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Boko Haram ‘Truce’ Breached, Release of Chibok Girls Doubtful

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A wave of violence hours after Nigeria’s government announced a truce with Boko Haram raised doubt on Sunday about whether more than 200 schoolgirls kidnapped by the Islamist militants will really be released, deflating the new hopes of their parents, according to Reuters.

Chief Marshal Alex Badeh, armed forces chief Air, announced the ceasefire on Friday to enable the release of the girls, who were abducted from the remote northeastern village of Chibok in April.

But Boko Haram has not confirmed the truce and there have been at least five attacks since – blamed by security sources on the insurgents – that have killed dozens. Talks were scheduled to continue in neighboring Chad on Monday.

“We were jubilating. We had every reason to be happy … but since then the ceasefire has been broken in quite a number of places already,” Lawan Abana, a parent of the one of the missing girls, told Reuters by telephone.

He added that there were doubts about the credentials of the reported, Danladi Ahmadu,  Boko Haram negotiator who was unheard of before. “Can we trust him that he can deliver on this promise of releasing the girls when he has not delivered on the promise of the ceasefire?” Abana said.

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The government says the attacks may not have been Boko Haram but one of several criminal groups exploiting the chaos of its insurgency. Analysts point out that Boko Haram is anyway heavily factionalized, so what matters is whether the faction the government is talking to has control over the girls’ fate.

“Boko Haram is deeply fractured. The Nigerian government has had a … difficult time identifying a Boko Haram representative who could make compromises and guarantee the entire group will observe them,” risk consultancy Stratfor said in a note.

“It is quite possible that Abuja has reached an agreement with a legitimate representative of a specific cell … that holds the kidnapped schoolgirls captive,” it said on Saturday.

Boko Haram, whose name translates roughly as “Western education is sinful”, has massacred thousands in a battle to carve an Islamic state out of religiously mixed Nigeria.

Its only known method of conveying messages is via videotaped speeches by a man claiming to be Abubakar Shekau, its leader whom the military last year said it had killed.

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Ahmed Salkida, a Nigerian journalist who was once close to Boko Haram and shared a jail cell with its founder Mohammed Yusuf in 2009, tweeted that whoever Ahmadu is, he is not a member of Boko Haram’s senior “Shura council” nor does “he speak for them, as far as I know”.

A swift release of the girls would bode well for the campaign of President Goodluck Jonathan for Feb. 2015 elections. Jonathan has faced relentless criticism for failing to protect civilians in the northeast or resolve the Chibok girls crisis.

Boko Haram is regarded as the worst threat to the future of Nigeria, Africa’s biggest economy and oil producer.

Jonathan is expected to declare he is running for a second elected term soon, and the opposition is keen not to allow him to capitalize on efforts to free the girls.

“It’s interesting the timing comes as Jonathan is about to announce he wants to run for a second term. Is it by sheer coincidence?” the spokesman for the main All Progressives Congress (APC) Lai Mohammed, said by telephone.

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But Nigeria’s military has scored some successes against Boko Haram over the past two weeks, wresting back some territory near the northeast border with Cameroon.

Oby Ezekwesil, whose “Bring back our girls” campaign has highlighted daily protests in Abuja, told Reuters she was “cautiously optimistic” but “extremely anxious, not knowing what the details of this ceasefire really are.

“If it happens, it would be the best news in decades.”

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NIHSA Warns States of Possible Flood within Seven Days

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Nigeria Hydrological Service Agency (NIHSA) has warned of possible floods in parts of Adamawa, Bauchi, Edo, Imo, Enugu, Akwa Ibom, Cross River, Kaduna, Plateau, Niger, Benue, and Borno states within the next seven days.

NIHSA Warns States of Possible Flood within Seven Days

According to information posted on NIHSA X handle, the Agency announced medium flood advisory in force for the next 7 days across Adamawa, Bauchi, and 11 other States.

“Localised inundation is forecast along the main channel; named communities below sit on the projected footprint. Stations: Saminara on the Karam river, Waya Dam Site on the Waya river, Amber on the Amber river.

“Adamawa; Lemsa, Lamurde, Numan Exposure: 147 comm. 49 schis 40 hith 6 mkts17 relig. Bauchi-Bauchi, Ningi, Shira. Exposure: 4 comm. Kaduna; Chikun, Giwa, Igabi, Jaba, Jema’a, Kachia, Kaura, Kauru, +6 more. Exposure: 1 comm.

