The attackers threw improvised explosive devices (IEDs) on houses and other structures in the village while people were asleep, thereby killing and injuring scores of people, said a security source.
Adamu Izge, a resident of the village, said his father-in-law was also killed by the ruthless attackers while narrating the ordeal of the villagers in the night attack.
Some other villagers were burnt beyond recognition, the resident said.
Borno state, one of the three northeastern states in Nigeria under an emergency rule, is the headquarters of Boko Haram, a sect which has killed thousands of local and foreign citizens in its four-and-half years of insurgency in the West African country.
Last year, the US government named Boko Haram and Ansaru, a splinter group, as foreign terrorist groups, with an aim to join the Nigerian government to curtail the activities of the sect.