
Crime
Terrorists using dead persons’ accounts, crowdfunding – Report

This is as the agency said terrorist financiers were opening bank accounts in women’s names as well as using phone numbers for mobile banking or account alerts that are not registered to the account holder or the true beneficiary.
The disclosures are contained in the NFIU’s 2025 Annual Report, obtained by The PUNCH from a top official.
According to the report, the crowdfunding scheme involves foreign-based facilitators using social media platforms to solicit donations under the guise of humanitarian relief or educational support, before moving the funds through multiple layers to terrorist operatives in Nigeria.
The NFIU said hundreds of sympathisers were typically encouraged to make relatively small donations, ranging from $50 to $500, through PayPal pages or conventional bank accounts, with the amounts deliberately kept low enough to evade automated anti-money laundering alerts.
“The following is a case study on Crowdfunding Network identified during the year: A foreign-based facilitator runs social-media campaigns claiming humanitarian relief or educational support and uses encrypted apps (Telegram, Signal) to share links to convincing PayPal pages or standard bank accounts.
“Hundreds of sympathiser donors contribute $50–$500 each, amounts small enough to avoid most automated AML alerts,” the report read.
The funds are subsequently pooled into a “master account” controlled by a senior member of the group living legally abroad.
“When the pool reaches a threshold, that account becomes the hub for onward movement,” the report stated.
The NFIU said the funds were then fragmented into dozens of smaller payments and transferred through International Money Transfer Operators and remittance applications to a network of money mules in Nigeria.
It identified students, small-business owners and relatives among those used as mules, noting that the strategy was designed to avoid reporting thresholds and obscure the origin and destination of the funds.
“Rather than sending one large transfer, the senior member fractures the funds and sends dozens of sub-threshold payments through IMTOs and remittance apps to a network of money mules in Nigeria; students, small-business owners, or relatives, avoiding reporting triggers.
“Upon receipt, the money was either converted to cash, used to purchase dual-use items such as motorcycles, fertilisers and satellite internet equipment, or transferred through mobile banking channels to logistics managers and field operatives,” it added.
The report described the final stage as the “integration” of the funds into terrorist operational financing.
The Unit also identified the use of gender-based proxy accounts as another emerging terrorist financing technique, with terrorists opening bank accounts in women’s names while male commanders or logistics managers secretly control them.
“Terrorist financiers are opening bank accounts in women’s names while male commanders and logistics managers secretly control them.
“They exploit cultural norms that make women less likely to be suspected by authorities, using wives, sisters, or female associates as fronts to distance illicit funds from the true operatives.
“This tactic functions as identity laundering: women’s accounts are managed by men who hold ATM cards, mobile-banking credentials, and PINs, while the women often remain unaware of the transactions and volumes,” the report stated.
The report further revealed that terrorist facilitators were using telephone numbers that were not registered to the account holders or actual beneficiaries for mobile banking and transaction alerts.
It said pre-registered SIM cards, numbers registered to deceased persons and SIMs linked to gender-based proxies were being used to break the connection between bank accounts, SIM cards and Bank Verification Numbers.
“Terrorist facilitators use phone numbers for mobile banking or account alerts that are not registered to the account holder or the true beneficiary.
“They bypass the security link between SIM cards and BVNs by using pre-registered SIMs, SIMs registered to deceased people, or SIMs tied to gender-based proxies. This severs the audit trail: when a transaction is flagged, investigators trace the phone to an unrelated person, letting the real facilitator stay anonymous and continue operations,” it stated.
The NFIU also uncovered sophisticated methods of disguising terrorist transactions through detailed or coded narrations.
It said cells, particularly those linked to the Islamic State West Africa Province, used precise transaction descriptions to maintain what analysts described as an internal accounting system.
According to the report, frequent logistics-related payments with detailed narrations were often sent from a single source to multiple recipients, reflecting a structured financial system within the terrorist network.
“Terrorist cells, particularly those linked to ISWAP, routinely use precise, professional-sounding transaction narrations to maintain internal accounting. Operating like “shadow states” with strict bureaucratic controls, they require detailed descriptions so field commanders can justify expenses to central financial controllers. Although truthful narrations appear counterintuitive, they create an internal audit trail; analysts repeatedly observe high-frequency, logistics-related payments with accurate narrations sent from a single source to multiple recipients,” the report said.
