The move was part of a wider international crackdown targeting terrorist financing networks across Europe, the Middle East and West Africa.
Nigeria had earlier, on June 18, 2026, added six individuals and one entity to its sanctions list. Those affected include Ibrahim Yakubu Ogirima, Adamu Chiroma, Ibrahim Abubakar, Abdullahi Umar Usman, Babangida Muhammed, Adamu Hammajam, and Abbal Bako & Sons Bureau De Change Limited.
In a statement, the Nigerian Sanctions Committee urged all financial institutions and designated businesses to comply with asset-freezing requirements, submit suspicious transaction reports and notify relevant authorities of any matches.
The committee said terrorists and their financiers would not find a safe haven within Nigeria’s financial system, adding that the sanctions reflected a coordinated effort between Nigeria and international partners to disrupt networks supporting extremist groups.
It said investigations, intelligence gathering and inter-agency assessments provided grounds to believe that the sanctioned individuals and entities had supported or contributed to the activities of Islamic State West Africa Province (ISWAP) and related terrorist networks.
The committee commended the Federal Ministry of Justice of Nigeria, Office of the National Security Adviser of Nigeria, Central Bank of Nigeria, Department of State Services, Economic and Financial Crimes Commission and Nigerian Financial Intelligence Unit for their roles in cutting off terrorist funding channels.
The committee reaffirmed Nigeria’s commitment to working with local and international partners to strengthen financial security and combat terrorism financing.
