The Nigeria Financial Intelligence Unit (NFIU) has revealed that terrorist organizations in Nigeria are being funded through global crowdfunding, online transactions, and even sports betting. The NFIU identified several groups, including Boko Haram, ISWAP, the Indigenous People of Biafra (IPOB), bandits, and other similar organizations, involved in this activity. According to the NFIU, it received a report identifying a network of IPOB affiliates across 22 countries. The report shows how IPOB and Eastern Security Network (ESN) received funds through affiliates in 22 countries that registered at least 27 entities under the group’s name. The NFIU disclosed that seven of the registrations were made in the United States, while six were in the United Kingdom. It added that IPOB raised over $160,000 through crowdfunding, which was then funneled to transmission, media, and broadcasting companies in Bulgaria, South Africa, and the UK. The report further stated that the group has several bank accounts in different countries where funds are received from various contributors. The accounts have different narrations, including “monthly dues,” “services,” and “for ESN,” among others, which are later disbursed for various operations. Additionally, the organization revealed that a betting platform filed a suspicious transaction report on a 24-year-old Nigerian customer from North-Central Nigeria, who received over N350,000 in his betting wallet. The NFIU believes that this amount was ransom money from a kidnapping. The NFIU also exposed a terrorist who attempted to evade being detected. The individual made structured cash withdrawals from different ATMs and purchased flight tickets to high-risk areas using credit cards. Whenever the individual exceeded his withdrawal limit, he would adopt alternative methods of travel. The terrorist then attempted suspicious transfers exceeding €1,000 to a local charity with potential links to terrorism. These transactions, along with others for luxury goods and escort services, raised red flags.