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US Exposes ISIS Funding Network Linking Nigeria to Syria, Sanctions Lagos BDCs

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US Exposes ISIS Funding Network Linking Nigeria to Syria, Sanctions Lagos BDCs

US Exposes ISIS Funding Network Linking Nigeria to Syria, Sanctions Lagos BDCs

The United States government has designated a Lagos-based businessman and three Nigerian currency exchange companies as Specially Designated Global Terrorists (SDGTs) , naming them as part of an ISIS financial network operating across West Africa, Europe, and the Middle East. The action represents the Trump administration’s latest offensive against global terrorism financing and targets a web of facilitators spanning from France and Syria to Türkiye and Nigeria. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three individuals and six entities for facilitating financial transactions on behalf of the Islamic State of Iraq and Syria (ISIS) . The designations, announced on Monday, aim to cut off funds that enable ISIS to execute attacks, support its regional affiliates, and threaten civilians, including religious minorities.

The Nigerian national, Mukhtar Adamu Muhammad, is described by the Treasury as an ISIS in West Africa (ISIS-WA) financial facilitator who conducted money transfers on behalf of the terrorist group. According to OFAC documents, Muhammad resides at No. 45, Abimbola Street, off Capital Road, by Morcas, Agege, Lagos State. He was born on August 2, 1990, with an alternative date of birth of August 3, 1990. Muhammad is being designated under Executive Order 13224 for “having materially assisted, sponsored, or provided financial, material, or technological support for, or goods and services to or in support of, ISIS-WA.” Three Nigeria-based money service businesses (MSBs) owned, controlled, or directed by Muhammad were also designated: Nine to Nine Exchange Bureau De Change Limited — located at Block 7, FAAN Complex, Airport Road, Ikeja, Lagos, established on August 22, 2017, with Registration Number RC 1462752; Manhattan Bureau De Change Limited — located at No. 59 Murtala Mohammed Way, Wapa, Kano, established on January 26, 2021, with Registration Number RC 1763824; and Generation Currency Bureau De Change Limited — located in Lagos, established on January 9, 2019, with Registration Number RC 1555604.

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The sanctions also target Abdelhakim Boukich (also known as Babili Muhammad and Abu Sulayman Alholandi), a former Dutch national now based in Syria. Boukich controls and directs Bitcoin Xchange, a Syria-based money service business established in late 2020. According to the Treasury Department, Boukich and Bitcoin Xchange have transferred money on behalf of ISIS associates from multiple countries, including Norway, Belgium, the Netherlands, South Africa, and the United States. Blockchain analytics firm TRM Labs has been tracking Bitcoin Xchange since early 2022 and notes that addresses attributed to the exchange have processed approximately USD 10 million in total volume across hundreds of transactions linked to ISIS fundraising campaigns. The designation highlights the increasing use of cryptocurrency in terrorist financing. Analysts note that Syria-based crypto exchangers and hawala operators serve as a “pooling and conversion layer” for ISIS donation campaigns, converting donated crypto to cash for a fee of 2 to 5 percent. OFAC additionally identified two TRON blockchain addresses linked to the network, marking one of the rare sanction actions that specify individual wallet identifiers rather than merely targeting exchanges or custodians.

The sanctions extend to a Türkiye-based hawala network operated by Mohamad Alhmidan, an individual previously sanctioned by OFAC in March 2016 for facilitating logistical and financial support for ISIS and helping foreign terrorist fighters. Alhmidan owns and controls Spider Gayrimenkul Ve Genel Ticaret Limited Sirketi, a Türkiye-based MSB that originated as a hawala operating in Syria. It was used to transfer money from parts of Syria under ISIS control to other regions not controlled by the group. Alkaram Danismanlik Gayrimenkul Ic Ve Dis Genel Ticaret Limited Sirketi, another Türkiye-based MSB, operates on behalf of Spider.

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The third individual sanctioned is Miloud Abderrahmane (also known as Ghazi Ibrahim), a French national based in France. Abderrahmane has conducted transactions with known ISIS affiliates, including some based in Syria, and has provided instructional and manufacturing information on explosives to ISIS supporters. OFAC also identified two TRON wallet addresses linked to him.

The U.S. State Department reaffirmed its strong security partnership with Nigeria in the fight against terrorism, noting that both countries jointly carried out the May 16, 2026, operation that killed Abu-Bilal al-Minuki, the number two official in ISIS and head of its General Directorate of Provinces, which provides operational guidance and funding to ISIS regional offices. “As demonstrated by the May 16, 2026 killing of al-Minuki, the United States and Nigeria stand together in relentlessly pursuing and eliminating ISIS,” the Treasury Department said. “We will continue to use every diplomatic and legal tool available to hold ISIS and its supporters accountable—wherever they operate and however they move money.” The action reflects sustained counterterrorism pressure that has forced ISIS to become “much more decentralised and reliant on more autonomous cells and affiliates throughout the world,” as outlined in Treasury’s 2026 National Terrorist Financing Risk Assessment.

