THE DEFENCE HEADQUARTERS SAYS TROOPS ELIMINATED OVER 100 TERRORISTS, ARRESTED 345 TERRORISTS, AND RESCUED 393 KIDNAPPED VICTIMS IN THE MONTH OF JULY.(PHOTO).

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 The Defence Headquarters says troops eliminated over 100 terrorists, arrested 345 terrorists, and rescued 393 kidnapped victims in the month of July. The Director, Defence Media Operations, Major General Michael Onoja, stated this during the monthly Defence Media Operations briefing at the Defence Headquarters in Abuja. Major General Onoja added that during the period under review, 57 terrorists surrendered, over 1,000 arms and assorted ammunition were recovered, 18 illegal refining sites were destroyed, while 250,500 litres of stolen crude oil and refined petroleum products were recovered. Speaking further, Major General Onoja, on behalf of the Chief of Defence Staff, General Olufemi Oluyede, reaffirmed the Armed Forces' commitment to the protection of lives and property nationwide, and their resolve to ensure that kidnapping, terrorism, secessionist agitation, and other forms of criminality are purged from society.
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GUINEA OPTS OUT OF PLANNED ECOWAS SINGLE CURRENCY, THE ECO. (PHOTO).

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 Guinea opts out of planned ECOWAS single currency, the eco


Guinea says it’s opting out of the ECOWAS single currency.


The 12 member West African economic bloc is set to launch the monetary union and eco currency in July 2027.


Last month ECOWAS said it was leaning towards a phased rollout, with countries meeting convergence criteria such as inflation, debt, and monetary stability joining first.


Guinea is the first member state to announce it will retain its national currency, the Guinean franc.


Analysts say the decision is likely due to fears that joining the monetary union before developing sufficient production capacity could stifle its economy.


The country’s major trade partners also lie outside West Africa, with 80 percent of its exports going to Asia. By tying its currency to neighbouring states, Conakry risks losing certain levers of influence, economist Mohamed Camara told RFI.


The bloc is set to meet again in December to resolve outstanding issues, particularly around the future central bank, decision-making rules, and which countries will adopt the eco first.

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