Nigeria To Acquire Forensic And Intelligence Gathering Gadgets To Track Terrorists, Kidnappers

If things go according to plans, Nigerian security agencies will soon be able to rein in Kidnapping, terrorism and other criminal activities ravaging the country.

MMM Nigeria Ponzi Scheme And The Curse of ‘Herd Mentality’

MMM Nigeria

What Is A Ponzi Scheme? Business Dictionary aptly defines a Ponzi scheme as a SCAM in which a GULLIBLE group is enticed with the promise of very high returns in a very short time, but is actually based on paying off the early 'investors' from the cash from (hopefully ever increasing number of) new 'investors.' Investopedia reconciles a Ponzi scheme with a pyramid scheme in that both are based on using new ‘investors' funds to pay earlier participants. Essentially, such schemes are synonymous with ‘’Robbing Peter to Pay Paul’’. A typical Ponzi scheme flops when the cash outflow exceeds the cash inflow. Ponzi scheme is named after Charles Ponzi (1882-1949), an Italian immigrant to the United States who, during 1919-20 collected more than fifteen million dollars from some 40,000 enthusiastic depositors by promising to double their investment in 90 days.

Niger Delta Militants Blow Up Pipeline After VP Osinbajo's Visit

An unidentified militant group in the Niger Delta have blown up a crude oil trunkline in Ughelli, Delta State, barely 24 hours after Vice President Yemi Osinbajo led a Federal Government delegation to the region, the Punch reports.

Abuja Airport Shutdown: Police Deploys 500 Trucks, 3 Helicopters To Secure Kaduna Highway

Nnamdi Azikiwe Int'l Airport Abuja

The Nigeria Police will deploy 500 Hilux trucks to provide security on the Kaduna-Abuja high way following the relocation of air services to Kaduna Airport, the News Agency of Nigeria (NAN) reports.

Nigerian Army To Give N500, 000 Reward For Information on Boko Haram Suicide Bombers

Male Suicide Bomber

According to Daily Trust Newspaper, the Nigerian Army has announced a N500 thousand cash reward to anybody who provides information that brings about the arrest of would be suicide bombers.

BREAKING: Bomb Blast Rocks University of Maiduguri Mosque (Updated)

Scene of a bomb blast

Reports from SaharaReporters says a bomb explosion has rocked a mosque located at University of Maiduguri, Borno state, Northeast Nigeria. The tragic incident occurred Monday morning, January 16, 2017.

Breaking: Two Staff, 3 Students of Turkish International School Kidnapped in Nigeria

Vanguard newspaper reports that five persons, three students and two members of staff of the Turkish International School, Isheri, a border between Lagos and Ogun states were Friday night kidnapped.

Multiple Bomb Blasts By Suspected Boko Haram Terrorists Kill in Adamawa

Daily Trust newspaper reports that three bombs have exploded in Madagali town in the northern part of Adamawa State, killing scores of people.

Nigeria Readies Troops To Oust Gambian President, Yahya Jammeh

Gambian President Yahya Jammeh

Premium Times newspaper reports that the Nigerian Army has raised an army battalion that would be deployed in troubled Gambia to forcefully remove President Yahya Jammeh from power if he fails to step down on January 19, 2017.

BREAKING: Boko Haram Kills two, Abducts School Girls in Fresh Attack on Adamawa

Boko Haram terrorists have  killed two people and abducted three school girls in fresh attack on Adamawa state, reports say.

Two Herdsmen Allegedly Killed In Anambra State

Herdsman

Two persons believed to be herdsmen have been killed at Umuoba-Anam in Anambra East Local Government Area of Anambra State by yet to be identified persons, even as the state police command said six persons arrested over the incident were helping in the investigations.

Niger Delta Revolutionary Crusaders To Resume Attacks on Oil Installations

One of the militant groups in the Niger Delta - the Niger Delta Revolutionary Crusaders, NDRC, has announces resumption of hostilities in the Niger Delta.

Security Alert! Nigerian Army Warns of Boko Haram's New Tactics

The Nigerian army has warned the public on the new tactic that Boko Haram terrorist group has devised - that of attacking private residence of individuals.

Suspected Fulani Herdsmen Slaughter 5 in Delta, 4 Policemen, Others in Adamawa States

Daily Post Newspaper reports that no fewer than five persons have been hacked to death by suspected Fulani herdsmen in two separate attacks in Abraka and Obiaruku, both in Ethiope East and Ukwuani Local Government Area of Delta State.

Niger Delta Avengers Set To Resume Attacks, Declare "Operations Walls of Jericho and Hurricane Joshua”

The High Command of the Niger Delta Avengers (NDA), has announced that the militant group will shock Nigerians with more dastardly acts this year. The threat was contained in a statement signed by the group's spokesperson, Brigadier-General Mudoch Agbinigbo. The NDA said its range of activities designed to reclaim the Niger Delta in 2017 will be carried out under Operations Walls Of Jericho and Hurricane Joshua.