The U.S. Department of State said the action targets individuals and entities accused of helping move funds linked to ISIS operations across multiple countries, including Nigeria, France, Syria, and Türkiye.
The United States has sanctioned a Nigerian citizen and three Nigeria-based financial companies over allegations of involvement in financing the Islamic State of Iraq and Syria (ISIS).
The U.S. Department of State said the action targets individuals and entities accused of helping move funds linked to ISIS operations across multiple countries, including Nigeria, France, Syria, and Türkiye.
Among those named is Mukhtar Adamu Muhammad, a Nigerian national alleged to have ties to ISIS West Africa through money exchange businesses.
The three sanctioned firms are Generation Currency Bureau de Change Limited, Manhattan Bureau de Change Limited, and Nine to Nine Exchange Bureau de Change Limited.
U.S. authorities allege the companies were used to transfer funds connected to ISIS activities.
The sanctions were imposed under Executive Order 13224 as part of efforts to disrupt terrorist financing networks.
The U.S. said it will continue working with international partners to dismantle ISIS financial operations worldwide.
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