Lagos — Nigeria’s central bank warned its employees to take extra precautions against kidnappings because of deteriorating security in the West African nation.

The Central Bank of Nigeria said in a memorandum to employees that staff should “take note of the elevated security alert condition around the country”. Intelligence gathered by the organisation’s security service department shows criminals plan to “infiltrate” the capital, Abuja, and other major cities to abduct people “for ransom or as recruits for terrorism”, it said in document circulated April 28...

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