Kidnappers Extort N7.78bn as Boko Haram Dominates
Kidnapping syndicates extorted N7.78 billion in cash payments across Nigeria between July 2025 and June 2026, according to a report by SBM Intelligence. The Lagos-based geopolitical research consultancy documented 1,713 separate kidnap incidents involving 7,825 victims within the twelve-month cycle. Total ransom payments more than tripled from the N2.56 billion recorded in the previous annual…