Terrorists now using dead people’s SIM cards to raise funds – NFIU

The Nigerian Financial Intelligence Unit, NFIU, has disclosed that terrorists and extremist groups are presently utilizing the SIM cards of dormant radical to rise illicit funds for their transgression activities.

This is contained successful the agency’s 2026 Annual study released connected Monday.

The NFIU arsenic stated that violent financiers were besides opening slope accounts successful women’s names and utilizing telephone numbers for mobile banking oregon relationship alerts that were not registered to the relationship holders oregon existent beneficiaries.

The agency’s study showed that the crowdfunding schemes progressive foreign-based facilitators utilizing societal media platforms to solicit donations nether the guise of humanitarian alleviation oregon acquisition enactment earlier moving the funds done aggregate layers to violent operatives successful Nigeria.

According to the report, hundreds of sympathisers were encouraged to marque contributions ranging from $50 to $500 done PayPal pages oregon accepted slope accounts, with the amounts deliberately kept debased to debar triggering automated anti-money laundering alerts.

The agency, portion explaining the method, revealed that foreign-based facilitators ran societal media campaigns seeking donations for purported humanitarian oregon acquisition causes and utilized encrypted messaging applications to administer links to outgo pages and slope accounts.

It further indicated that the funds were...