Nigeria Freezes Assets of Suspected Terror Financiers in Crackdown on Funding Networks

In an assertive move to curb terrorism financing, Nigeria's Securities and Exchange Commission (SEC) has instructed all capital market operators to freeze assets linked to 10 individuals and three entities newly sanctioned under the nation's counter-terrorism regime. This directive, issued in line with the Terrorism (Prevention and Prohibition) Act of 2022, signals an intensified effort by Nigerian authorities to interrupt the financial flows sustaining extremist networks. According to sources,