Geopolitical research firm SBM Intelligence has revealed that Nigeria’s kidnapping crisis worsened between July 2024 and June 2025, as abductors demanded over ₦48 billion in ransom, but victims’ families paid only ₦2.57 billion. The findings, published in the report Economics of Nigeria’s Kidnap Industry, reveal that 4,722 individuals were abducted in 997 separate incidents, resulting in 762 deaths. “Nigeria’s kidnapping crisis has evolved into a lucrative criminal enterprise, with ₦2.56 billion ($1.66 million) confirmed in...

General Christopher Musa, Nigeria’s Chief of Defence Staff (CDS), has disclosed that the federal government has initiated efforts to track and identify those financing terrorism, a threat that has long plagued the nation. The revelation came during an interview with Channels Television on Thursday. General Musa explained that several key agencies, including the Attorney-General of the Federation, the Nigerian Financial Intelligence Unit (NFIU), the Department of State Services (DSS), and the National Intelligence Agency (NIA),...