LAGOS, Nigeria: A Boko Haram faction with ties to Daesh and responsible for the kidnapping of a Nigerian oil prospecting team which led to at least 37 people being killed has become a deadly force capable of carrying out highly-organized attacks.
Nigerian government forces have focused on crushing the best-known branch of the militant group whose leader Abubakar Shekau has led an eight-year insurgency in the northeast, which has killed thousands.
But while Nigeria has claimed the capture of Shekau’s main base in the Sambisa forest and freed many of more than 200 schoolgirls abducted by his faction in April 2014 in Chibok town, a rival wing has developed the capacity to carry out attacks on a larger scale.
At least 37 people, including members of the team, rescuers from the military and vigilantes, died last week when security forces tried to free those being held by the Boko Haram faction led by Abu Musab Al-Barnawi who is trying to thwart government efforts to explore for oil in the Lake Chad Basin.
That wing is “much better organized than the Shekau faction,” which typically stages suicide bombings in mosques and markets, said Malte Liewerscheidt, senior Africa analyst at Verisk Maplecroft consultancy group.
“The Shekau faction does not seem to have a clear ideology or any strategy,” said Liewerscheidt. That makes it easier for Al-Barnawi’s faction to recruit whereas Shekau’s faction was not trusted by locals, he said.
And despite the assessment that it is less organized, Shekau’s faction has stepped up suicide bombings in the last few weeks, killing at least 113 people since June 1, according to a Reuters tally.
The combined attacks by the two wings marks a resurgence by the group, months after President Muhammadu Buhari’s announcement in December 2016 that Boko Haram’s stronghold in the Sambisa forest had been captured.
Boko Haram, which has killed more than 20,000 people and forced some 2.7 million to flee their homes since 2009, split last year.
The division led by Shekau, Boko Haram’s most recognizable figure known for videos taunting Nigerian authorities circulated on social media, operates in the northeastern Sambisa forest and usually deploys girls as suicide bombers.
Al-Barnawi
But, since Daesh named Al-Barnawi as Boko Haram’s leader in August 2016 after the west African militants pledged allegiance the previous year, his Lake Chad-based faction has been moving fighters and ammunition across porous borders in northeast Nigeria, Cameroon, Niger and Chad.
The head of a private Nigerian security firm, who did not want to be named, said Al-Barnawi’s Daesh affiliation meant his wing benefits from sub-Saharan trade routes to ship weapons from lawless Libya where Daesh is active.
His group has been planning a larger scale attack for some time, said a Western diplomat, speaking anonymously.
Boko Haram launched two attacks in June — the most prolonged raid on the northeastern city of Maiduguri in 18 months and an attack on a police convoy — which were more ambitious than routine suicide attacks. Shekau’s faction is widely believed to have its hands in the two attacks.
Buhari has repeatedly said the insurgents are on the verge of defeat since the army, helped by neighboring countries, wrested back most of the land in Nigeria’s northeast, an area the size of Belgium, that the militants took in early 2015.
But security experts say the territorial gain has given a false impression because much of the liberated areas beyond main roads patrolled by the army remain no-go areas where displaced people cannot return to farm.
“While insurgent-held territory has been recaptured, this was conflated with a military victory,” said Ryan Cummings, director of Africa-focused risk management company Signal Risk.
“All that has happened is that Boko Haram has reverted to the asymmetrical armed campaign it had waged for the seven out of the eight years of its armed campaign against the Nigerian state,” he said.
The military has been forced to concentrate forces around Maiduguri, capital of the insurgency’s birthplace, Borno state, where Shekau’s faction has stepped up suicide bombings, which now occur on a near-daily basis.
Ransom money
A security analyst said Shekau’s wing used ransom money paid by the government to free Chibok girls to buy weapons and recruit fighters — the attacks stepped up after a deal was brokered in May to free 82 of them.
The return of experienced commanders freed in exchange for the girls had also bolstered his group, said the analyst, who asked not to be named. “The fact that they were held for some time suggests they were serious players,” he said.
