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Coup Attempt Rocks Chad

JUST IN: 19 People Killed As Coup Attempt Rocks Chad [DETAILS]

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JUST IN: 19 People Killed As Coup Attempt Rocks Chad [DETAILS]—-Gunmen attempted to storm the presidential complex in Chad’s capital N’Djamena on Wednesday, sparking a battle that left 18 attackers and one security personnel member dead, the government said.

Agence France-Pressse reporters heard gunfire near the site and saw tanks on the street, while security sources reported that armed men had tried to overrun the complex.

The government later said 19 people were killed in the fighting, of which 18 were members of the 24-strong commando unit that launched the assault.

“There were 18 dead and six injured” among the attackers “and we suffered one death and three injured, one of them seriously”, government spokesman and Foreign Minister Abderaman Koulamallah said.

Hours after the shooting, Koulamallah appeared in a video posted to Facebook, surrounded by soldiers and with a gun on his belt, saying “the situation is completely under control … the destabilisation attempt was put down”.

A security source said the attackers were members of the Boko Haram jihadist group, but Koulamallah later said they were “probably not” terrorists, describing them as drunken “Pieds Nickeles” – a reference to a French comic featuring hapless crooks.

He said they attacked four guards before entering the presidential complex, where they were “easily overpowered”, adding the surviving assailants were “completely drugged”.

Wednesday’s events coincided with an official visit by China Foreign Minister Wang Yi to Chad, which recently ended a defence cooperation pact with long-time partner France that had made it a key Western ally in the fight against Islamic militants in West and Central Africa’s troubled Sahel region.

Landlocked Chad is under military rule and faces regular attacks by Boko Haram, especially in the western Lake Chad region that borders Cameroon, Nigeria and Niger.

Several security sources said that an armed commando unit opened fire inside the presidency on Wednesday evening around 7.45pm, before being overrun by the presidential guard.

Chinese Foreign Minister Wang Yi and Chad’s President Mahamat Idriss Deby Itno. Photo: Xinhua

All roads leading to the presidency were blocked and tanks could be seen on the streets, according to an Agence France-Presse reporter at the scene.

As civilians rushed out of the city centre in cars and motorcycles, armed police were seen at several points in the district.

Hours before the shoot-out, China’s Wang met with President Mahamat Idriss Deby Itno and other senior officials.

Deby was in the complex at the time of the attack, according to Koulamallah.

The former French colony hosted France’s last military bases in the region known as the Sahel, but at the end of November, Chad ended defence and security agreements with Paris, calling them “obsolete”.

Around a thousand French military personnel were stationed in the country and are in the process of being withdrawn.

France was previously driven out of three Sahelian countries governed by juntas hostile to Paris – Mali, Burkina Faso and Niger.

Senegal and Ivory Coast have also asked France to vacate military bases on their territory.

The gunfire erupted less than two weeks after Chad held a contested general election that the government hailed as a key step towards ending military rule, but that was marked by low turnout and opposition allegations of fraud.

A call by the opposition for voters to boycott the polls left the field open for candidates aligned with the president, who was brought to power by the military in 2021 and then legitimised in a May presidential election that opposition candidates denounced as fraudulent.

Deby took power after the death of his father, who had ruled the country with an iron fist for three decades.

The desert country is an oil producer but ranked fourth from bottom in the United Nations Human Development Index.

To consolidate his grip on power, Deby has reshuffled the army, historically dominated by the Zaghawas and Gorane, his mother’s ethnic group.

On the diplomatic front, he has sought new strategic partnerships, including with Russia and Hungary.

Additional reporting by Reuters

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Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

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Alpha Morgan Bank Delivers Historic N1.9 billion PBT in First 10 Months of Operations

 

Alpha Morgan Bank has announced a landmark financial performance, recording Profit Before Tax of N1.9 billion in just 10 months of operations, a result that stands as a major milestone in Nigeria’s banking industry and reinforces the Bank’s emergence as one of the country’s most remarkable new-generation financial institutions.

