The United States has identified a Nigerian national and three Nigeria-based companies in a sweeping international operation targeting individuals and businesses accused of facilitating financial transactions linked to the terrorist group, the Islamic State of Iraq and Syria (ISIS).
The action forms part of a broader designation involving three individuals and six entities operating across Europe, the Middle East, and West Africa, which U.S. authorities allege were involved in moving funds and supporting ISIS operations across multiple countries.
In a statement issued by U.S. Department of State spokesperson Thomas Pigott, the designated network spans France, Syria, Türkiye, and Nigeria. According to the statement, the targeted individuals and companies allegedly played roles in enabling ISIS to transfer funds across borders and sustain its global activities.
Among those designated is a France-based facilitator accused of providing information on the use of explosives to ISIS supporters, a Syria-based operator alleged to have used cryptocurrency to move funds on behalf of ISIS associates in several countries, including the United States, and a Nigeria-based facilitator whose money exchange businesses were identified as channels for terrorist financing.
The U.S. subsequently released the identities of the three individuals and six companies placed on its Specially Designated Nationals (SDN) list.
The Nigerian national named in the designation is Mukhtar Adamu Muhammad, who was listed alongside three Nigerian companies allegedly linked to the financing network. The firms are Generation Currency Bureau De Change Limited, based in Lagos; Nine to Nine Exchange Bureau De Change Limited, located in Ikeja, Lagos State; and Manhattan Bureau De Change Limited, situated in Kano.
Other entities sanctioned include Alkaram Danismanlik Gayrimenkul Ic Ve Dis Genel Ticaret Limited Sirketi and Spider Gayrimenkul Ve Genel Ticaret Limited Sirketi, both based in Türkiye, as well as Bitcoin Exchange Agent Idlib’s No.1 Coin Exchange, located in Syria.
The U.S. government reaffirmed its security partnership with Nigeria, highlighting the country’s participation in the May 16, 2026 operation that led to the killing of Abu-Bilal al-Minuki, described as the second-highest-ranking official within ISIS.
Pigott stated that the United States would continue to deploy diplomatic, financial, and legal measures against ISIS and its global support networks, stressing Washington’s commitment to working with international partners to combat terrorism and disrupt funding channels used by extremist groups.
The designations were made under Executive Order 13224, as amended. ISIS, formerly known as al-Qa’ida in Iraq, has been designated a Specially Designated Global Terrorist (SDGT) organisation by the United States since 2004.
