The Nigerian government has stated that its financial system provides no safe haven for terrorists or those who finance them, emphasizing that recent U.S. sanctions targeting Nigerian entities linked to ISIS West Africa financing were based on intelligence gathering and joint financial investigations.

The statement was issued by Nigeria’s Sanctions Committee and published through the Nigerian Financial Intelligence Unit in Abuja following U.S. sanctions imposed on exchange companies and individuals accused of supporting terrorist financing networks.

Authorities reaffirmed their commitment to combating money laundering and terrorism financing, while pledging continued cooperation with international partners to track illicit financial networks and disrupt extremist funding sources.