The exploitation of faith and religion for financial gain, coercion, and abuse has become a significant governance and social concern in Nigeria. Religious exploitation thrives in Nigeria because weak regulatory systems, economic vulnerability, and unchecked charismatic authority converge to create an accountability vacuum. In this environment, faith functions not only as a spiritual resource but also as an economic and psychological instrument that can be misused. While religion continues to serve as a powerful force for moral guidance, charity, and community cohesion, institutional fragility has enabled certain actors to weaponise belief for financial advantage, coercion, and, in some cases, criminal abuse.