Nigerian armed groups net nearly $6m in ransoms: study
- Abuja (AFP) – Criminal groups in Nigeria raised nearly $6 million in ransom payments in the last year, a report said Wednesday, with two mass kidnappings by Boko Haram responsible for nearly 90 percent of the total.
- Issued on: 26/08/2026 - 23:30Modified: 27/08/2026 - 10:15 2 min Reading time Abductions have become a key moneymaker for criminal groups in Africa's most populous country, especially jihadists and non-ideological armed gangs known as bandits.
- Some 7.78 billion naira in ransom was paid between July 2025 and June 2026, the report, from Lagos-based consultancy SBM Intelligence, said –
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- Abuja (AFP) – Criminal groups in Nigeria raised nearly $6 million in ransom payments in the last year, a report said Wednesday, with two mass kidnappings by Boko Haram responsible for nearly 90 percent of the total.
- Issued on: 26/08/2026 - 23:30Modified: 27/08/2026 - 10:15 2 min Reading time Abductions have become a key moneymaker for criminal groups in Africa's most populous country, especially jihadists and non-ideological armed gangs known as bandits.
- Some 7.78 billion naira in ransom was paid between July 2025 and June 2026, the report, from Lagos-based consultancy SBM Intelligence, said –
Sources: RFI