“Borno-Gubio, Mobbar. Exposure: 680 comm. 8 schls 6 hith 5 mkts 21 relig. Edo-Akoko-Ed, EtsakoEa, EtsakoWe, Ikpoba-Okha, Orhionmw, OviaNort, OviaSo.. Exposure: 3 comm.

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“Imo-Aboh-Mba, Oguta, Ohaji/Eg, Okigwe, Owerri North, Owerri West. Exposure: 3 comm. 7 more states affected and severity LGAs”.

NIHSA advised people in the affected areas to “do NOT cross flooded roads, bridges, or fast-moving water on foot or by vehicle.

“Clear drainage channels and river-mouth blockages; avoid building or living in the floodplain and move people, livestock and valuables from the floodplain to pre-identified higher ground,” NIHSA stated.

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First Trustees Advocates Estate Planning as an Essential Tool in Every Wealth Creation Strategy

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First Trustees Limited, a subsidiary of FirstHoldCo Plc., and a leading provider of fiduciary and trusteeship services in Nigeria, is encouraging individuals, professionals, entrepreneurs, and investors to view Estate Planning not as an end-of-life exercise, but as a strategic investment tool for protecting, preserving, and transferring wealth across generations.

As more Nigerians focus on wealth creation through businesses, real estate investments, and other income-generating assets, experts are emphasizing that building wealth is only one part of the equation.

Equally important is creating structures that ensure those assets remain protected, properly managed, and seamlessly transferred to succeeding generations in accordance with the asset owner’s wishes. Importantly, Estate Planning is not solely for the wealthy, it is a prudent step for anyone with assets, dependants, or a business to protect, regardless of age, profession, or net worth.

Speaking on the importance of Estate Planning, Ereifemi Akeredolu, Managing Director/CEO, First Trustees Limited, noted that Estate Planning should be considered a core pillar of every long-term financial strategy.

“Many people focus on creating wealth but give litle thought to preserving it. Estate Planning is a wealth protection strategy that helps individuals safeguard their assets, secure their family’s future, and ensure that the value they build today continues to benefit future generations.”

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Using tools such as Trusts, Wills, and advanced succession plans, individuals can build structures that support wealth preservation, business continuity, asset protection, and intergenerational wealth transfer.

For entrepreneurs and business owners, Estate Planning serves as a powerful tool for ensuring business sustainability, helping organizations remain stable and operational regardless of unforeseen circumstances.

First Trustees continues to emphasize and educate on the importance of Estate Planning as a comprehensive strategy for proactive planning. It remains one of the most important financial decisions an individual can make: it provides clarity, minimizes uncertainty, and protects assets from unnecessary erosion and disputes. It also creates financial security for loved ones, supports business succession and continuity, and facilitates long-term investment and legacy planning.

 

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Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

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Nearpays, Nigerian fintech, has won the AI for Good Innovation Factory grand finale — the first African startup ever to take the global title in the competition, which runs as part of the United Nations’ AI for Good Global Summit.

Nearpays, Nigerian Fintech Becomes First African Startup to Win UN’s AI for Good Innovation Factory

The competition drew more than 500 startups worldwide, each pitching AI solutions aimed at social and economic challenges.

The summit itself is organised by the UN through the International Telecommunication Union (ITU) in partnership with several UN agencies, convening governments, researchers, startups, and technology companies around AI’s role in development.

Nearpays’ route to the title ran through Johannesburg, where it won the African regional competition, before advancing to the global finals in Geneva.

There, the company progressed through the semi-finals and claimed the grand finale — a first for the continent.

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The company describes the win as bigger than a corporate milestone, calling it a victory for African innovation and proof that technology built to solve local problems can compete, and win, on the world stage.

Nearpays was founded to close a stubborn gap in African payments: small and medium-sized businesses that can’t afford or access traditional point-of-sale terminals.

Cost, availability, and deployment hurdles have kept many merchants — particularly in rural and underserved communities — locked out of digital payments.

Its answer is SoftPOS: an AI-powered platform that turns compatible Android smartphones into payment acceptance devices, letting merchants take contactless card payments with nothing more than their phones. AI is embedded across the platform, supporting payment processing, compliance, fraud detection, and business operations.

Crucially, the platform was built for African infrastructure realities — it works both online and offline, so merchants can keep accepting payments even without internet connectivity.

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The company credited its team’s years of product development and customer engagement for the result, and thanked the UN, the ITU, and the AI for Good initiative for building a platform where innovators can apply AI to real-world problems.

It also said it hopes the win encourages more African founders to build technology that answers local needs while competing internationally.

For Nearpays, the title closes one chapter and opens another, as the company pushes on with expanding digital financial infrastructure across Afric

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