US Sanctions Nigerian Bureau de Change and Two Others in Global ISIS Funding Crackdown
The United States has designated three individuals and six companies linked to an ISIS financial network operating across Europe, the Middle East and West Africa. One target is Muhammad Mukhtar Adamu of Agege, Lagos. His firms—General Currency Bureau de Change, Manhattan Bureau de Change in Kano and Nine To Nine Exchange in Lagos—are accused of moving funds for ISIS-West Africa. Authorities also named a French national who supplied explosives information and a Syrian who used cryptocurrency to transfer money for the group. All are now Specially Designated Global Terrorists under the US Treasury’s Office of Foreign Assets Control. The US State Department reaffirmed its partnership with Nigeria following their joint May 2026 operation that killed ISIS deputy Abu-Bilal al-Minuki. It pledged continued diplomatic and legal action against those who finance terrorism.
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