Bandits raid Kwara community, kill 35

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Camp, Immigration facilities, Bandits

No fewer than 35 residents have been killed after bandits struck in Woro Village, Kaiama Local Government Area of Kwara State. It was gathered that the bandits also set ablaze homes and shops during the attack on Tuesday night. Confirming the incident on Wednesday, February 4, 2026, the lawmaker representing Kaiama in the Kwara State House of Assembly, Saidu Ahmed, said...

Police arrest 26 for desertification in Yobe

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The Yobe State Police Command has arrested 26 men for alleged illegal tree felling and activities linked to desertification in Garaji village, Tarmuwa Local Government Area. Security sources said the suspects, all residents of Damaturu LGA, reportedly entered the bush on February 2, 2026, and cut down a large number of trees without authorisation from local authorities, in violation of...

NIS rescues 59 women, children from trafficking attempt in Borno

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The Nigeria Immigration Service (NIS) has rescued 59 women and children from a suspected human trafficking operation along the border in Borno State. Borno State Comptroller of Immigration, Muktari Tanimu Musa, disclosed on Tuesday in Maiduguri that the victims were intercepted at Ngamboru, a border town near Cameroon, while allegedly being moved from Katsina State to N’Djamena, Chad. Musa said the...

Immigration officer shoots Nigerien national dead at Katsina border

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A Nigerien national has died after he was allegedly shot by an officer of the Nigeria Immigration Service at the Burdugu border checkpoint in Baure Local Government Area of Katsina State. Sources said the incident occurred around 11:00 a.m. on February 3, 2026, when Inspector Tijjani Mai Kaho attempted to stop a motorcycle rider, identified as 30-year-old Dari Bace Bace...

Troops exploit airstrike site in Borno

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Troops of the 21 Special Armoured Brigade under Operation Hadin Kai have neutralised a terrorist and destroyed several hideouts and logistics structures during a follow-up operation at Chonogolo Kura in Borno State. The action came after an airstrike targeting suspected terrorist enclaves in the area at about 10:40 a.m. on February 3. Security sources said ground troops moved in around 12:45...

How Sahel-linked terror networks are spreading into Kwara’s border communities

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At least 35 people have been killed in a deadly attack on Woro village in Kaiama Local Government Area of Kwara State, in what security analysts describe as a growing spread of Sahel-linked terrorist networks into Nigeria’s North-Central region. The lawmaker representing Kaiama in the Kwara State House of Assembly, Saidu Baba Ahmed, confirmed the death toll on Wednesday, adding...

Oil prices rise after US shoots down Iranian drone

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Iraq, OPEC+, Japan, Trump, Iran, Oil

Oil prices climbed about 2% on Tuesday, February 3, 2026, after the United States military shot down an Iranian drone and armed boats approached a U.S.-flagged vessel in the Strait of Hormuz. The development raised concerns that talks aimed at de-escalating United States-Iran tensions could be disrupted. Brent futures rose $1.03, or 1.6%, to settle at $67.33 per barrel, while U.S....

US deploys troops to Nigeria after December airstrikes

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The United States has deployed a small team of troops to Nigeria, marking its first confirmed ground presence since conducting airstrikes against terrorist targets in the country on Christmas Day 2025. The deployment follows December strikes ordered by US President Donald Trump on what he described as Islamic State-linked targets. At the time, Trump signalled that further military action in...

FG to deduct N3.6trn from FAAC to fund power subsidies

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Adelabu, Power infrastructure, Vandalism

The Federal Government has proposed deducting N3.6tn from the Federation Account between 2026 and 2028 to finance electricity subsidies, shifting the cost burden from the centre to all tiers of government. According to the Medium-Term Expenditure Framework and Fiscal Strategy Paper (MTEF-FSP) revealed that N1.2trn will be deducted annually for three years and transferred directly to the Nigerian Bulk Electricity...

Stock market extends bullish run as investors gain N332bn

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Sell-offs, UCAP, Seplat, Investors, MTN, Stock market

The Nigerian stock market extended its gain on Tuesday, February 3, 2026, adding N332 billion to investors’ portfolios. This was primarily driven by sustained interest in stocks such as Austinlaz, Industrial and Medical Gases, Union Dicon Salt, Zichis Agro Allied Industries, RT Briscoe, and 30 other equities. The market capitalisation, which opened at N106.162 trillion, closed at N106.494 trillion, recording a...