📢 Insecurity Update in Nigeria: End of Month Report – May 2024 On May 25, 2024, in Unguwar Lamido, Guga Ward, Bakori LGA, Katsina State, there were two tragic incidents. Eight individuals were killed, and 26 were kidnapped in a single day. In a separate location, Gidan Kare near Lamido, 26 people were killed, with …
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ECONOMIC UPDATE: END MAY 2024 REPORT Inflation in Nigeria continued to rise, impacting the cost of living and increasing economic pressure on households. The rising inflation rate has been a significant concern for many Nigerians as it erodes purchasing power and affects daily life. Additionally, Nigeria is facing a foreign exchange rate crisis. This situation …
NIGERIA SECURITY UPDATE – MAY 2024 In May 2024, Nigeria experienced significant security incidents highlighting the critical need for intensified efforts across the country. In Tsafe, Zamfara State, bandits invaded a market resulting in over three fatalities and this signifies continuous security challenges in the region. The market invasion in Tsafe not only caused three …
Insecurity Update: Nigeria – April 2024 The month of April 2024 has seen a continuation and escalation of insecurity issues across various regions in Nigeria. This report consolidates recent incidents of violence including killings, abductions, and military engagements, providing an overview of the gravity and spread of security challenges currently facing the nation. Major Incidents: …
Security Update: Nigeria April 2024 🔴 Plateau State: Bokkos & Mangu LGAs: Tragic incidents on April 12 saw 10 lives lost as gunmen targeted Mandung-Mushu and Kopnanle villages. Properties were destroyed and residents killed under the cover of darkness. Military Response: The Nigerian Army has addressed allegations of misconduct, denying claims that troops shot civilians. …
Nigeria’s Economic Pulse – March 2024 Update 🇳🇬💹 📉 Exchange Rate Evolution: A significant turn as the Naira witnesses a depreciation against the US dollar, roughly around 41% in the official market, and about 30% in parallel markets. This reflects the depth of the exchange rate adjustments as part of broader reforms. 📈 Inflation Insights: …
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Security Update: Nigeria – Government Actions and Observations on Recent Improvements April 2024 saw distressing security incidents in Nigeria, but also steps by the government towards mitigation and improvement in the nation’s security and economic landscape. Government’s Response to Kogi State Violence: Following the devastating attack in Agojeju Odo and Abejukolo, Kogi State, where …
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Security Update: NIGERIA Recent Developments In a significant and positive development, the children abducted from a school in Kuriga, Nigeria, have been freed. This resolution marks a critical moment in the ongoing efforts to address the security challenges plaguing the nation, particularly the disturbing trend of mass abductions targeting educational institutions. Incident Overview The abduction, …
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Nigeria’s Economic Update Nigeria’s economic scene in 2024 continues to capture the attention of both local and global observers. Amidst a backdrop of challenges, including a persistent shortage of foreign currency liquidity that has seen the Naira experience significant fluctuations against major currencies, there emerges a narrative of resilience and strategic intervention. The exchange rate …
