April 12, 2026
SUNTV Global Channel | News
The Nigerian government has released a fresh list of individuals and organisations allegedly linked to terrorism financing, naming 48 persons and 12 corporate entities in a sweeping crackdown on extremist funding networks.
The list, published by the Nigeria Sanctions Committee, identifies high-profile suspects including Tukur Mamu and Simon Njoku, as well as groups such as the Indigenous People of Biafra.
Also named are extremist organisations like Islamic State West Africa Province and Ansarul Sudan, alongside several business entities suspected of facilitating financial transactions tied to terrorism.
According to authorities, the sanctions list outlines the identities, nationalities, and alleged roles of those involved, as part of efforts to dismantle financial networks supporting insurgency and violent extremism in Nigeria.
The Nigeria Sanctions Committee operates under the supervision of the Office of the National Security Adviser, coordinating implementation of sanctions in line with United Nations directives and Nigeria’s counter-terrorism framework.
Officials say the move is aimed at enforcing provisions of the Terrorism (Prevention and Prohibition) Act 2022, with penalties including asset freezes, travel restrictions, and financial surveillance targeting those listed.
Among the corporate entities flagged are West and East Africa General Trading Co. Ltd, Settings Bureau De Change Ltd, Desert Exchange Ventures Limited, and Eagle Square General Trading Co. Ltd, among others, all suspected of acting as financial conduits.
The latest sanctions come amid renewed security concerns, particularly in Nigeria’s North-East, where insurgent groups continue to carry out attacks despite ongoing military operations.
Security sources also confirmed that at least 386 الإرهاب-related suspects have been convicted in recent trials linked to Boko Haram and ISWAP activities.
Investigations into terrorism financing in Nigeria have previously exposed complex networks involving billions of naira in transactions, cross-border funding channels, and alleged links to international actors.
Authorities say the updated sanctions list reflects a broader strategy to disrupt these networks and tighten enforcement against individuals and organisations suspected of enabling terrorism.
SUNTV Global Channel reports that security agencies are expected to intensify monitoring and enforcement actions in the coming weeks as part of efforts to curb the financing of violent groups across the country.
