Nigeria expands list to target ISWAP financiers, welcomes US OFAC designations

The Nigeria Sanctions Committee has welcomed the United States Office of Foreign Assets Control’s (OFAC) recent move to include Mukthar Muhammad Adamu and two bureau de change firms — Nine to Nine BDC and Generation BDC Limited — on its sanctions list, the committee said.
The additions follow a broader update to Nigeria’s own sanctions list approved and published on 18 June 2026, which named six individuals and three companies believed to have facilitated, financed or otherwise supported the Islamic State West Africa Province (ISWAP) and associated terrorist networks.
The names added on 18 June were Ibrahim Yakubu Ogirima, Muktar Muhammad Adamu, Adamu Chiroma, Ibrahim Abubakar, Abdull...