In High-risk Counter-terrorism Operation, FG Captures Globally-wanted Al-Qaeda Leaders

*Ribadu attributes success of operation to months of deep surveillance, human intelligence
*Says feat signals beginning of end of impunity for terrorist leaders
*Information minister hails security forces, urges media not to yield front pages to terrorists
*Reiterates Tinubu’s commitment to security

Linus Aleke in Abuja

The National Security Adviser (NSA), Mallam Nuhu Ribadu, yesterday announced major victories in the federal government’s war against terrorism, revealing that the military, in collaboration with operatives of intelligence and other security agencies, has captured two top leaders of Jama’atu Ansarul Muslimina fi-Biladis Sudan, commonly known as Ansaru, Nigeria’s Al-Qaeda affiliate, in what he described as a high-risk, intelligence-led counter-terrorism operation in the country.
Addressing a press conference at the headquarters of the National Counter Terrorism Centre, Office of the National Security Adviser (NCTC-ONSA), Ribadu identified the two senior ANSARU leaders as Mahmud Muhammad Usman, also known as Abu Bara’a, Abbas or Mukhtar, who was identified as the self-styled Emir of Ansaru, and his deputy, Mahmud al-Nigeri, also known as Mallam Mamuda.

The Minister of Information and National Orientation, Mohammed Idris, has applauded the security forces for the remarkable feat, assuring the public of President Bola Tinubu’s determination to guarantee security across the country.
According to Ribadu, the two men had been on Nigeria’s most-wanted list for years and were also internationally wanted.
The NSA noted that the precision operation was the result of months of deep surveillance, human intelligence, and technical tracking, which showed enhanced sophistication and seamless inter-agency synergy.

He described the capture of the two men as the beginning of the end of impunity for terrorist leaders.
An elated Ribadu explained that the suspects were responsible for the 2022 Kuje prison break; the attack on Niger’s uranium facility; the 2013 abduction of French engineer, Francis Collomp, and the May 1, 2019 kidnapping of Alhaji Musa Umar Uba, the Magajin Garin Daura.
“They were also behind the abduction of the Emir of Wawa and they maintain active links with terrorist groups across the Maghreb, particularly in Mali, Niger and Burkina Faso.  The two men, who are wanted internationally, are currently in custody,” Ribadu added.
According to the NSA, the targeted operation was conducted between May and July 2025.
He stated that the capture of the group’s leader, Abu Bara and deputy commander, Mallam Mamuda, was one of the most significant achievements to date in Nigeria’s ongoing efforts to rid the country of terrorism.

Ribadu also said the successful decapitation of the leadership of ANSARU represents the most decisive blow against the deadly group since its inception.
The NSA added that this achievement has effectively dismantled its central command while paving the way for the complete annihilation of the group.
Ribadu said that the self-styled Emir of Ansaru was responsible for masterminding several terrorist attacks against Nigeria in recent years.
He also disclosed that the terrorist leaders orchestrated numerous high-profile kidnappings and armed robberies, which were used to finance terrorism.
Ribadu disclosed that Mahmud al-Nigeri, also known as Mallam Mamuda, was Abu Bara’s proclaimed chief of staff and deputy.
“He is the leader of the so-called ‘Mahmudawa’ cell, hiding in and around the Kainji National Park, which straddles Niger and Kwara States and extends into the Republic of Benin. Mamuda trained in Libya between 2013 and 2015 under foreign jihadist instructors from Egypt, Tunisia, and Algeria, specialising in weapons handling and IED fabrication,” he said.
Ribadu stated that the two men, who had been on Nigeria’s most-wanted list for years, jointly spearheaded multiple attacks on civilians, security forces, and critical infrastructure.

Providing a historical background of the terror group, Ribadu said “the group was first formed in January 2012 with a public declaration in Kano. It emerged as a splinter faction from Boko Haram, positioning itself as a ‘humane alternative’. However, its stated mission quickly shifted to targeting Nigerian security operatives, civilian communities, and government infrastructure.
“The group publicly displayed the setting sun logo of Al-Qaeda in the Islamic Maghreb (AQIM), signalling its ideological and operational alignment with global jihadist movements. Over the years, Ansaru entrenched itself through urban sleeper cells and forest-based enclaves across several cities in northern Nigeria, particularly around Kainji National Park, which spans Niger and Kwara States as well as the Republic of Benin.”

The NSA added that security forces recovered materials and digital evidence during the operation, which he said were undergoing forensic analysis.
“Let me use this opportunity to inform the public that, in the course of the operation, our security forces captured and recovered valuable actionable intelligence.
“These include a cache of materials and digital evidence which are all now undergoing forensic analysis. The findings from the analysis are expected to support our ongoing efforts to exploit this success, bring them to justice, and completely bring them to justice, and completely annihilate the remnants of ANSARU networks and disrupt their foreign collaborators,” the NSA said.

