The Nigeria Sanctions Committee has hailed the U.S. designation of Nigeria-based Mukhtar Adamu and three bureaux de change as terrorist facilitators over their links with the Islamic State of Iraq and Syria (ISIS).

Mr Adamu, born on August 2, 1990, and residing in the Agege area of Lagos, was designated on Monday “for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods and services to or in support of, ISIS-WA.”

In a statement on Wednesday, the NSC said the designation followed the inclusion of Mr Adamu and his companies as part of a broader update to the Nigeria Sanctions List approved and published on June 18, 2026. 

“The Nigeria Sanctions Committee welcomes the recent inclusion of Mukthar Muhammad Adamu, Nine to Nine BDC and Generation BDC Limited by the United States Office of Foreign Assets Control (OFAC) yesterday. 

“The naming of the three companies and six persons followed extensive intelligence gathering, financial investigations, and inter-agency assessments which established reasonable grounds to believe that the affected individuals and entities facilitated, financed, supported or otherwise, contributed to the activities of the Islamic State West Africa Province (ISWAP) and associated terrorist networks,” the statement read.

According to the NSC, the individuals and entities added to the Nigeria Sanctions List on 18th June 2026 include: Ibrahim Yakubu Ogirima (NLISWi.19), Muktar Muhammad Adamu (NLISWi.20), Adamu Chiroma (NLISWi.21) and Ibrahim Abubakar (NLISWi.22).

Others are Abdullahi Umar Usman (NLISWi.23), Babangida Muhammed Adamu Hammajam (NLISWi.24), Abbal Bako & Sons Bureau De Change Limited (NLISWe.25), Generation Currency BDC Limited (NLISWe.26) and Nine to Nine BDC Limited (NLISWe.27).

“The Federal Government reiterates its directive to all financial institutions and designated non-financial businesses and professions to continue to comply with all sanctions’ obligations, including asset-freezing requirements, the filing of Suspicious Transaction Reports and the reporting of all relevant matches to the appropriate authorities,” it added.

The committee further lauded the work of the Federal Ministry of Justice, Office of the National Security Adviser, Central Bank of Nigeria, State Security Service, Economic and Financial Crimes Commission and the Nigerian Financial Intelligence Unit for their actions to ensure that terrorist groups were denied the resources that sustained their activities.

It expressed Nigeria’s commitment to ensuring that terrorists and their financiers find no haven within the country’s financial system.

It stated, “The government will continue to work closely with domestic stakeholders and international partners to protect national security, strengthen financial integrity and contribute to global efforts to combat terrorism and its financing.”