Kidnapping for Ransom in Nigeria

in Business Risk

According to crisis management firm red24, there are over 1,000 cases of kidnapping for ransom that takes place in Nigeria each year.

It was previously reported that the average ransom paid out for the hostages was $50,000 in 2012. The kidnappers in Nigeria usually demand $500,000 as an opening figure.

(All kidnapping for ransom intelligence.)

Source:  “Proof of life: Behind the hostage industry,” News.com.au, September 11, 2013.

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