Nigeria

[Brief] Nigeria's President Orders 80% Salary Increase for Junior Soldiers

[Brief] Nigeria’s President Orders 80% Salary Increase for Junior Soldiers [Core Summary] Nigerian President Bola Tinubu announced on August 5 an 80% salary increase for junior soldiers to address recruitment and retention crises in the security forces. The move comes as the military fights on multiple fronts against Boko Haram, ISIS West Africa branch, and other armed groups. Event Details According to BBC reports, President Tinubu announced the decision at a military conference in Abuja. The salary adjustment will benefit approximately 60,000 junior soldiers, with estimated annual fiscal expenditure increasing by about $150 million. The president stated: “Our soldiers risk their lives protecting the country; they deserve compensation matching their sacrifice.” ...

IMF Warns Nigeria Stablecoin Adoption Testing Monetary Framework Limits

The IMF warns that stablecoin adoption in Nigeria is testing monetary and regulatory framework limits, cautioning that digital dollarization risks could undermine monetary policy sovereignty in emerging economies.

Nigeria Opposition Shake-up: Obi and Kwankwaso Join NDC to Challenge President Tinubu

Two of Nigeria’s most prominent opposition figures, Peter Obi and Rabiu Kwankwaso, have left the ADC to join the Nigeria Democratic Congress in a bid to consolidate forces against President Tinubu in next year’s election

Nigeria Plans to Repatriate Nationals From South Africa After AntiMigrant Attacks

Nigeria announces plans to repatriate citizens willing to leave South Africa following a wave of violent antiimmigrant protests across the country

Nigeria Summons South African Envoy Over Anti-Migrant Violence Against Its Nationals

At least two Nigerians and four Ethiopians killed in recent anti-migrant protests in South Africa; Nigeria to formally summon South African envoy to express ‘profound concern’.

Nigeria Summons South African Envoy Over Xenophobic Attacks on Migrants

Nigeria to formally summon South African diplomat over recent anti-migrant violence and attacks on Nigerian citizens in South Africa.

Nigeria Summons South African Envoy Over Deadly Anti-Migrant Attacks

Nigeria’s foreign ministry announces it will formally summon South Africa’s envoy on Monday to express ‘profound concern’ over recent violence targeting Nigerian citizens, warning the incidents could affect bilateral relations.

IS Claims Responsibility for Nigeria Attack That Killed 29 in Village Massacre

At least 29 people killed in armed attack on a village in Nigeria’s north-eastern Adamawa state. The Islamic State group (IS) has claimed responsibility. Militants opened fire at random on a football pitch before burning houses and places of worship.

Gunmen Attack Orphanage in North-Central Nigeria, Abducting 23 Children

Armed gunmen attacked an orphanage in Kaduna State, Nigeria, abducting 23 children; 15 have been safely rescued.