The United States has identified a Nigerian national and three Nigeria-based companies among individuals and businesses designated for allegedly helping to finance the Islamic State of Iraq and Syria, ISIS.
The designations form part of a wider US crackdown targeting three individuals and six entities accused of facilitating the movement of funds for ISIS operations across Europe, the Middle East and West Africa.
In a statement released on Monday, US Department of State spokesperson Thomas Pigott said the action exposed a network that enabled ISIS to move money across multiple countries, including Nigeria.
According to the statement, the Nigerian named in the designation is Mukhtar Adamu Muhammad, who is accused of using money exchange businesses to channel funds linked to ISIS West Africa.
The US also designated three Nigerian companies allegedly connected to the network. They are Generation Currency Bureau De Change Limited in Lagos, Nine To Nine Exchange Bureau De Change Limited in Ikeja, Lagos, and Manhattan Bureau De Change Limited in Kano.
Pigott said the sanctions target individuals and businesses that have allegedly helped ISIS transfer money across borders and sustain its operations.
“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,” he said.
The wider list includes a France based facilitator accused of providing information on explosives to ISIS supporters and a Syria based operator alleged to have used cryptocurrency to transfer funds on behalf of ISIS associates in several countries, including the United States.
The US Treasury’s Specially Designated Nationals list also includes companies based in Türkiye and Syria that authorities say were used to support the movement of funds linked to the terrorist group.
Washington said the action was taken under Executive Order 13224, which targets terrorists and those accused of providing support to terrorist organisations.
The United States also reaffirmed its security partnership with Nigeria, noting that both countries cooperated in the May 2026 operation that killed Abu Bilal al Minuki, described by US authorities as the second highest ranking official in ISIS.
Pigott said the US would continue to pursue ISIS and its supporters through diplomatic, financial and legal measures.
“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.
The latest sanctions freeze any assets subject to US jurisdiction and prohibit Americans from conducting transactions with those designated.
