US sanctions Lagos-based BDC operator, firms over alleged terrorism financing

US sanctions Lagos-based BDC operator, firms over alleged terrorism financing

US Sanctions Lagos BDC Over Terror Finance

The U.S. has sanctioned a Lagos-based Bureau de Change (BDC) operator and related firms for alleged terrorism financing. The move, announced June 24, 2026, highlights international efforts against illicit financial flows supporting extremist groups. The U.S. Treasury aims to protect global finance from exploitation.

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