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Military rescues another Chibok Girl, Sarah Luka, kills 37 boko haram members

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Another chibok schoolgirl has been rescued, the army announced last night.

Army spokesman Col. Usman Sani Kukasheka broke the news. He said her name is Sarah Luka, who is believed to be the daughter of Pastor Luka, one of the parents of the missing girls.

Col. Kukasheka said last night that the girl is number 157 on the list of the 219 Chibok girls in captivity.

She was a Junior Secondary School 1 pupil  at the time of her abduction.

A statement signed by  Col. Kukasheka said: “At about 11.00am yesterday, Thursday, 19th May 2016, troops of 231 Battalion, 331 Artillery Regiment (AR), Detachment of Armed Forces Special Forces (AFSF) 2, Explosive Ordinance (EOD) Team and Civilian Vigilante group of Buratai, conducted clearance operations at Shettima Aboh, Hong and Biladdili general area in Damboa Local Government Area of Borno State.

“During the operations, the troops killed 35 Boko Haram terrorists and recovered several arms and ammunitions and other items. In addition, they rescued 97 women and children held captives by the Boko Haram terrorists.

“We are glad to state that among those rescued is a girl believed to be one of the   Chibok Government Secondary School girls that were abducted on 14th April 2014 by the Boko Haram terrorists.

“Her name is  Miss  Serah Luka, who is number 157 on the list of the abducted school girls. She is believed to be the daughter of Pastor Luka.

“During debriefing the girl revealed that she was a JSS1 student of the school  at the time they were abducted.

“She further added that she hails from Madagali, Adamawa State. She averred that she reported at the school barely two months and one week before her unfortunate abduction along with other girls over two years ago.

“She added that there other three girls who fled from Shettima Aboh when the troops invaded the area earlier today which led  to their rescue.

“She is presently receiving medical attention at the medical facility of Abogo Largema Cantonment, Biu, Borno State.”

The rescue of another of the 219 girls abducted by Boko Haram insurgents on April 14, 2014 in Chibok, Borno State came amid the excitement of the return of Amina Ali, who yesterday visited President Muhammadu Buhari at the Villa in Abuja.

There are now 217 girls in Boko Haram’s captivity.

President Buhari promised that everything will be done to ensure that Amina goes back to school.

Besides, his administration will ensure that she gets the best medical, emotional and other care towards her full recovery and re-integration into the society.

The President spoke at the Presidential Villa when he received Amina in his office.

Amina, her baby, her mother and her brother, were led to the Villa by Borno State Governor Kashim Shettima at about 2.46 p.m..

The governor, the girl and  her baby were taken to the President’s office by Chief of Staff Abba Kyari.

Amina and her baby were dressed in hijab and were shielded from reporters by security officials.

The Army on Wednesday confirmed Amina’s rescue. She is the first of the 219 schoolgirls to reunite with her family.

She was with the man who put her in the family way, Hayatu Mohammaed, a Boko Haram chieftain.

They were rescued by troops and Civilian Joint Task Force (JTF) members at Baale community near Damboa in Borno State. Amina was identified as one of the missing schoolgirls by a vigilante.

After being medically examined at the military’s medical facility in Damboa, Amina and her baby were flown in an Air Force helicopter to the Borno Governor’s Lodge in Maiduguri on Wednesday.

Yesterday’s occasion was also an opportunity for Defence Minister Mansur Dan Ali to review the military’s performance so far in the campaign against Boko Haram. He said 69 soldiers had been killed in action.

Buhari said: “Like others all over the world, I’m delighted that Amina Ali, one of the missing Chibok girls, has regained her freedom. But my feelings are tinged with deep sadness on the horrors the girl has had to go through at such an early stage in her life.

“Although we cannot do anything to reverse the horrors of her past, the Federal Government can and will do everything possible to ensure that the rest of her life takes a completely different course.

