News
BBC Report Reveals Hydra-Headed Monsters Threatening Nigeria

Nigeria is up against five hydra-headed monsters threatening the lives and proprties of her citizens, according to recent report by British Broadcasting Corporation (BBC).
The report by Aliyu Tanko, BBC Hausa editor, said that Nigeria is faced with an unprecedented wave of different but overlapping security crises – from kidnapping to extremist insurgencies – almost every corner of the country has been hit by violence and crime.
Audu Bulama Bukarti, a senior analyst on Sahel security at the Tony Blair Institute was quoted in the report as saying that the scale of the insecurity threatens the very fabric of Nigerian society: “With every attack, human lives are lost or permanently damaged and faith in democracy and the country is diminishing.”
When President Muhammadu Buhari was elected in 2015, he promised to protect citizens from terrorists and criminals.
But there are less than two years left of his final term in office and the country is more unstable than it’s been in decades.
Some have linked the recent surge of insecurity to the staggering poverty across the country.
Youth unemployment currently stands at 32.5% and the country is in the middle of one of the worst economic downturns in 27 years.
Here are Nigeria’s five biggest security threats:
Jihadism
Despite claiming during his first year in office that Islamist militant group Boko Haram had been “technically” defeated,
President Buhari now admits that his government is failing to stop the insurgency, which began in the north-east.
Indeed, Boko Haram is expanding into new areas and taking advantage of Nigeria’s poverty and other security challenges to fuel its extremist ideologies.
According to the UN, by the end of 2020, conflict with the group had led to the deaths of almost 350,000 people and forced millions from their homes.
Boko Haram launches deadly raids, in some cases hoisting its flag and imposing extremist rule on local people.
It levies taxes on farms and the sale of agricultural products.
The once booming international fish market in the Chad Basin is now completely controlled by the group.
Dozens of farm labourers were slaughtered by Boko Haram last year
The challenge is made harder by Nigeria’s ungoverned spaces – areas that are remote and largely ignored, where groups can torment rural communities without fear of reprisal.
In recent years, a splinter faction allied to the Islamic State group, called the Islamic State’s West Africa Province, has surpassed Boko Haram in size and capacity.
It now ranks among IS’s most active affiliates in the region.
Both groups have so far resisted the government’s military operations.
Clashes between herders and farmers
There have been violent disputes between nomadic animal herders and farmers in Nigeria for many years.
But disagreements over the use of land and water, as well as grazing routes, have been exacerbated by climate change and the spread of the Sahara Desert, as herders move further south looking for pasture. Thousands have been killed in clashes over limited resources.
Benue State, in the centre of the country, has recorded the deadliest attacks.
Recently, seven people were killed when gunmen opened fire on a camp for those fleeing the conflict.
Some have also blamed herders for kidnapping people and demanding a ransom.
The tension has led to some state governors banning grazing on open land, and thus creating friction with the central government.
In 2019, federal authorities launched a 10-year National Livestock Transformation Plan to curtail the movement of cattle and boost livestock production in an attempt to stop the conflict.
But critics say a lack of political leadership, expertise and funding, plus delays are derailing the project.
Banditry and kidnapping
One of the scariest threats for families in Nigeria is the frequent kidnapping of schoolchildren from their classrooms and boarding houses.
More than 1,000 students have been abducted from their schools since December 2020, many only released after thousands of dollars are paid as ransom.
Some of the kidnappers are commonly referred to as “bandits” in Nigeria. These criminals raid villages, kidnap civilians and burn down houses.
Attacks by bandits have forced thousands of people to flee their homes and seek shelter in other parts of the country.
The north-west is the epicentre of these attacks. In Zamfara state alone, over 3,000 people have been killed since 2012 and the attacks are still going on.
Hundreds of schools were closed following abductions at schools in Zamfara and Niger state, where children as young as three years old were seized.
By every indication, Nigeria’s lucrative kidnapping industry is thriving – expanding into previously safe areas – and seemingly beyond the control of the country’s army. It poses a real threat to trade and education, as well as the country’s farming communities.
Separatist insurgency
A separatist group called the Indigenous People of Biafra (Ipob) has been clashing with Nigeria’s security agencies.