The NSA attributed the success of the operation to months of deep surveillance, human intelligence, and technical tracking.
Ribadu also described the capture of the two men as the beginning of the end of impunity for terrorist leaders, adding that the Nigerian government would continue to pursue extremists with precision, resolve, and unwavering determination.
Ribadu also called on citizens to remain vigilant and provide timely information to authorities.
Meanwhile, the Minister of Information and National Orientation, Idris, applauded the security forces for the remarkable feat.
The minister assured the public of Tinubu’s determination to guarantee security across the federation.

While noting that security is everybody’s business, the minister appealed for public support in the ongoing fight against terrorism in the country.
He applauded the media for their continued support in the fight against violent extremism.
The minister also appealed to media professionals not to yield front pages to terrorists, but treat them as criminals that they are.

He also stressed that those being killed and abducted by terrorists are fathers, mothers, brothers, sisters, and relatives of fellow citizens.

The post In High-risk Counter-terrorism Operation, FG Captures Globally-wanted Al-Qaeda Leaders appeared first on THISDAYLIVE.

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    Addressing Real Issues Behind Unclaimed Dividends in Nigeria’s Capital Market

    Addressing Real Issues Behind Unclaimed Dividends in Nigeria’s Capital Market

    Jonathan Eborah

    Investing in the stock market is a long-term strategy for building wealth. In Nigeria, as in other parts of the world, investors expect to benefit from dividends, capital appreciation, or both. However, the recurring problem of unclaimed dividends has cast a shadow over the credibility of the capital market, with many retail investors expressing frustration at the role of registrars. While these concerns are understandable, blaming registrars exclusively oversimplifies a much broader and more complex issue.

    Unclaimed dividends are a product of systemic challenges, not merely the inefficiencies of registrars. These dividends often remain unclaimed due to various factors, including: Multiple accounts created with different names or pseudonyms; Shareholders’ failure to update bank details or contact information; Estate complications after the death of shareholders; Delays by banks in validating dividend mandates and General investor ignorance about claim procedures.

    Registrars are just one part of a broader value chain that includes stockbrokers, issuing companies, banks, and regulators. Holding them solely responsible ignores the collaborative nature of capital market operations.

    One of the most criticized aspects of the dividend claim process is identity verification. However, registrars have a legal and fiduciary obligation to ensure that payments are made to the rightful owners. This is especially crucial in an environment where identity theft, fraud, and impersonation are real threats.

    Registrars rely on tools such as BVN (Bank Verification Number), NIN (National Identity Number), and signature verification to verify claims. These are not “excuses” but part of risk management and regulatory compliance.

    Contrary to the belief that registrars are resistant to change, many have embraced digital transformation. Several registrars now operate online portals where investors can: Submit e-dividend mandates; View dividend histories; Request revalidation of payments and Update personal data securely.

    The challenge often lies not with the systems, but with incomplete or inconsistent data submitted by shareholders. Additionally, national infrastructure gaps, poor internet access in some regions, and low levels of digital literacy further compound the problem.

    The delay in processing dividend claims is sometimes outside the registrar’s control. For instance: When shareholders provide incorrect or inconsistent data; When banks delay in validating or updating mandates and When investors fail to follow up after initial submission.

    Even in cases where shareholders visit registrar offices, delays may still occur due to missing documentation or legacy issues related to paper-based systems from decades ago.

    While the Securities and Exchange Commission (SEC) has taken steps, such as issuing a circular on unclaimed dividends and establishing the Unclaimed Funds Trust Fund, there may be a need for stronger enforcement and clearer redressal mechanisms.

    Registrars alone cannot enforce policy or penalize non-compliant parties. The SEC must implement: Minimum response time standards for processing complaints; A user-friendly and responsive digital complaint resolution portal; Investor education programs targeted at low-literacy or elderly shareholders; Sanctions for all stakeholders, banks, brokers, and registrars, when they fail to meet expectations. And A unified identity system for the capital market to ease the Know-Your-Customer

    Obligations and reduce the risk of identity theft:

    Investors must also bear some responsibility. Many are unaware of how to complete e-dividend mandates or follow up on their claims. Some hold outdated physical share certificates or have never updated their contact details since purchasing shares/investments decades ago.

    Registrars regularly hold investor clinics together with the SEC, participate in AGMs, and partner with regulators and stockbrokers for sensitization efforts. But participation is often low. Financial literacy must become a national priority if more investors are to enjoy the benefits of capital market participation.

    The unclaimed dividend problem is not limited to Nigeria but exists in developed countries and each country works out how to resolve the challenge. In Nigeria’s capital market, the unclaimed dividend crisis will not be solved by pointing fingers. Registrars are not the enemy; they are facilitators working within a regulatory and operational ecosystem that requires improvement across board. Enhancing automation and promoting investor education will go further in solving the problem than a blame-centered approach.

