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 …

SBM pays more fines for West African bribery

Switzerland has ordered three SBM subsidiaries to pay 7 million francs ($7.5mn) for failing to prevent bribe paying in Angola, Equatorial Guinea and Nigeria. …

SBM Intelligence : Nigeria to grow by 2.5% in 2022

SBM Intelligence : Nigeria to grow by 2.5% in 2022 SBM Intelligence expects a strong GDP growth in Nigeria in 2022, due to several factors. Fri, 17 Dec 2021 12:00:06 GMT Sign Up for Our...

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SBM Intelligence is Nigeria's leading geopolitical research consultancy. We are particularly strong in the area of primary data gathering, and analyses of data that provides clarity …

HAS NIGERIA BECOME A DUMPING GROUND? – THISDAYLIVE

5 hours agoThe exhaustive report underpinned by research conducted with SBM Intelligence, a Lagos-based think thank showed that the network that weaves insecurity in Nigeria is indeed a complicated one.

SBM pays more fines for West African bribery

Switzerland has ordered three SBM subsidiaries to pay 7 million francs ($7.5mn) for failing to prevent bribe paying in Angola, Equatorial Guinea and Nigeria. The Office of the Attorney General...

Nigeria's leading geopolitical intelligence platform

SBM in the Media; Contact; Search for: Reports 18th April 2023 . Chart of the week: Military (in)discipline. News 18th April 2023 . ... Nigeria's annual inflation rate rose for the third …

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 …

The SBM Jollof Index: A stitch in time saves nine (July 2022)

The SBM Jollof Index is released three times a year, at the end of each of the first three quarters. This quarter's Jollof Index adopts a system thinking approach that enables it to examine the...

SBM Intelligence : Nigeria to grow by 2.5% in 2022

SBM Intelligence expects a strong GDP growth in Nigeria in 2022, due to several factors. SBM Intelligence : Nigeria to grow by 2.5% in 2022 - CNBC Africa Open …

The SBM Jollof Index: A stitch in time saves nine (July 2022)

The average cost of making a pot of jollof rice went up from ₦8,595 to ₦9,311 at the end of Q2 2022, an 8.3% increase. Bauchi had the highest cost at ₦11,600, followed by Wuse II at ₦ ...

Kidnapping is Nigeria's fastest-growing industry

"As at the end of July, 37 hostages had been released for various sums starting from ₦100 million ($230,000) per abductee," according to a report by Lagos-based risk analysis firm, SBM ...

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 ...

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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SBM News - LatestBreaking New Today October 1, 2022 about SBM — NNN. 2023 Election Updates – #NigeriaDecides; Advert; ASUU Strike: Latest ASUU Strike News Update Today; BBC News Today; BDC Exchange Rate – Naira To Dollar, Pounds, Euro; ... Nigeria: insecurity grips the nation's capital ...

Kidnapping is Nigeria's fastest-growing industry

Kidnapping is Nigeria's fastest-growing industry - SBM Intelligence | The Guardian Nigeria News - Nigeria and World News — Features — The Guardian Nigeria News – Nigeria and World News...

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."

2023 Polls: How violence became a factor

3 hours agoHowever, in a report published by a socio-economic research firm, SBM Intelligence, 13 people were said to have been killed during the presidential election while 27 Nigerians were exterminated ...

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 …

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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Please note that this contact forms are not for job applications, please use our careers page here to apply for available positions at SBM Offshore. I have a question about Category …

SBM Offshore subsidiaries ordered to pay $7.6m by Swiss …

Switzerland's top legal authority has ordered three Swiss subsidiaries of the Netherlands-based SBM Offshore to pay a penalty of more than $7 million after failing to take reasonable...

Chinese miners bribe Nigerian militants to access mineral …

2 days ago3. Chinese nationals in the mining sector are allegedly funding Nigerian militant groups to secure access to the country's mineral reserves, a report has said. The Times, a British national ...

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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SBM Offshore's decades-long track record – together with tried and tested technology and an expert workforce – means that we're trusted by clients the world over. And to ensure that we're at the forefront of the energy …

SBM Intelligence : Nigeria to grow by 2.5% in 2022

SBM Intelligence : Nigeria to grow by 2.5% in 2022. SBM Intelligence expects a strong GDP growth in Nigeria in 2022, due to several factors. Fri, 17 Dec 2021 12:00:06 GMT.

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 …

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.

SBM Offshore subsidiaries ordered to pay $7.6m by …

The three subsidiaries SBM Holding Inc. SA, Single Buoy Moorings Inc. and SBM Production Contractors Inc. together form the financial operations centre of the …

Analysis – Nigeria's leading geopolitical …

Nigeria's House of Representatives Deputy Speaker and House Committee on ... Read More. 24th March 2023 / Analysis. Video: What should Tinubu's agenda be? ... SBM Intelligence has continued its collaboration with …