The Federal Government of Nigeria, through the Nigeria Sanctions Committee (NIGSAC), on Saturday released an updated list of individuals and entities allegedly linked to terrorism financing.
The updated sanctions list is part of a crackdown on financial networks supporting extremist groups, particularly following investigations into Bureau De Change (BDC) operators and other entities.
According to reports, the nine individuals primarily associated with these sanctions include:
1.Tukur Mamu (A Kaduna-based publisher previously linked to the 2022 Abuja-Kaduna train attack negotiations)
2.Yusuf Ghazali
3.Muhammad Sani
4.Abubakar Muhammad
5.Sallamudeen Hassan
6.Adamu Ishak
7.Hassana-Oyiza Isah
8.Abdulkareem Musa
9.Umar Abdullahi
Sanctioned Business Entities (BDCs & Firms)
The government also listed six entities involved in these financial activities:
1.West & East Africa General Trading Company Limited
2.Settings Bureau De Change Ltd
G. Side General Enterprises
Desert Exchange Ventures Ltd
2.Eagle Square General Trading Company Limited
3. Alfa Exchange BDC
Earlier in 2026, the Nigerian government also moved to designate other individuals as terrorism financiers, including:
1.Simon Ekpa
2.Godstime Promise Iyare
3.Francis Mmaduabuchi
4.John Onwumere
5.Chikwuka Eze
6.Edwin Chukwuedo
7.Chinwendu Owoh
8.Ginika Orji
9.Awo Uchechukwu
10.Mercy Ebere Ifeoma Ali
The federal government has directed financial institutions to freeze all accounts and assets associated with these individuals and firms.