As a result of today’s action, all property and interests in property of the designated persons that are in the United States or under the control of U.S. persons are blocked and must be reported to OFAC. U.S. persons are generally prohibited from engaging in transactions involving blocked persons. In addition, foreign financial institutions that knowingly facilitate significant transactions for sanctioned individuals or entities may face secondary sanctions, including restrictions on access to correspondent or payable-through accounts in the United States.

US Exposes ISIS Funding Network Linking Nigeria to Syria, Sanctions Lagos BDCs

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18 Suspected Bandits Killed as Security Forces Foil Mass Kidnap in Katsina

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18 Suspected Bandits Killed as Security Forces Foil Mass Kidnap in Katsina

18 Suspected Bandits Killed as Security Forces Foil Mass Kidnap in Katsina

Eighteen suspected bandits have been killed in an intelligence-led ambush that reportedly foiled a planned mass kidnapping in Bakori Local Government Area of Katsina State.

The operation took place at about 1am on Monday, September 21, 2026, at Gidan Iyado, Kakumi Ward, after security personnel received intelligence that an armed group was planning to abduct residents for ransom.

According to the Katsina State Ministry of Internal Security and Home Affairs, the operation involved hunters, members of the Community Watch Corps and local vigilante groups, who laid an ambush and engaged the suspected bandits.

The ministry said 18 members of the group were killed, while no casualty was recorded among the security personnel involved in the operation.

Recovered items included one G3 rifle, two AK-47 rifles, 14 rounds of 7.62mm live ammunition and three motorcycles.

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Security personnel also recovered two cows and 94 sheep, which the authorities believe were among livestock allegedly rustled by the group.

The Katsina government identified the alleged leader of the group as Alhaji Musa Duki, whom it described as a former school headmaster who allegedly became a bandit leader operating from Mununu Forest in Faskari Local Government Area.

Authorities said the operation was part of continuing efforts to disrupt bandit networks, kidnapping operations and rural insecurity across Bakori, Faskari and neighbouring communities.

The government said a sustained covert operation was ongoing to locate Duki and other members of the network, identify their hideouts and prevent further attacks.

Katsina State Governor Dikko Umar Radda commended the security personnel and community-based security groups involved in the operation, while urging residents to continue providing timely and credible information to security agencies.

The latest operation comes amid continuing security challenges in parts of Katsina State, where authorities have increasingly relied on intelligence gathering and collaboration between conventional security agencies and community-based security groups to disrupt criminal activity.

The recovered weapons and ammunition have been taken into custody as security agencies continue efforts to dismantle the alleged network and prevent further kidnapping and banditry in the affected areas.

18 Suspected Bandits Killed as Security Forces Foil Mass Kidnap in Katsina

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Police Arrest Two Arms Dealers, Recover 300 Rounds of Ammunition in Kaduna

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Police Arrest Two Arms Dealers, Recover 300 Rounds of Ammunition in Kaduna

Police Arrest Two Arms Dealers, Recover 300 Rounds of Ammunition in Kaduna

The Kaduna State Police Command has arrested two suspected arms traffickers and recovered 300 rounds of live ammunition in an intelligence-led operation in the state.

The suspects, identified as Rayyanu Adamu and Nasiru Abubakar, were arrested by operatives of the Police Anti-Kidnapping Unit following surveillance around the Giwa and railway station axis.

Police said the operation resulted in the recovery of 270 rounds of AK-47 ammunition and 30 rounds of Type 06 ammunition.

The suspects are being interrogated as investigators work to determine where the ammunition was sourced, its intended destination and whether other people are involved in the alleged trafficking operation.

The arrests come amid increased security operations across Kaduna State against kidnapping, banditry, arms trafficking and terrorist logistics.

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In a separate operation, troops of Operation FANSAN YAMMA arrested a suspected terrorist kingpin and two alleged members of his network in Kubau Local Government Area.

Troops also arrested a 50-year-old woman in Igabi Local Government Area who was allegedly transporting 300 rounds of ammunition. The military said preliminary investigations indicated that she had travelled from Zamfara to Lafia before allegedly receiving the ammunition for onward delivery to suspected terrorist elements in Birnin Gwari.

A suspected terrorist logistics supplier was also arrested in Birnin Gwari, with four communication devices recovered during the operation.

The separate operations point to continuing efforts by security agencies to disrupt the movement of arms and ammunition to criminal and terrorist groups operating in Kaduna and neighbouring areas.

The Kaduna Police Command has also recorded other ammunition seizures in recent operations, as security personnel intensify efforts to identify suspected arms suppliers, couriers and their associates.

