The Federal Government of Nigeria has released a fresh list of individuals and companies accused of financing terrorism, directing all financial institutions to immediately freeze their accounts and assets.
The updated sanctions list was issued through the Nigeria Sanctions Committee as part of a wider crackdown on financial networks linked to extremist activities.
Among those named are nine individuals allegedly connected to terrorism financing, including Tukur Mamu, alongside Yusuf Ghazali, Muhammad Sani, Abubakar Muhammad, Sallamudeen Hassan, Adamu Ishak, Hassana-Oyiza Isah, Abdulkareem Musa, and Umar Abdullahi.
The government also sanctioned several business entities, including Bureau De Change operators and trading firms accused of facilitating illicit financial flows. These include West & East Africa General Trading Company Limited, Settings Bureau De Change Ltd, G. Side General Enterprises, Desert Exchange Ventures Ltd, Eagle Square General Trading Company Limited, and Alfa Exchange BDC.
Authorities noted that earlier in 2026, additional individuals, such as Simon Ekpa and others, were also designated as terrorism financiers, signalling an expanding enforcement net.
Financial institutions have been mandated to identify and freeze all accounts linked to the listed individuals and entities without delay, in line with anti-terror financing regulations.
The move underscores the government’s intensified efforts to disrupt funding channels for extremist groups and strengthen Nigeria’s financial security framework.
