NFIU Reveals Terrorism Financing Via Betting Platforms, Crowdfunding
The Nigerian Financial Intelligence Unit (NFIU) has revealed the alleged financing of terrorist groups in Nigeria like the Indigenous People of Biafra (IPOB), bandits and other similar groups. This revelation was contained in a newsletter which stated that these groups receive funds via sports betting platforms and crowdfunding. The newsletter reads, “Nigeria, Africa’s most populous country has faced significant challenges related to terrorism financing, particularly due to the activities of Boko Haram and other extremist groups operating within its borders.