The two suspects remain in police custody while investigations continue.

Police Arrest Two Arms Dealers, Recover 300 Rounds of Ammunition in Kaduna

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Niger Mosque Attack: Bago Says 63 Abducted, 14 Freed, Three Killed

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Niger Mosque Attack: Bago Says 63 Abducted, 14 Freed, Three Killed
Niger State Governor, Mohammed Umaru Bago

Niger Mosque Attack: Bago Says 63 Abducted, 14 Freed, Three Killed

Niger State Governor, Mohammed Umaru Bago, has said 63 people were abducted during the August 21 attack on worshippers in the Dakera area of Borgu Local Government Area, with three victims killed and 14 others recovered.

Bago’s disclosure provides the first specific official breakdown of the victims following weeks of conflicting reports about the scale of the Niger State abduction.

The governor said 33 worshippers were abducted from a mosque, while the attackers seized another 30 people from a nearby market as they fled, bringing the total number to 63.

He made the disclosure when former Niger State governor and Senator representing Niger North, Abubakar Sani Bello, visited the Government House in Minna to sympathise with the state over recent deaths and security incidents.

Bago also rejected reports circulating on social media that about 500 people had been abducted, describing the figure as exaggerated.

“It was a social media hype. Thirty-three were kidnapped at the mosque, and on their way, they kidnapped an additional 30 in a market, making a total of 63,” the governor said.

He added that three of those abducted had been killed, while 14 had been recovered.

The governor’s account means that, of the 63 people he said were abducted, 17 have been accounted for through deaths or recovery, leaving 46 whose current status was not specified in his latest disclosure.

However, the official figure has not ended concerns over the scale of the wider Borgu mass abduction.

Residents of Dekara and neighbouring communities staged a protest in New Bussa on Monday, September 21, demanding the release of hundreds of people they said remained in captivity more than a month after the attacks.

According to Reuters, residents initially estimated that about 600 people had been abducted during coordinated attacks on several communities. The president of the Borgu Youths Development Association, Abdullahi Yahaya Sadauki, subsequently said community estimates had risen to nearly 700 people allegedly still in captivity.

Reuters said it could not independently verify the higher figure.

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The residents are calling for a formal headcount across the affected villages to establish the actual number of people missing, those who escaped and those who were taken into captivity.

The protest also reflected the wider impact of the security crisis in Borgu, with residents saying insecurity has restricted access to markets and healthcare. Shops were reportedly closed in the area as residents observed a shutdown to draw attention to the continued captivity of the victims.

The attack occurred on August 21 when armed men invaded communities in the Dekara district of Borgu, including Gidan-Zana and Kpenya.

Police had initially said armed men stormed Kpenya Mosque during Friday prayers after attacking Gidan-Zana and Kpenya communities. Police spokesperson Wasiu Abiodun said at the time that authorities could not confirm the number of people abducted.

The initial police assessment indicated that no death had been confirmed at that stage, while a joint security team was deployed to the area for assessment and rescue operations.

Residents subsequently told Reuters that more than 60 worshippers had been abducted during what appeared to be coordinated attacks on several communities in Borgu. Reuters noted at the time that it could not independently verify the residents’ account.

The latest developments therefore present two different sets of figures that should not be treated as interchangeable.

Governor Bago’s official account puts the number abducted from the mosque and a nearby market at 63, comprising 33 worshippers and 30 other people. He says three were killed and 14 recovered.

The much higher figure of about 600, later described by community representatives as close to 700 people still in captivity, relates to the broader series of attacks across Dekara and neighbouring communities, rather than necessarily the specific mosque-and-market incident identified by Bago. The higher community estimate remains unverified.

The discrepancy has increased pressure on authorities to establish a comprehensive record of those affected by the attacks.

President Bola Ahmed Tinubu had previously ordered an immediate rescue operation following the August 21 attacks. More than a month later, however, residents say they are still waiting for the safe return of their relatives.

Niger State Commissioner for Information, Obed Nuhu Nana, told Reuters that security agencies had been mobilised and that the government was making efforts to rescue the victims.

Borgu’s location along Nigeria’s western border with the Republic of Benin has also heightened security concerns, particularly because the area covers remote communities where armed groups can operate across difficult terrain.

The continuing uncertainty over the number of victims has left families seeking answers about relatives who have not returned home. Community leaders say a physical headcount remains necessary to determine the true scale of the Borgu kidnapping.

For now, the latest official position is that 63 people were abducted in the mosque and market incidents, three were killed and 14 were recovered. The separate community claim that hundreds more remain in captivity has not been independently verified and requires further official investigation.

The conflicting figures underscore the need for authorities to reconcile community records with security agencies’ information and provide a verified account of the people abducted during the August attacks.

Niger Mosque Attack: Bago Says 63 Abducted, 14 Freed, Three Killed

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