24 Hrs
Source:
Lebanese Forces
Nigeria Kidnappings Seek $6B Ransom
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The article highlights the phenomenon of kidnapping in Nigeria, which has evolved from petty crimes into an "economy of hostages" generating millions of dollars for armed groups. Between July 2025 and June 2026, 7,825 people were kidnapped, with over 1,142 killed, and confirmed ransom payments reaching approximately $5.8 million. A faction of Boko Haram controls about 90% of the documented ransoms and uses this funding to purchase weapons and expand their areas of influence. The vast forests in the northern parts of the country, particularly in Zamfara, Katsina, and Kaduna, create security vacuums that militants exploit to evade forces, resulting in repeated attacks on villages and towns. In 2026, security forces carried out large-scale rescue operations; however, armed groups continued to launch attacks, especially in the Kanji forests, which are among the most dangerous regions. While 308 hostages were freed, other attacks led to more deaths and detentions, amid increasing security threats ahead of the upcoming elections in January.
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