
Nigerians Paid N2.56 Billion In Ransoms To Kidnappers In One Year
Nigeria’s kidnap-for-ransom economy has hit record levels, with citizens paying at least N2.56 billion between July 2024 and June 2025 to secure the release of abducted relatives and community members. This marks a sharp 144% year-on-year increase compared to N1.05 billion paid in the same period of the previous year. According to SBM Intelligence’s latest…