A new report by SBM Intelligence reveals kidnappers in Nigeria collected N7.779 billion in ransom payments between July 2025 and June 2026. This amount represents 34 percent of the N22.856 billion demanded from victims during the same period. The collection rate signifies a dramatic increase compared to the 5.35 percent recorded in the previous year. This surge indicates a growing effectiveness of criminal groups in securing funds through abductions. The report highlights a worsening security situation regarding kidnapping across the country. Authorities are facing increasing pressure to address the escalating crisis and protect citizens from these criminal activities. The findings underscore the significant financial implications and human cost of the rampant kidnapping problem in Nigeria.