Nigeria has welcomed fresh US sanctions on a Lagos-based bureau de change operator and three firms accused of financing ISIS-West Africa, calling it a major step against terror funding.
Nigeria’s cheering Washington on this one. The Federal Government has welcomed fresh US sanctions targeting a Lagos-based bureau de change operator and several firms accused of facilitating terrorism financing, Premium Times reports.
Officials called it a significant step in the global fight against terror funding and financial crimes, saying it aligns with Nigeria’s own push to tighten anti-money laundering measures and disrupt networks bankrolling terrorist groups.
The US action targets individuals and entities allegedly moving funds linked to extremist activities, cutting off their access to the American financial system. Nigerian authorities reaffirmed their commitment to tracking illicit financial flows and ensuring terrorism financiers face the full weight of the law.
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