U.S. Blacklists Nigerian Firms for ISIS Financing

The U.S. Department of State has blacklisted Nigerian individual Mukhtar Adamu and two firms for allegedly facilitating financial activities linked to the terrorist group ISIS.

This designation, announced by spokesperson Thomas Pigott, targets three individuals and six entities across Europe, the Middle East, and West Africa, enabling ISIS to move money across borders. The firms involved include Manhattan Bureau de Change Limited and Nine Nine Exchange Bureau de Change Limited, both operating in Lagos State and Kano, Nigeria.

The U.S. aims to disrupt ISIS's financial networks and has reaffirmed its commitment to working with Nigeria to combat terrorism. The action is part of a broader strategy to hold ISIS accountable and protect global peace and security.

The U.S. has utilized Executive Order 13224, which designates global terrorist organizations, to implement these sanctions.