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1,627 Terrorists Surrender In Three Weeks As Soldiers Kill 98

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The Defence Headquarters, on Thursday, said no fewer than 1,627 terrorists surrendered to troops in the last three weeks, adding that a total of 53,262 have surrendered so far.

It also said troops rescued 63 civilians held captive by the terrorists and killed 98 terrorists, bandits, and other economic saboteurs during operations across the country.

The director of Defence Media Operations, Major General Bernard Onyeuko, disclosed this during a biweekly update on the Armed Forces of Nigeria between April 28 – May 19, 2022.

He also said 17 illegal refining sites were discovered and deactivated.

He said, “Between 1 – 14 May 2022 a total of 1,627 Boko Haram terrorists and their families surrendered to our troops at different locations. They comprised 331 men, 441 women, and 855 children.

“As of 16 May 2022, a total of 53,262 have so far surrendered.

“Also, troops of Operation Hadin Kai, on 13 May 2022, acting on the intelligent report, arrested Mallam Modu Goni, a terrorist and logistics supplier at Bunin Yadi Market.

“Also on 17 May 2022, troops arrested Mallam Modu Pantami at the outskirt of Benishied village in the Kaga local government area while attempting to transport a large quantity of logistics items he purchased for onward supply to terrorists at Gomari village in the Fere local government area of Borno State.

“Items recovered from him included: two mobile phones, cartons of assorted drugs and injections of different types, five gallons of PMS, 20 turban scarfs, 50kg bags of sugar, three bags of 50kg flour, five cartons of Maltina drinks, 290 sets of female hijabs, 20 female rubber shoes, 325 liters of red oil, 15 sets of Kaftan cloth.

“Troops, during the ambush at a terrorists’ crossing point at Kaidieri village, killed five terrorists and captured assorted weapons and different calibers of ammunition. Consequently, during these operations, troops rescued 63 civilians, neutralized 42 terrorists, and arrested 20 terrorists. Items recovered included: two LMGS, 21 AK47 rifles, 11 AK 56 rifles, 22 MGs, 419 rounds of 7.62mm and 54mm ammunition, one gun turret, 31 AK 47 magazines, three motorcycles, six bicycles, one pumping machine, two bandolier belts containing 377 rounds of 7.62mm and 54mm ammunition, and one Isuzu vehicle.”

Relatedly, troops of Operation Delta Safe in the period under review discovered and destroyed 17 illegal refineries, five wooden boats, 89 storage tanks, 59 ovens, and 12 dugout pits.

The troops also recovered six pumping machines, five trucks, two outboard engines, two weapons, 778,500 liters of crude oil, 840,300 liters of AGO, 625 liters of DPK, and arrested 18 criminals.

Furthermore, troops deployed for operation Dakatar da Barawo in the period under review discovered and destroyed 150 illegal refineries, 59 ovens, 67 metal storage tanks, and four wooden Cotonou boats.

“Cumulatively, the operations led to the recovery of one Yamaha engine, one generator, three pumping machines, 20,000 liters of kerosene, 1,625,000 liters of AGO, 2,050,000 liters of crude oil.”

In a similar vein, troops in Operation Whirl Stroke neutralized 13 bandits and recovered 27 rounds of 7.62mm ammunition, one motorcycle, and 8 phones.

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New Secondary School Curriculum To Include Journalism, Programming Modules [SEE FULL LIST]

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Nigeria’s new secondary school curriculum will introduce modules on journalism, programming, artificial intelligence (AI), robotics, and fact-checking, according to details released on Wednesday.

Dada Olusegun, senior special adviser to the president on social media, shared excerpts of the yet-to-be-unveiled curriculum document via his verified social media handle.

The new curriculum, which applies to both junior and senior secondary schools, is part of government efforts to modernise education and align learning with global digital and professional trends.

Breakdown of the curriculum

According to the document, journalism will now be taught under English Language at the senior secondary level, while programming is spread across both junior and senior cadres.

Digital literacy has also been expanded to include artificial intelligence and robotics in senior classes.

For junior secondary school (JSS 1–3), subjects include:

  1. Mathematics & Measurement (covering algebra, geometry, statistics, and more)
  2. English Language (essay writing, grammar, comprehension, oral skills)
  3. Integrated Science (physics, chemistry, biology, earth science, lab safety)
  4. Digital Literacy & Coding (Word, Excel, PowerPoint, Python basics, Scratch, robotics kits)
  5. Social Studies (history, geography, civics, economy, entrepreneurship basics, global issues)
  6. Languages (mother tongue, French/Arabic)
  7. Creative Arts (drama, crafts, music, film basics)
  8. Physical & Health Education (fitness, nutrition, reproductive health, drug abuse awareness).

For senior secondary school (SS 1–3), highlights include:

  1. English & Communication (academic writing, journalism, fact-checking, public speaking)
  2. Technology & Innovation (Python, JavaScript, HTML/CSS, data science, AI & robotics, cybersecurity)
  3. Research & Project Work (final-year project, data collection, presentation & defence)
  4. Social Sciences (economics, government, history, philosophy, entrepreneurship).

Focus on digital and practical skills

The curriculum also introduces modules on digital entrepreneurship, cybersecurity, media production, and mental health awareness.

Officials say the new subjects are designed to equip students with both academic and practical skills needed to navigate the evolving global economy.

The Federal Ministry of Education is expected to formally launch the curriculum in the coming weeks.