With this performance, Alpha Morgan Bank did not only break-even within an exceptionally short period, but also delivered what is believed to be a record-setting early-profit performance in the Nigerian banking sector, underlining the strength of its strategy, the discipline of its execution and the confidence the market has placed in its business model.

The Bank’s strong debut performance was supported by robust growth across key financial and operating indicators. Highlights of the 10-month financial statement include customer deposit of over ₦103BN, gross earning of ₦13.1 billion, net interest margin of 67%, non-performing loan ratio of 0%.

The performance was driven largely by strong synergy in customer acquisition and branch expansion, a deliberate focus on growth in demand deposits, creation of quality risk assets and balance sheet efficiency. These achievements were further supported by robust operational processes powered by sound technology and systems, management depth and expertise, experience and strategic oversight provided by the Bank’s Board.

Speaking on the performance, the Managing Director, Ade Buraimo, described the result as a significant validation of the Bank’s vision, business model and execution capacity.

“This is more than a financial milestone; it is a strong statement of what is possible when vision, discipline, sound execution, and market opportunity come together. From inception, Alpha Morgan Bank was built to be a commercial bank that is solution-driven and committed to delivering value at scale. To record a PBT of N1.9 billion in our first 10 months of operations is both historic and deeply encouraging. It reflects the dedication of our people, the trust of our customers and the solid foundation we have laid for long-term growth.”

 

 

 

About Alpha Morgan Bank

Alpha Morgan Bank is a customer-centric, innovative, and solutions-driven commercial bank, with a clear commitment to delivering “Satisfying Banking.”

Alpha Morgan Bank commenced operations in March 2025 with the rare distinction of regulatory approval for 14 branches across the country. This early footprint, combined with disciplined market execution, has enabled the Bank to build momentum across key business segments in record time.

Alpha Morgan Bank focuses on:

  • Human-Centred Technology: Digital tools designed for intuitive, everyday relevance and not vanity metrics.
  • Transparent Operations: From pricing to service promises, every process is clear, accountable, and customer friendly.
  • Customer-Centric Innovation: Continuously developing solutions and services driven by customer insights to deliver meaningful value and enhance satisfaction.

More than a financial institution, Alpha Morgan Bank positions itself as a partner in progress. Its vision is to drive possibilities, enable dreams, and reemphasize what it means to experience Satisfying Banking in Nigeria.

More about Alpha Morgan Bank on www.alphamorganbank.com

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BREAKING: PSG Retain Champions League Title After Penalty Shootout Victory Over Arsenal

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BREAKING: PSG Retain Champions League Title After Penalty Shootout Victory Over Arsenal—-French champions edge Gunners 4-3 on penalties in Budapest to secure back-to-back European crowns.

Paris Saint-Germain successfully defended their UEFA Champions League title after defeating Arsenal 4-3 on penalties following a 1-1 draw in the final at Budapest’s Puskás Aréna. PSG became only the second club in the modern Champions League era to retain the trophy in successive seasons.

Arsenal made the perfect start to the final when Kai Havertz fired the Premier League champions into an early lead in the sixth minute, giving Mikel Arteta’s side hope of winning the club’s first-ever Champions League title.

The holders responded in the second half, with Ballon d’Or winner Ousmane Dembélé converting a penalty in the 65th minute after a foul on Khvicha Kvaratskhelia, bringing PSG level and setting up a tense finish.

Neither side could find a winner during the remainder of normal time or extra time, forcing the final into a dramatic penalty shootout. PSG held their nerve from the spot, while Arsenal defender Gabriel missed the decisive penalty, blasting his effort over the crossbar.

The victory caps another remarkable European campaign for Luis Enrique’s side, who reached the final after eliminating FC Bayern Munich in the semi-finals and entered the showpiece as defending champions.

For Arsenal, the defeat is a heartbreaking end to an otherwise historic season. Arteta’s men arrived in Budapest having won their first Premier League title in 22 years and reached their first Champions League final since 2006, but they fell just short of completing a memorable double.

PSG’s triumph further cements their place among Europe’s elite, while Arsenal will be left to reflect on a campaign that brought domestic glory but ended in European heartbreak.

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