Ipob wants a group of states in the south-east, mainly made up of people from the Igbo ethnic group, to break away and form the independent nation of Biafra.
President Buhari has vowed to crush Ipob
The group was founded in 2014 by Nnamdi Kanu, who was recently arrested and is set to face trial on terrorism and treason charges. His arrest has been a major blow to the movement.
The idea of Biafra is not new. In 1967, regional leaders declared an independent state, which led to a brutal civil war and the death of up to a million people.
Supporters of Nnamdi Kanu’s movement have been accused of launching deadly attacks on government offices, prisons and the homes of politicians and community leaders.
President Buhari has vowed to crush Ipob. Last month he tweeted that “those misbehaving today” would be dealt with in “the language they will understand”.
The post was removed by Twitter for violating its rules after Mr Buhari faced a backlash online. The incident led to the suspension of Twitter in Nigeria.
Oil militants
Well-armed militants staged numerous attacks on oil installations in the early 2000s
In the oil-producing south, security challenges are nothing new.
It is Nigeria’s biggest foreign export earner, and militants in the Niger Delta have long agitated for a greater share of the profit. They argue the majority of the oil comes from their region and the environmental damage caused by its extraction has devastated communities and made it impossible for them to fish or farm.
For years, militants pressured the government by kidnapping oil workers and launching attacks on security personnel and oil infrastructure, like pipelines.
To address this, ex-president Umaru Musa Yar’Adua launched a presidential amnesty programme in 2009, which saw the formal end of the Niger Delta militants.
But armed cult groups still pose a security challenge in the region and industry officials have been warning that militancy is once again picking up.
News
Experts Urge MSMEs to Build Strong Partnerships in Solving Problems,

For a business to remain strong and relevant, experts have urged entrepreneurs to engage in solving problems in the Micro, Small, Medium Enterprises (MSMEs) space and build strong partnerships.
The experts stated at the United Bank for Africa (UBA) Business Series with the theme, “Stronger Together: Building Powerful Business Partnerships for Progress.”
Four seasoned business owners including: Beauty Entrepreneur, Dabota Lawson; Real Estate Mogul and Entrepreneur, Wale Ayilara; Journalist and TV producer Peace Hyde and Fashion Entrepreneur, Mai Atafo, encouraged participants to solve problems, invent in products & service and, create value to remain stronger in business and thrive amid competitive business environment.
Ayilara expressed that an entrepreneur must be able to solve problems and build a strong partnership in order to remain relevant in a challenging business environment.
He stressed further that there are a lot of business opportunities in Nigeria and questioned where consumers money is directed into.
Lawson said the inability to find a suitable sensitive skincare that matches her skin tone forced her to start her company.
On her part, Hyde stated that she ventures into media on the backdrop of telling Africa’s stories to international audiences.
Atafo said passion made him venture into fashion, maintaining that being an entrepreneur in Nigeria is tough work.
Speaking earlier, UBA’s Group Head, Retail and Digital Banking, Shamsideen Fashola, highlighted the critical role of partnerships in today’s dynamic business environment.
“In an increasingly interconnected world, the power of collaboration cannot be overstated. At UBA, we recognise that collaboration is the cornerstone of sustainable business success.
“The ‘Stronger Together’ Business Series is designed to inspire entrepreneurs and corporate leaders to forge meaningful alliances that drive progress, unlock opportunities, and contribute to Africa’s economic transformation,” Shamsideen said.
News
FirstBank, NLNG, Shell back QEDNG Creative Powerhouse Summit

Nigeria’s leading commercial bank, First Bank of Nigeria, has joined forces with Mighty Media Plus Network Limited for the maiden edition of the QEDNG Creative Powerhouse Summit.
Also supporting the event are Nigeria LNG (NLNG) and Shell Nigeria, two major players in the country’s energy and development sectors.
Chief Executive Officer of Mighty Media Plus Network Limited, Olumide Iyanda, announced the partnerships in a statement on Monday.
Mr Iyanda described FirstBank’s involvement as a strong statement of the bank’s belief in the power of Nigeria’s creative sector.