“Amina will get the best care that the Nigerian government can afford. We will ensure that she gets the best medical, emotional and whatever care that she requires to get full recovery and be integrated into the society.

“Yesterday, medical personnel from government and NGOs examined her for about five hours. Trauma experts from UNICEF also met her. The Federal Government will assist the Murtala Mohammed Foundation, which has already been providing support for the families of the missing Chibok girls and which runs a truama and counselling facility in Kano. It will also be involved in the ongoing work with Amina in monitoring her progress and any additional support she requires.

“The continuation of Amina’s education so abruptly disrupted will definitely be a propriety of the Federal Government. Amina must be able to go back to school. Nobody in Nigeria should be put through the brutality of forced marriage. Every girl has a right to education and their choice of life,” he added.

He promised that his administration will continue to do whatever it can to rescue the Chibok girls who are still in Boko Haram’s captivity.

“Amina’s rescue gives us new hope and offers a unique opportunity to vital information,” he said.

Borno State Governor Kashim Shettima noted that Buhari’s patience, persistence, perseverance and doggedness for the restoration of peace in the northeast had started to yield dividends.

He said: “We have to put things in proper perspective;  one year ago, nobody could venture out of Maiduguri beyond 15 kilometers. Maiduguri was on the verge of falling into the hands of demented monsters called Boko Haram. We were under seige, until God in His infinite mercies intervened with your emergence as president.

The abduction of the Chibok girls was the point the world woke up from her slumber, when the conscience of the world got pricked.

“We have to thank you for your efforts in the Northeast.

“With mixed feelings, with happiness mixed with sadness because 218 girls are not accounted for, but a journey of a thousand miles starts with a single step, the recovery of Amina Ali, is a sign of greater things to come as our gallant troops engage in the counter insurgency operations, especially in the Sambisa and the shores of the Lake Chad,” he said.

“Also the Defence Minister, Mansur Dan Ali, noted that what is being celebrated with the rescue of Amina is Buhari’s political commitment and support, which gave a major boost to the success of the fight against terrorism.”

He said that the change of military leadership at the inception of Buhari’s administration injected new ideas and vigour into the military operation.

He added: “Consequently sir, the Armed Forces of Nigeria achieved tremendous success by ensuring the safety of lives and properties and protection of territorial integrity of our country.

“This Operation Crackdown is an offensive operation within Operation Lafia Dole, which started on the 28th of April. It was aimed at clearing Sambisa forest, the haven of Boko Haram terrorists. In that operation, we have been able to clear a lot of villages; 20 villages have been cleared in the last 22 days of this operation.

“We have also rescued over 150 in this operation since it started, among which we separated our Chibok girl, Amina Ali. The officers and men of the Armed Forces have actually been involved in this operation.

“In these 22 days, we have lost about seven soldiers, three due to enemy action and IEDs, one accidental during clearing of IEDs, and three as a result of road traffic accidents.

“We have also had some troops injured and they are responding to treatment. We have counted close to about 69 killed in action and we have also captured equipment and also bombed some of their own platform,” he stated.

Amina’s mother said the rescued girl and her brother were the only surviving children out of 14 that she had.

 

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.

The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.

Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.

Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

 

Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.

 

The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.

 

Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.

 

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

 

The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.

 

Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.

 

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

 

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Alpha Morgan to Host 19th Economic Review Webinar

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Alpha Morgan to Host 19th Economic Review Webinar

 

In an economy shaped by constant shifts, the edge often belongs to those with the right information.

 

 

On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.

 

 

The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.

 

 

With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.

 

 

Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19

It is a bi-monthly platform that is open to the public and is held virtually.

 

 

Visit www.alphamorganbank to know more.

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GTBank Launches Quick Airtime Loan at 2.95%

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GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

GTBank Launches Quick Airtime Loan at 2.95%

 

Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.

 

In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.

For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.

Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”

Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.

With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank

Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.

About HabariPay

HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:

GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com

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