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Fidelity, Sterling, Other Tier-2 Banks Under Pressure As CBN’s 2026 Recapitalisation Deadline Looms — SBM Report

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Nigeria’s mid-tier lenders are under mounting pressure to scale up operations or face mergers as the Central Bank of Nigeria (CBN) enforces its 2026 recapitalisation programme, a new report has revealed.

The report, released by SBM Intelligence and titled “Capital, Competition, and Consolidation: How Nigeria’s Tier-2 banks are responding to the CBN’s 2026 recapitalisation order,” examined the financial health and capital-raising efforts of First City Monument Bank (FCMB), Fidelity Bank, Stanbic IBTC, Sterling Bank, and Wema Bank.

In March 2024, the CBN directed banks to increase their minimum capital base by 2026. Under the new rule, international banks must raise ₦500 billion, national banks ₦200 billion, and regional banks ₦50 billion. The apex bank said the measure will boost financial stability and prepare lenders to support the government’s ambition of building a $1 trillion economy.

Share price rally

The SBM report highlighted how some tier-2 banks have outperformed expectations in recent years. Fidelity Bank’s share price rose from ₦1.65 in 2020 to over ₦21.20 by mid-2025, representing more than 1,100 percent growth. Wema Bank also recorded a surge from ₦1.50 to nearly ₦15.00 over the same period.

FCMB and Sterling Bank posted steady gains, while Stanbic IBTC maintained resilience despite macroeconomic volatility.

Capital-raising strategies

To meet the recapitalisation target, FCMB has embarked on a three-phase plan to raise ₦400 billion through public offers, divestments in subsidiaries, and offshore placements. Fidelity Bank has already secured over ₦270 billion from an oversubscribed rights issue and public offer, with plans to complete the process ahead of schedule.

Sterling Financial Holdings is pursuing a mix of rights issues, private placements, and a $400 million public offering, while Wema Bank has combined a ₦150 billion rights issue with a ₦50 billion private placement after an earlier ₦40 billion issue in 2023.

Mergers expected

SBM predicted that consolidation in the banking sector will intensify as the 2026 deadline approaches, with mergers and alliances likely among mid-tier lenders.

“The financial performance of these banks in 2025 underscores their capacity to compete and thrive, even as Tier-1 institutions consolidate their dominance,” the report noted.

It added that the ability of tier-2 banks to adapt to regulatory demands, strengthen technology adoption, and implement bold capital strategies will determine their future in Nigeria’s evolving financial sector.

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UBA, Mastercard Launch Prepaid Card To Promote Financial Inclusion

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, in collaboration with Mastercard, Tuesday announced the launch of the Mastercard prepaid card to further accelerate financial inclusion and expand access to digital payment solutions across Africa.

The card, which does not require a traditional bank account, is designed to serve individuals who have historically lacked access to formal financial services, particularly young adults, gig workers, and low-income earners. It enables users to top up funds easily, transact both locally and internationally, and manage spending with flexibility and security.

With more than 28.9 million adults in Nigeria remaining unbanked, and digital-first tools increasingly demanded by youth and freelancers, the prepaid card directly addresses pressing gaps in the financial ecosystem.

Mastercard’s Country Manager, West Africa, Dr Folasade Femi-Lawal and Group Head, Retail & Digital Banking, United Bank for Africa (UBA), Shamsideen Fashola, during the the launch of the Mastercard Prepaid Card to further accelerate financial inclusion and expand access to digital payment solutions across Africa, held at the Bank’s headquarters in Lagos on Monday.

Group Head, Retail & Digital Banking, United Bank for Africa (UBA), Shamsideen Fashola, who noted this is a demonstration of the bank’s customer-first approach, stated that the bank is committed to ensuring that every Nigerian is banked and gets the best service.

“This collaboration with Mastercard is yet another demonstration of our customer-first approach. We are committed to providing practical solutions that meet the everyday needs of Nigerians, and this card will make payments simpler, safer, and accessible to all”

Mastercard’s Country Manager, West Africa, Dr Folasade Femi-Lawal, said: “At Mastercard, we are relentlessly committed to advancing financial inclusion through innovative and secure digital payment solutions that serve both banked and unbanked Nigerians. Collaborating with UBA enables us to unlock endless possibilities by connecting individuals across all income levels, demographics, and social strata. Together, we are empowering Nigerians with the tools they need to confidently participate in the global economy and shape a more inclusive digital future.”

The prepaid card offers distinct benefits for different user groups. Cardholders can use it as a convenient budgeting tool; freelancers and gig workers gain a flexible expense solution; and the unbanked are empowered through a secure, reloadable allowance card. The product is globally accepted and supported by Mastercard’s trusted infrastructure, providing users with peace of mind and seamless digital payment experiences.

This collaboration aims to pave the way for a more inclusive and sustainable financial future in Africa, by striving to break down long-standing barriers, enable underserved communities, and advance economic growth.

United Bank for Africa (UBA) Plc is a leading pan-African financial institution, offering banking services to more than 45 million customers across 20 African countries, as well as in the United Kingdom, the United States, France, and the United Arab Emirates. With a strong focus on innovation, financial inclusion, and customer service, UBA provides retail, commercial, and institutional banking solutions, empowering individuals, businesses, and governments through cutting-edge digital platforms and inclusive financial products.

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we’re building a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

www.mastercard.com

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