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‎US designates Nigerian, others as ISIS financiers

Wale Ishola by Wale Ishola
June 23, 2026
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The United States government has designated a Nigerian national and several other individuals and entities as financiers and facilitators of the Islamic State (ISIS), in a move aimed at disrupting global terror funding networks.
‎
‎The designation, announced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), accuses the affected individuals of helping to move and channel funds used to support ISIS operations and its affiliated groups across different regions.
‎
‎According to U.S. authorities, the sanctioned network spans multiple countries and is believed to have facilitated financial flows supporting ISIS-linked activities, including in parts of Africa where extremist groups remain active.
‎
‎Washington said the action is part of its wider counter-terrorism strategy targeting individuals and organisations that provide material or financial support to terrorist groups.
‎
‎The sanctions typically involve asset freezes and restrictions on transactions involving U.S. persons or financial systems.
‎
‎Officials added that the move is intended to weaken ISIS financial structures and limit the group’s ability to coordinate attacks and sustain its operations globally.
‎
‎The development comes amid continued international efforts to curb terrorism financing networks operating across borders, particularly in regions where ISIS-linked factions remain active.

Tags: US names terrorism financers in Nigeria
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Wale Ishola

Wale Ishola

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