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SBM: Nigeria has spent $18.34 million on kidnapping ransom
A report released by SB Morgen (SBM) shows that Nigeria paid at least $18.34 million (N7 billion) as ransom to kidnappers between 2011 and 2020, bringing to light the challenges of insecurity and unemployment in Nigeria. The report titled Nigeria's Kidnap Problem: The Economics of the Kidnap Industry in Nigeria, contained the breakdown of …
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SBM forecasts 2.5% growth rate for Nigeria in full year 2022
We project a 2.0% to 2.5% growth rate for the full year 2022.". SBM Intelligence forecasts that oil prices would hover around $75 – $85 per barrel for much of 2022, despite the continued disruption of economic activities due to COVID-19, adding that an OPEC+ supply increase and faster-than-expected inventory drawdown would be the …
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How Chinese are financing terrorists in Nigeria
Research shared with The Times from SBM Intelligence, a Nigeria-based analytics company, revealed videos on social media, including WhatsApp, of militant leaders boasting that they are so powerful that Chinese workers wishing to operate in their areas must pay them 'rent'. They have taken over swathes of northwest Nigeria, turning the ...
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The SBM Jollof Index: Geopolitics comes for dinner – Nigeria…
In May 2018, the United Nations Food and Agriculture Organisation warned that 12.8 million Nigerians will go into famine between June and August 2021 and a more recent report by the organisation confirms that 19.4 million people in Nigeria will be in a food crisis by August this year.
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Insecurity: N6.5 billion demanded in kidnapping ransoms in Nigeria …
A report on Nigeria's rising insecurity has revealed that between July 2021 and June 2022, no fewer than 3,420 people were abducted across Nigeria, with 564 others killed in violence associated with abductions. This was disclosed by socioeconomic research firm, SBM Intelligence in a report titled "The Economic of Nigeria's Kidnap Industry."
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At least 1,588 people were killed in Nigeria as at Q3 2020 – SBM …
At least 1,588 have been reportedly killed in Nigeria between July to September 2020, according to findings by SBM Intelligence. The findings also revealed that 137 security personnel have been hacked to death within the period under view. According to the findings, the breakdown of people killed by geo-political zones includes; 638 in …
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Insecurity: Nigeria records 10,366 deaths in 2021
Insecurity: Nigeria records 10,366 deaths in 2021 – SBM Intelligence Bunmi Bailey Jan 24, 2022 The number of people killed in Nigeria surged year-on-year by 47 percent to 10,366 in 2021, according to data compiled by SBM Intelligence using multiple sources of which Armed Conflict Location & Event Data Project (ACLED) was one.
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Nigeria at war, SBM report reveals
A damning report on the carnage of bloodletting across the country this year was, yesterday, released by SB Morgen (SBM) Intelligence, which stated that at least 964 officers of the Nigeria Police Force (NPF) and the Nigerian military were killed in combatant attacks in 2021. Giving breakdown of the casualties, it stated that 985 security ...
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Insecurity: Nigeria records 10,366 deaths in 2021
The number of people killed in Nigeria surged year-on-year by 47 percent to 10,366 in 2021, according to data compiled by SBM Intelligence using multiple sources of which Armed Conflict Location & Event Data Project (ACLED) was one.. The Africa-focused geopolitical research firm noted that civilians formed the bulk of the casualties, but the …
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The SBM Jollof Index: Geopolitics comes for dinner – Nigeria…
In May 2018, the United Nations Food and Agriculture Organisation warned that 12.8 million Nigerians will go into famine between June and August 2021 and a more recent report by the organisation confirms that 19.4 million people in Nigeria will be in a food crisis by August this year. The policy responses have been slow and sometimes comical.
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