular social commentator and human rights activist Martins Victor Otse, also known as VeryDarkBlackMan, called the act “disgraceful, disrespectful, and degrading,” urging the police leadership to address the matter transparently.

The incident has intensified calls for accountability, with many Nigerians demanding disciplinary action and systemic reforms to restore public confidence in the police force.

 

Outrage over video of police officers collecting cash from Chinese man

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Nigerians lose N1.3tn as ponzi scheme CBEX collapses

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Nigerians lose N1.3tn as ponzi scheme CBEX collapses

Thousands of Nigerians face financial ruin after the collapse of CBEX, a digital investment platform accused of running a Ponzi scheme that allegedly vanished with over ₦1.3 trillion ($850 million USD). The fallout has sparked widespread distress, with victims sharing devastating stories on social media.

One investor, quoted in a transcribed audio obtained by Daily Sun, described being lured by a friend’s promise of a 100% return on a $100 Bitcoin investment within 35-40 days. Initially wary due to past scams, she was reassured after visiting CBEX’s Egbeda office, where a supposed EFCC certificate suggested legitimacy. “I visited the office only to see even a kind of a certificate from EFCC that they are aware of these people, that they are not scammers and the rest of them. So that convinced me into investing $100,” she said.

Despite her caution, limiting her investment to $100, her funds vanished when withdrawals were halted. “As my investment matured last week Monday, I planned to withdraw it this week. Only for us to wake up yesterday, 14th of April, around 5 p.m., all the money in our account has vanished,” she recounted. Other reports cite losses of up to ₦3 million, with one man allegedly writing a suicide note after investing his home and borrowed funds. The audio claimed, “About three people have been reported dead. So many attempted suicide because of this Ponzi scheme.”

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The scale of the alleged fraud has raised questions about regulatory oversight. The anonymous victim asked, “The question now is to the authorities, where are they, when Nigerians are injecting this kind of money in this kind of investment?” CBEX’s offices in Egbeda and Ikeja added a veneer of credibility.

Financial experts noted the Central Bank of Nigeria (CBN) has long warned against Ponzi schemes promising unrealistic returns. A Lagos-based forex broker, @Obobanj, tweeted, “The Central Bank of Nigeria (CBN) has long warned citizens about the dangers of Ponzi schemes, cautioning against investments that promise unrealistic returns. Despite this, platforms like CBEX continue to attract large followings, often collapsing without warning and leaving chaos in their wake.”

Social media reactions on X range from sympathy to criticism. “Nigerians don’t learn,” tweeted @ricky_chiekezie, reflecting frustration over repeated scams. The victim’s despair was palpable: “God, oh, God, oh, what have I done to deserve this? Huh? What have I gotten myself into? God, please help me. Hey, whoa. CBEX has finally killed me, oh.”

As victims reel, calls grow for authorities to investigate CBEX and hold perpetrators accountable. The forex broker emphasized, “The collapse serves as a reminder of the critical need for financial literacy and vigilance in the face of seemingly lucrative investment opportunities.”

Nigerians lose N1.3tn as ponzi scheme CBEX collapses

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Stop promoting risky coins, unlicensed platforms, SEC warns influencers

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Stop promoting risky coins, unlicensed platforms, SEC warns influencers

Following the sudden collapse of CBEX crypto trading platform, the Securities and Exchange Commission (SEC) has warned celebrities and influencers against endorsing or promoting unregistered digital asset platforms and meme coins.

After users lost access to their funds in CBEX, aggrieved ‘investors’ looted the office of Smart Treasure (ST Team), an arm of the cypto trading platform in Ibadan.

It is against this background that Emomotimi Agama, Director-General (DG) of SEC, spoke against the promotion of unregistered digital asset platforms and meme coins by influencers.

Citing the provisions of the Investments and Securities Act 2025 recently signed by President Bola Tinubu, Agama said the act established clear rules and regulations for digital asset platforms, including registration requirements to promote transparency and trust.

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According to him, this allows SEC to crack down on illicit activities, such as ponzi schemes, pump and dump tokens, and unregistered exchanges.

He said, “It is important that even for celebrities, we must be cautious around what we do. Becoming influencers or introducing meme coins that do not mean well for the generality of Nigerians are not going to be tolerated.

“The ISA 2025 is intended to promote FinTech growth and innovation, specifically within the Digital Asset space, while ensuring regulatory compliance.

“However, I want to say this very clearly. If it is not registered, it is illegal. The law will be enforced.”

Stop promoting risky coins, unlicensed platforms, SEC warns influencers

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