Troops neutralise four ISWAP terrorists, rescue two hostages in Gajiram

By: Zagazola Makama

Troops of Operation Desert Sanity IV and Lake Sanity III have neutralised four ISWAP terrorists and rescued two kidnapped victims during a clearance patrol in Gajiram general area of Borno State.

Sources told Zagazola Makama that the encounter occurred at about 2:35 p.m. on Thursday along the Gajiram–Bolori–Mile 40–Gajiganna road.

The source said the troops, comprising 16 soldiers and eight members of the Civilian Joint Task Force (CJTF) on ten motorcycles, came under attack by the terrorists at Zundur general area, where they engaged in a fierce gun battle.

He said four terrorists were neutralised in the firefight, while others fled into the nearby bushes with gunshot wounds.

“During the operation, the troops rescued two kidnapped victims identified as Mr. Modu Kinnami, 55, and Mr. Bukar, 57, both residents of Guzamala Local Government Area.

“The rescued victims revealed during preliminary investigation that the terrorists had demanded a ransom of ₦2 million and two new Tecno button phones for the release of their brother,” the source said.

Items recovered from the scene include a blue pickup vehicle with registration number GUB 327 XA, two new Tecno button phones, a jerrycan containing 30 litres of petrol, and a total sum of ₦4,355,000.

According to the source, the general security situation in the area remains calm but unpredictable, while troops’ morale and fighting efficiency are described as satisfactory.

Troops neutralise four ISWAP terrorists, rescue two hostages in Gajiram

Troops sustain offensive in Magumeri, kill five terrorists, recover arms

By: Zagazola Makama

Troops of the Joint Task Force North-East Operation Hadin Kai (OPHK) have neutralised five Boko Haram/ISWAP terrorists during a fierce encounter in the Magumeri axis of Borno State, as part of ongoing Operation Desert Sanity IV.

Sources told Zagazola Makama that the operation was launched following credible intelligence on the movement of terrorists marauding around Goni Dunari village in two vehicles and on foot, setting houses ablaze.

Acting promptly on the intelligence, the troops, in collaboration with the Magumeri Civilian Joint Task Force (CJTF), embarked on an aggressive fighting patrol to intercept the fleeing insurgents.

The sources said that on approaching the terrorists’ location, the insurgents attempted to escape toward Damjiyakiri village, prompting a sustained pursuit that lasted over four hours.

Upon making contact, the troops swiftly deployed into assault formation and opened fire on the fleeing terrorists, killing five on the spot while others scattered in disarray, many of them believed to be wounded judging from blood trails observed at the scene.

Items recovered from the encounter included one AK-47 rifle with registration number 06798, five magazines (three empty and two loaded), 31 rounds of 7.62mm ammunition, one Itel mobile phone, and a dagger.

The sources confirmed that the troops recorded no casualties during the operation, and all equipment remained intact. The patrol covered a total distance of 92 kilometres before returning to base.

Operation Desert Sanity IV, currently ongoing across parts of northern Borno, forms part of a broader offensive to eliminate remnants of Boko Haram and ISWAP terrorists still hiding within the fringes of the Lake Chad Basin and the Magumeri–Kukawa–Gubio axis.

Security analysts say the continued success of ground patrols under Operation Hadin Kai reflects improved coordination between the Nigerian Army, Air Component and local vigilante forces, contributing to the sustained stability across liberated communities in the state.

Troops sustain offensive in Magumeri, kill five terrorists, recover arms

Dabiri-Erewa: Nigeria gained over N673 million worth of investments via Nigeria Diaspora Investment Summit in 2024

By: Michael Mike

Nigeria gained over N673 million worth in Diaspora Investment Deals in 2024 through the efforts of the the Nigeria Diaspora Investment Summit, the Chairman/CEO Nigerians in Diaspora Commission (NIDCOM) Hon. Abike Dabiri-Erewa

Dabiri-Erewa, who briefed the media ahead of the NDIS 2025 Summit, also said the summit supported Nigeria’s local economy – contributing over ₦500 million to service providers, creatives, and SMEs engaged around the event since inception in 2018.