    For the Nigerian capital market to thrive and regain investor confidence, all stakeholders, regulators, registrars, companies, stockbrokers, and investors must work together in good faith to build a more transparent, inclusive, and responsive system.

    *Jonathan Eborah, the Registrar/Chief Executive, Institute of Capital Markets Registrars, writes from jonathaneborah@yahoo.co.uk

    The post Addressing Real Issues Behind Unclaimed Dividends in Nigeria’s Capital Market appeared first on THISDAYLIVE.

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    Jonathan Eborah Investing in the stock market is a long-term strategy for building wealth. In Nigeria, as in other parts of the world, investors expect to benefit from dividends, capital
    The post Addressing Real Issues Behind Unclaimed Dividends in Nigeria’s Capital Market appeared first on THISDAYLIVE.

    INEC: Over 500,000 Nigerians Pre-register Online for CVR in Five Days

    INEC: Over 500,000 Nigerians Pre-register Online for CVR in Five Days

    Adedayo Akinwale in Abuja 

    The Independent National Electoral Commission (INEC) yesterday, revealed that no fewer than 505,906 eligible Nigerians have pre-registered online for the Continuous Voter Registration (CVR) exercise within just five days.

    The commission described the turnout as a strong indication that Nigerians remain eager to participate in the democratic process.

    The electoral body added that it was impressed by the response of Nigerians who visited the online platform to pre-register.

    INEC Chairman, Prof. Mahmood Yakubu, made this known in Abuja, at the official flag-off of the commission’s nationwide sensitisation campaign aimed at boosting public participation in the voter registration process.

    Yakubu, who was represented by the National Commissioner, May Agbamuche-Mbu said  the commission launched a vibrant roadshow that kicked off at INEC Headquarters in Maitama, passed through Banex Plaza in Wuse, and terminated at the bustling Wuse Market.

    The chairman noted that similar campaigns would be held in states across the nation to further mobilise the public,

    He stated: “As of midnight of August 22, 505,906 citizens have pre-registered. This is a testament that Nigerians believe in our democracy and the effort of the commission to further strengthen the electoral process.”

    Yakubu said the CVR, which commenced with the online phase on August 18, 2025, would transition to the physical registration stage on Monday, August 25, 2025.

    He explained that at that stage, both online pre-registrants and new applicants can complete their registration at designated INEC State and Local Government Area offices, where their biometrics would be captured.

    The chairman emphasised that physical CVR would take place at 811 centres across the country, including all 774 Local Government Area offices and State offices, from 9 a.m. to 3 p.m., Monday to Friday.

    On her part the Director Voter Education and Publicity, Victoria Eta-Messi, expressed the commission’s readiness for the in-person registration across its offices nationwide.

    Her words: “Our offices are ready; we have been planning before now, which is why we took a week between pre-registration and in-person registration commencement.

    “So, everything is on course. From August 25, people will be attended to in our offices nationwide, 36 states and the FCT, and the 774 LGA offices of INEC from 9 am to 3 pm,” she said.

    Meanwhile, the Resident Electoral Commissioner (REC), Malam Aminu  Kasimu Idris, has charged the Commission’s  registration officers to maximise the training opportunity to equip their skills as the Commission expects high work ethics from them as schedule officers for the physical CVR exercise in the FCT. 

    The REC gave this charge yesterday, at the opening ceremony of a 2-day training on CVR for the Commission’s registration officers from the the six Area Councils and Head Office of INEC, FCT. 

    The Commissioner  urged the registration officers to be attentive to help refresh and broaden their knowledge to carry out the national assignment they have been entrusted with in the FCT. 

    Also speaking, the Administrative Secretary,  Mrs. Bimbo Oladunjoye, highlighted the importance of the training organised by the Commission, stressed that efficient use of technology, knowledgeable people and well defined processes are key to the success of the CVR  exercise. She admonished the trainees to develop mindsets to learn, and also to take note of the recent innovations introduced into the CVR technology to enable them efficiently discharge their responsibilities to the people.

    In INEC FCT, 66 Registration Officers were trained for the in- person  CVR exercise billed to start on Monday, 25th August, 2025 at the INEC offices in the six Area Councils and Head Office.

    The post INEC: Over 500,000 Nigerians Pre-register Online for CVR in Five Days appeared first on THISDAYLIVE.

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    Adedayo Akinwale in Abuja  The Independent National Electoral Commission (INEC) yesterday, revealed that no fewer than 505,906 eligible Nigerians have pre-registered online for the Continuous Voter Registration (CVR) exercise within
    The post INEC: Over 500,000 Nigerians Pre-register Online for CVR in Five Days appeared first on THISDAYLIVE.

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