The United States government has designated a Nigerian citizen and three Nigeria-based companies for their alleged involvement in a financial network linked to the Islamic State of Iraq and Syria (ISIS).
The action was announced by the US Department of State as part of a wider crackdown targeting individuals and entities accused of facilitating the movement of funds for the terrorist group across multiple regions, including Europe, the Middle East and West Africa.
In a statement, US Department of State spokesperson Thomas Pigott said the latest sanctions target a network allegedly used by ISIS to transfer money across international borders.
“Today’s designations target three individuals and six entities operating across Europe, the Middle East, and West Africa who have enabled ISIS to move money across borders, exposing a network that spans from France and Syria to Türkiye and Nigeria,” Pigott stated.
Among those sanctioned is Nigerian national Mukhtar Adamu Muhammad, who was identified by US authorities as being linked to ISIS-West Africa. The designation places him on the Specially Designated Global Terrorist (SDGT) list.
Three Nigerian companies were also named in the sanctions. They include Generation Currency Bureau De Change Limited, Lagos; Manhattan Bureau De Change Limited, Kano; and Nine to Nine Exchange Bureau De Change Limited, Ikeja, Lagos.
According to US authorities, the companies are allegedly connected to financial transactions associated with Mukhtar Adamu Muhammad and the broader ISIS network.
The sanctions announcement also included two other individuals — Abdelhakim Boukich, a Dutch-Syrian national, and Miloud Abderrahmane, a French citizen — as well as three foreign entities operating in Türkiye and Syria.
US officials said the targeted network was involved in facilitating the transfer of funds across multiple jurisdictions, helping ISIS maintain financial operations despite international counterterrorism efforts.
Pigott reaffirmed Washington’s commitment to combating terrorism financing worldwide.
“We will continue to use every diplomatic and legal tool available to hold ISIS and its supporters accountable, wherever they operate and however they move money,” he said.
He added that the United States remains committed to working with international partners to counter terrorism, protect vulnerable communities and eliminate threats posed by ISIS to global security.
The designations were issued under Executive Order 13224, as amended, a legal framework used by the US government to impose sanctions on individuals and organisations linked to terrorism.
ISIS has been listed by the United States as a Specially Designated Global Terrorist organisation since 2004.