“FirstBank’s support is a reaffirmation of its long-standing commitment to promoting the creative economy,” he said. “Through First@arts, the bank has become a reliable partner to talents, institutions, and organisations working to grow Nigeria’s cultural assets.”
First@arts is FirstBank’s platform for supporting the arts. It provides financing, advisory services, and exposure for creatives across the value chain. The bank has backed major cultural events and partnered with institutions such as British Council, Duke of Shomolu Productions, Live Theatre Lagos, Freedom Park and Terra Kulture.
Among the projects FirstBank has supported are The Headies Awards, Lagos International Theatre Festival, The Oxymoron of Kenny Blaq, Kurunmi, Eni Ogun, and Oke Langbodo.
Iyanda also praised NLNG for its role in promoting excellence in literature and science through The Nigeria Prize for Literature, The Nigeria Prize for Science, and The Nigeria Prize for Literary Criticism.
“NLNG has shown leadership by rewarding creativity and innovation in ways that impact both the literary and scientific communities,” he said.
The prizes, worth up to USD100,000, are among the most prestigious on the continent. They celebrate Nigerian authors, critics, and scientists whose work makes a real difference.
Shell’s support for the summit reflects its ongoing commitment to education and social development. The company focuses on sustainable, community-driven educational projects, ranging from scholarships to infrastructure development and ICT donations.
“Shell’s belief in education as a foundation for long-term progress aligns with our vision for the summit,” Iyanda added.
He further noted that more sponsors will be unveiled in the coming weeks.
The QEDNG Creative Powerhouse Summit, themed “Financing as Catalyst for a Thriving Creative Economy,” will take place on Tuesday, August 12, 2025, at 10:00 a.m. The venue is the prestigious Radisson Blu Hotel, Isaac John Street, Ikeja GRA, Lagos.
The summit will bring together creatives, investors, policymakers, and business leaders to explore solutions to the funding challenges facing Nigeria’s creative industries.
News
EFCC: Accusations Against Our Chairman Are Baseless and Misleading

Economic and Financial Crimes Commission (EFCC) has strongly denied allegations of lack of integrity and transparency directed at its chairman, Ola Olukoyede, by columnist Steve Osuji.
In a statement issued by Dele Oyewale, spokesperson, EFCC. the commission described the claims as “worrisome and unjustifiable,” particularly criticizing the personal attacks on Olukoyede.
“More worrisome was his attack on Olukoyede for no justifiable reason. Allegations of lack of transparency, accountability and integrity deficit are wild and clearly off the mark,” Oyewale said.
He questioned the basis for the allegations and defended Olukoyede’s leadership since taking office.
“The question is: in what way has Olukoyede fallen short? Is it by insisting that the right things should always be done? By moving the nation’s anti-graft war forward radically and unprecedentedly?
“By bringing forth a preventive framework to tackle corruption and reaping bountiful gains for the nation?
“By recovering the globally-acclaimed 753 duplexes and other apartments, which are proceeds of fraudulent dealings for the nation?
“By launching the EFCC into a global map of accomplished anti-graft agencies? By handling 50,000 case files in one year?
“By embarking on a courageous internal cleansing system and other progressive initiatives to deepen and strengthen the anti-corruption fight?
“It is cowardly and uncharitable for any columnist to hide under vague and opaque cover to splash mud on Ola Olukoyede, arguably one of the finest breed of anti-graft czars around the world.”
Olukoyede, through the statement, reaffirmed that the EFCC has consistently submitted its annual reports to the National Assembly as required by law.
“Equally preposterous are claims of re-looting of assets by officers of the Commission. For the purpose of clarification, the Commission does not recover monetary assets into its covers and the non-monetary assets that are recovered are disposed of following clear pronouncements by court and proceeds paid into the Confiscated and Forfeited Properties Account account in the Central Bank in line with provisions of the Proceeds of Crime (Recovery and Management) Act, 2022.
“The EFCC does not operate in secrecy. All its operations are regularly communicated to the public, including public auction of assets. To deliberately cast the Commission in the mould of fraudulent engagements or criminality is not only mischievous but also untenable,” the statement concluded.
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