However, the NFIU said some facilitators used innocuous words, secret codes and alphanumeric strings in transaction descriptions, sometimes switching between languages, to conceal the purpose of payments and evade automated bank filters.
“Transaction descriptions employ innocuous words, secret codes, or alphanumeric strings to conceal intent. Facilitators use this coded language, often switching languages to evade banks’ automated keyword filters that flag terms like ‘Jihad,’ ‘Arms,’ or ‘Boko.’
“This practice obscures the true purpose of transfers, preventing detection and enabling continued financing,” it said.
The NFIU said its risk and crime analysis during the year identified an increasingly interconnected threat landscape involving financial crime, technology and cross-border activity.
It noted that fraud remained a dominant predicate offence, with growing cases of Ponzi schemes, fraudulent crowdfunding arrangements, cryptocurrency-enabled investment scams and hacking-related fraud.
The Unit said the schemes increasingly exploited fintech onboarding gaps, including tiered accounts requiring minimal identification, while digital platforms were used to rapidly recruit victims and move funds.
The report also highlighted persistent vulnerabilities in public sector financial management, including the diversion of state and local government funds through accounts belonging to finance officers and associated third parties.
It identified procurement processes and cash transactions as significant risk areas, saying the latter complicated audit trails and efforts to trace illicit assets.
The NFIU said its findings were translated into targeted advisories, executive alerts and strategic intelligence products to support competent authorities, reporting entities and policy responses.
Crime
Gumi: Bandits Say They Cannot Stop Killing Over Fear Of Being Killed

Islamic cleric, Sheikh Ahmad Gumi, has said some bandits he engaged with claimed they could not abandon their violent activities because they feared being killed if they surrendered or gave up their weapons.
Gumi said the armed men described the persistent attacks as a cycle of revenge, alleging that military operations and killings in their communities had fuelled their resolve to continue attacking.
According to the cleric, some of the bandits admitted that the bloodshed had become excessive but insisted they felt compelled to sustain the violence in retaliation for attacks against their communities.
“One of the bandits was telling us the bloodshed is too much,” Gumi said.
He added, “They, too, are not happy. And they say they are forced to do it.”
Gumi made the remarks during an interview on PAPShow, published on October 29, with excerpts from the conversation circulating widely on social media on Tuesday.
Explaining the grievances of the armed groups, the cleric said they accused security forces and local vigilantes of killing women and children during operations initially aimed at tackling cattle rustling.
He said the bandits questioned the killing of civilians in their communities and viewed such incidents as justification for retaliatory attacks.
“But why did they kill their women and children? Why are they killing their women and children? Why are the vigilantes arresting them and killing them? Why?” he quoted the bandits as asking.
Gumi said the armed men believed the situation had degenerated into a cycle of violence characterised by revenge, attacks and counterattacks.
“So, they feel it’s a field of blood, revenge, attack and counterattack,” he said.
The cleric called for negotiations to end the killings, arguing that religious leaders should help create an avenue for dialogue between the parties.
“So, we, as clergy, our own duty is to look at how to stop it. Let’s stop the bloodshed. Let’s come to the table,” he said.
Asked why the bandits could not abandon their activities, Gumi attributed their reluctance to fears that they would be killed if they surrendered.
“Because they thought they were killed. So, we need to reaffirm to them, to put confidence in them that they will not be killed,” he said.
The cleric also alleged that financial sponsorship and rivalry among armed groups were contributing to the proliferation of sophisticated weapons.
Asked whether individuals were financing the bandits, Gumi said such a possibility could not be ruled out.
“It’s possible now. You know, it’s possible now,” he said.
He explained that rival groups were acquiring more powerful weapons to outmatch and intimidate one another, creating what he described as an arms race.
“They buy more weapons because there’s an arms race between them. You know, there are different groups.
“There’s an arms race. So, this den has more machine guns than this one. So, they should fear them,” he said.
On the source of the firearms, Gumi claimed that the armed groups obtained weapons through illegal markets, where buyers could access them if they had the money.
“Well, it’s a black market, like drugs. It’s a black market. If you just have the money, you get them,” he said.
