Central Bank of Nigeria (CBN) yesterday tell banks, payment service banks, and oda financial institutions say make dem find and immediately freeze any asset wey belong to people wey dey suspect for terrorism financing.

Dem say di banks no need to give any warning before dem do am. All di money, property, and any oda resources wey di suspects get, whether directly or indirectly, must be frozen.

Dis one follow di measures wey Nigeria Sanctions Committee (NIGSAC) and di United States Department of Treasury's Office of Foreign Assets Control (OFAC) don impose.

Di sanctions dey based on Executive Order 13224 (as amended), wey concern terrorism and terrorism financing.

“Di Nigeria Sanctions List don dey updated as of June 18, 2026.

“All dis names mean say na binding sanctions wey all regulated entities must implement immediately,” na so di circular wey Olubunmi Ayodele-Oni sign for di Director, Compliance Department, CBN talk.

Di people and companies wey dem tag na: Muktar Muhammad Adamu, Babangida Muhammed Adamu Hammajam, Abdullahi Umar Usman, Ibrahim Abubakar, Adamu Chiroma and Yakubu Ogirima Ibrahim.

Also for di list na: Generation Currency Bureau de Change Limited, Manhattan Bureau de Change Limited, Nine to Nine Exchange Bureau de Change Limited and Abbal Bako & Sons Bureau de Change Limited.

All of dem na Money Service Businesses (MSBs)/Bureaux de Change (BDCs) wey dey based for Nigeria.

Di assets wey dem go freeze include any property wey di suspects get 50 percent or more, whether na by demself or togeda.

Di banks must also file Suspicious Transaction Reports (STRs) immediately if dem see any match or attempt, and dem must send report to CBN within 48 hours wey go show details of di affected accounts, how much dem freeze or restrict, and wetin dem don do. Dem add say even if no match dey, dem must still send report wey go show say nothing dey.