The NIDCOM boss also disclosed that President Bola Tinubu is expected as the guest of honour at this year’s Nigeria’s Diaspora Investment Summit scheduled for 11-13 November 2025 in Abuja.

She revealed that no fewer than 3,000 online and physical participants are expected to participate at the 8th edition of the Summit.

Dabiri-Erewa said with the Summit themed: “Fast-Tracking Regional and National Development by Mobilising Diaspora Investment,” “We are determined to build on this momentum. This year, we will continue to spotlight sectors critical to Nigeria’s transformation: Finance and Fintech; ICT; Creative Industries, Sports and Entertainment; Agribusiness; Healthcare; Education; Real Estate and Infrastructure; Manufacturing and Energy.”

She added that: “We are honoured that His Excellency, President Bola Ahmed Tinubu GCFR, President of the Federal Republic of Nigeria, will once again serve as the Special Guest of Honour and we anticipate the participation of distinguished business leaders, diaspora investors, policy champions, and creative icons who continue to inspire confidence in Nigeria’s potential.”

She noted that since the inception in 2018, the NDIS has become a trusted platform that fosters ‘direct, credible and impactful investments’ from the Nigerian diaspora into the local economy.

She said: “The last edition of the Summit, held in November 2024, showed just how much momentum NDIS has built over the years as it welcomed above 1,500 participants, both online and physically including 236 investors, 1,197 business owners and 168 government officials. Over the course of the Summit, a total of 56 pitches were presented across eight key sectors which highlighted the creativity, determination, and entrepreneurial spirit of Nigerians. These ideas were not just pitched but attracted about 168 deals worth about N673 million.

The Creative, Entertainment, and Sport sector stole the spotlight with 39 deals, showing just how much talent and energy Nigeria has to offer. But when it came to big money, Infrastructure and Real Estate led the way, securing about ₦201 million across 22 deals. Energy, though quieter with just four deals, still drew an impressive ₦172 million. Agribusiness made its mark too, with 28 deals bringing in ₦103 million. While the numbers are impressive, the true story lies in the impact these investments are having on everyday lives in Nigeria. They are helping to create jobs for young people, giving them opportunities to learn new skills and earn a living. They are helping businesses expand their operations, reach new markets, and become more competitive. For example, GAIN Business Incubator raised over ₦200 million to expand its operations. Xtralarge Farms secured international distribution deals through connections made at the Summit. Filmmakers like JohnMark Iyoo found mentors and pathways to bring Nigerian stories to a global audience.”

She noted that several state governments, including Ondo, Nasarawa, and Borno, have leveraged the Summit in previous years, to attract investors and advance major development projects, such as Ondo’s port initiative which later gained Federal Government approval.

She also pointed out that: “These outcomes show that NDIS is more than a conference; it is a catalyst for enterprise and sustainable partnership.”

She therefore called on Nigerians in the diaspora and those at home, to seize emerging investment opportunities through the Nigeria Diaspora Investment Summit (NDIS) and invest massively for Nigeria’s economic development.

She asserted that NDIS has grown beyond being a conference but as a catalyst for enterprise and sustainable development, which has fostered job creation, youth empowerment, and connecting Nigeria’s enormous talent pool to its development agenda.

On her part, Chairperson of the Nigeria Diaspora Summit Initiative (NDSI), Dr. Badewa Adejugbe-Williams noted that over the years, the summit has served as a vital bridge, attracting investments and unlocking the vast potential of the diaspora for Nigeria’s development.

She added that this year’s theme aligns perfectly with the Renewed Hope Agenda, which seeks to diversify the nation’s economy and drive inclusive growth and sustainable development.

Dr. Adejugbe-Williams also encouraged new sponsors, investors, and media partners to amplify the message of the Summit and take advantage of the opportunities it presents.

Organised by NiDCOM with NDSI, the Summit connects Diaspora investors with local entrepreneurs across key sectors including Finance and Fintech, ICT, Creative Industries, Sports, Agribusiness, Healthcare, Education, Real Estate, Infrastructure, Manufacturing and Energy.

Meanwhile, all participants are urged to register at www.ndisng.com.

Dabiri-Erewa: Nigeria gained over N673 million worth of investments via Nigeria Diaspora Investment Summit in 2024