Tag: SBM Intelligence

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While Nigeria battles insurgency, the rate of kidnapping has equally escalated and turned into a lucrative industry, with abductors getting billions of naira as proceeds yearly. A recent report by SBM Intelligence revealed that between July 2024 and June 2025, kidnappers demanded roughly ₦48 billion as ransom and got ₦2.57 billion, representing 5.35 per cent …

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