Gumi further alleged that foreign intelligence agencies were involved in supplying weapons to armed groups operating in Nigeria, although he did not provide evidence to substantiate the claim.
“Foreign intelligence definitely have a hand in it,” he said.
Asked whether foreign countries could be supplying weapons to Nigerian bandits and terrorists, the cleric said it was possible, suggesting that countries with strategic interests in Nigeria could be involved.
“It’s possible,” he replied.
Crime
Businessman Loses $6,000 to Fake Dollar Dealers as Police Uncover Printing Factory

…Ondo State Police Arrest Suspect, Recover Three Bags of Fake Dollar Notes
Men of the Ondo State Police Command have uncovered a suspected counterfeit United States dollar printing factory in Kiniso Village, via Ajue, Odigbo Local Government Area, arresting one suspect and recovering three bags of suspected fake dollar notes.
The operation followed a complaint by a businessman, Yusuf Nasiru, from Sabo, Okitipupa, who allegedly lost $6,000, equivalent to about N8.6 million, to two men in a fraudulent foreign exchange transaction.
The suspects reportedly approached Nasiru for a currency exchange transaction but allegedly returned counterfeit dollar notes to him.
According to Nasiru, the incident occurred on October 25, 2026, when two men, identified as Peter Desmond and Olami Toro, visited his shop and requested to exchange United States dollars for their naira equivalent.
He said he handed over $6,000 to the men but they later returned the money, claiming they did not have enough funds to complete the transaction, before leaving.
Nasiru said he subsequently discovered that the dollar notes returned to him were counterfeit and reported the incident to the police on October 28.
The State Police Public Relations Officer, Abayomi Jimoh, who confirmed the arrest and discovery of the suspected printing factory, said detectives immediately commenced an investigation following the complaint.
Jimoh said operatives from the Okitipupa Divisional Police Headquarters launched an investigation, while intelligence gathering and technical tracking led them to Kiniso Village, where one of the suspects was traced.
He disclosed that police operatives raided the suspected hideout on October 29 following intelligence provided by members of the community.
However, some occupants reportedly escaped through the perimeter fence during the operation.
A search of the premises led to the recovery of three bags containing suspected counterfeit United States dollar notes and a small wooden box believed to be connected to the alleged illegal printing operation.
The arrested suspect, whose identity was not disclosed, reportedly provided useful information to assist the ongoing investigation.
The police spokesman said the command had ordered an intensified investigation to apprehend other members of the suspected criminal network and establish the full extent of its operations.
He reiterated the command’s commitment to bringing all those found culpable to justice and warned members of the public against engaging in suspicious foreign exchange transactions with unverified individuals.
Jimoh also advised residents to authenticate foreign currencies before accepting them and report suspicious activities to the nearest police station.
Crime
End Of The Road: Kidnapper Arrested While Collecting ₦200,000 Ransom

Troops of the Nigerian Army, in collaboration with operatives of the Department of State Services (DSS), have arrested a suspected kidnapper while attempting to collect a ₦200,000 ransom from a female resident of Nasarawa State.
The suspect, identified as Mukaila Iliyasu, was apprehended at Akwaba in Eggon Local Government Area of the state during a joint intelligence-led operation involving troops of Sector 2, Joint Task Force Operation Whirl Stroke, and DSS operatives.
The arrest followed intelligence reports that the suspect had allegedly threatened to abduct a woman unless she paid him ₦200,000.
The Acting Media Information Officer of Operation Whirl Stroke, Lieutenant Ahmad Zubairu Zubairu, disclosed this in a statement.
According to the statement, DSS operatives alerted the military to the threat on October 29, prompting the deployment of security personnel to track down the suspect and prevent the planned abduction.
In a coordinated operation, a soldier reportedly went undercover and posed as the person assigned to deliver the ransom.
The suspect was subsequently arrested while collecting the money, with operatives recovering the sum of ₦200,000 believed to be the ransom demanded from the intended victim.
The military described the operation as a successful intelligence-driven intervention that prevented a possible kidnapping and demonstrated the effectiveness of inter-agency collaboration in tackling criminal activities.
Following his arrest, Iliyasu was handed over to the DSS for further investigation and possible prosecution.