Acting-President Yemi Osinbajo, in power while Buhari takes medical leave in Britain for an unspecified ailment, responded to the oil team’s abduction and frequent attacks by ordering military chiefs to “scale up their efforts” in Borno, according to a statement.
The military said armed forces chiefs relocated to Maiduguri on Aug. 1. “This move and action are expected to give impetus to the military effort,” it said, without elaborating. The theater army commander is already based in the city.
New Boko Haram faction marks resurgence in militancy
New Boko Haram faction marks resurgence in militancy
Musk, already world’s richest person, eyes $1 trillion fortune
- Musk topped the Forbes World’s Billionaires list for the second consecutive year
- He is the first person ever to surpass the $800 billion mark
NEW YORK: Elon Musk’s estimated $839 billion net worth has made him the wealthiest individual ever recorded, Forbes said Tuesday, as billionaires worldwide saw their combined fortunes surge in the past year to an all-time high of $20.1 trillion.
Musk topped the Forbes World’s Billionaires list for the second consecutive year after his fortune swelled by roughly $500 billion over the past twelve months, driven by rising valuations at Tesla and SpaceX, which is targeting a public offering in 2026.
He is the first person ever to surpass the $800 billion mark and is on course to become the world’s first trillionaire.
Musk’s monumental jump in wealth reflects a rollercoaster 2025 for Tesla that saw the electric vehicle maker’s stock price tumble through the spring amid consumer boycotts over the billionaire’s backing of Donald Trump and other far-right politicians.
But Tesla shares rebounded in the second half of 2025 after Musk exited his Trump administration role and have remained lofty. The Forbes list is based on valuations as of March 1, 2026.
Tesla champions believe the company is poised for stratospheric growth because of Musk’s access to cutting-edge technology in autonomous driving and artificial intelligence.
While Musk remains a polarizing figure with the general public, Tesla shareholders have consistently backed the billionaire.
In a November vote, shareholders endorsed a pay package worth up to $1 trillion if Tesla meets production and valuation targets, lifting Musk’s share of the company to about 25 percent.
Musk had suggested he could exit Tesla absent the package, saying ahead of the vote that he wanted a large enough stake to have a “strong influence” over the company as he builds a “robot army.”
Musk has said that less than 0.1 percent of his wealth is in cash.
David Kirsch at the University of Maryland said estimates of Musk’s wealth are inevitably “highly speculative” because a large share depends on equity assets whose valuations depend on whether anticipated growth pans out.
“If you were to measure the actual assets, it wouldn’t be $800 bn. It might be a third of that, which would still be more than the next person,” said Kirsch who characterized Musk’s fortune as “staggering” and “kind of unreal.”
- More billionaires -
Musk’s fortune amounts to more than three times that of the next names on Forbes’ billionaire list, which has grown to a record 3,428 individuals and is heavily populated at the top by other tech titans.
The cofounders of Google, Larry Page ($257 billion) and Sergey Brin ($237 billion) ranked second and third.
Amazon founder Jeff Bezos ranked fourth with $224 billion, while Meta CEO Mark Zuckerberg was fifth at $222 billion.
The current list has around 400 more billionaires than the 2025 Forbes compilation, a bounty propelled by a stock market surge due partly to bullishness about AI.
Trump moved up to 645th place from 700 a year ago. Forbes estimated Trump’s fortune at $6.5 billion, up $1.4 billion.
Major drivers of the US president’s rising wealth include hundreds of millions in wealth tied to cryptocurrencies he has promoted. Trump also benefited after a New York appeals court threw out a civil penalty of $518 million in a fraud case.
“Donald Trump’s second term as president has so far paid off handsomely for the billionaire head of state,” Forbes said.
“Whether striking deals in the Middle East, shilling his crypto coins or hosting luminaries at his properties, Trump has proven that he and his family are very much still in business.”









