Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    October 23, 2026

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    October 23, 2026

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    October 23, 2026
    Facebook X (Twitter) Instagram
    Trending
    • FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
    • XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
    • UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
    • Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
    • CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
    • Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
    • XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
    • Global Equities Markets Tank on AI Sustainability, Financing Fears
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Saturday, October 24
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketNews » Air Strikes Destroy Bomb Factory in Borno

    Air Strikes Destroy Bomb Factory in Borno

    Marketforces AfricaBy Marketforces AfricaAugust 8, 2024 MarketNews No Comments2 Mins Read
    Air Strikes Destroy Bomb Factory in Borno
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Air Strikes Destroy Bomb Factory in Borno

    The Nigerian Air Force (NAF) says the Air Component of Operation Hadin Kai has destroyed terrorists’ Improvised Explosive Devices (IED) factory at Grazah, a location deep in the Mandara Hills in Borno.

    This is contained in a statement by the Director, Public Relations and Information, NAF, AVM Edward Gabkwet, on Thursday in Abuja. Gebkwet said that the air interdiction was sequel to the recent attacks on innocent civilians in the state using IEDs and suicide bombers.

    He said air strikes were conducted on Aug. 2, following an intelligence which revealed the sighting of a possible IED factory and storage area for other logistics. According to him, for some time now, this IED factory was suspected to have been relocated, first from Gwoza to Timbuktu Triangle in Sambisa Forest and finally berthing at Grazah in the Mandara Hills.

    “Frequent relocation of IED factories has been attributed to the enormous fire power on the terrorists’ enclaves by the combined efforts of the entire security apparatus of the theatre of operation.

    “The IED factory location at Grazah had been under surveillance for weeks with various installations observed and activities of armed terrorists in the area found to be consistent with those protecting a strategic location.

    “Additionally, two gun trucks were sighted tucked under a large tree near the suspected IED factory.

    “These findings thus necessitated the need for an air strike on the location in order to destroy the suspected IED factory and neutralise the terrorists,’’ he said.

    Gabkwet said the targets were acquired and effectively destroyed, adding that the thick cloud of smoke that followed the air strikes confirmed the destruction of the IED factory and the gun trucks. Yusuf Engages Business Community to Combat Post-Curfew Inflation

    Banks CBN FGN Investors Naira NGX Nigeria Nigerian Stock Exchange
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn

    CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria

    Oil Prices Jump on Heightened Supply Risk, Brent Tops $114

    Add A Comment

    Comments are closed.

    Editors Picks

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    October 23, 2026

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    October 23, 2026

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    October 23, 2026

    Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn

    October 23, 2026

    CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria

    October 23, 2026
    Latest Posts

    FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares

    October 23, 2026

    XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.

    October 23, 2026

    UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s

    October 23, 2026

    Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn

    October 23, 2026

    CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria

    October 23, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.