The Force Commander of Operation Whirl Stroke and General Officer Commanding, 5 Division of the Nigerian Army, Major General Moses Kolo Gara, commended the troops and DSS operatives for their professionalism, courage and effective coordination.
Gara urged security personnel to sustain their collaboration and strengthen intelligence sharing to combat kidnapping and other security threats across their areas of responsibility.
He also emphasised the importance of continued cooperation among security agencies in protecting lives, securing communities and maintaining peace in the region.
Crime
Police Arrest Pastor, Accomplice Over Alleged Car Theft in Abuja

The Federal Capital Territory (FCT) Police Command has arrested a Benue-based pastor, Edwin Nwabueze, and his alleged accomplice, Sadiq Jamiu, in connection with the theft of a Toyota Camry in Abuja.
The vehicle was reportedly stolen at UTC Plaza in Garki, prompting a police investigation that led to the arrest of Nwabueze at his residence on October 27, 2026.
In a statement issued on Friday, the FCT Police Public Relations Officer, Josephine Adeh, disclosed that Nwabueze identified himself as a pastor with Salvation Power Bible Ministry in the North Bank area of Benue State.
The suspect, who hails from Oji River Local Government Area of Enugu State, reportedly led police operatives to another location where Jamiu was subsequently arrested.
According to the police, preliminary investigations revealed that Nwabueze had previously been arrested by the Benue State Police Command in connection with vehicle theft cases.
The command further alleged that both suspects belonged to an interstate car theft syndicate specialising in stealing and selling vehicles across different states.
Police authorities said investigations were ongoing to uncover the full extent of the syndicate’s activities and track down other members currently at large.
The suspects remain in police custody and are expected to be charged in court upon the conclusion of investigations.
Crime
Businessman’s Suspected Suicide: Family Alleges Foul Play, Demands Autopsy

The family of a 46-year-old Ondo State businessman, Kayode Akinbolusere, popularly known as Tolufe, has raised suspicions over the circumstances surrounding his death, calling on security agencies to investigate claims that he may have been forced to record a farewell video before his demise.
Akinbolusere, who owned Esther Estate in Ondo State, was reportedly found dead in his office in Igba on Thursday after allegedly ingesting a poisonous substance.
Before his death, the businessman reportedly recorded a video in which he reflected on his personal struggles, acknowledged his wife’s support over the years and expressed his intention to leave his properties to her and their three children residing in Canada.
In the footage, which subsequently circulated on social media, Akinbolusere maintained that he was making the declaration voluntarily and had not been pressured by anyone.
He recalled starting his business from scratch and praised his wife, Esther, for standing by him during difficult times, particularly when he worked as a barber.
However, the deceased’s uncle, Femi Akinbolusere, has questioned the circumstances surrounding the recording, suggesting that his nephew’s statements and mannerisms raised serious concerns.
Speaking with newsmen, Femi wondered why the businessman repeatedly spoke about surrendering his properties, alleging that he might have been acting under duress.
He urged investigators to critically examine the footage to establish whether another person was present or exerting pressure on the deceased.
The grieving uncle further demanded an autopsy to determine the actual cause of death, insisting that the family deserved answers.
According to him, the circumstances surrounding the incident were too suspicious to be dismissed without a comprehensive investigation.
He also called on the police to question individuals who might have information about the businessman’s final moments, including his wife.
Police Recover Suspected Poison Bottles, Rule Out Visible Signs of Violence
Meanwhile, the Ondo State Police Command has confirmed that an investigation has commenced into the incident.
In a statement issued on Friday, the command’s spokesperson, Abayomi Jimoh, disclosed that the businessman, a resident of Road 7, Housing Estate, Igba, was discovered dead in his office beside BOVAS Petrol Station at approximately 3 p.m. on Thursday.
According to the police, operatives from the Bolorunduro Division visited the scene following a report of the incident and recovered two empty bottles suspected to have contained Sniper insecticide from a nearby bush.
The command also acknowledged the existence of the viral video in which the deceased reportedly lamented his personal difficulties.
Police said his remains had been evacuated to the State Hospital Morgue for preservation and further examination.
Although preliminary examination revealed no visible injuries or signs of violence on his body, the command maintained that investigations were ongoing.
The family’s allegations of possible coercion have not been independently established, while the precise circumstances surrounding Akinbolusere’s death remain under investigation.
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