Nigeria Enforces Asset Freeze Linked to Terror-Financing Network

In an extraordinary move aimed at disrupting terrorism financing networks, Nigeria’s Securities and Exchange Commission (SEC) has issued a sweeping directive to freeze the assets of 10 individuals and three entities recently designated under the nation’s sanctions regime. This action, approved by the Nigeria Sanctions Committee, aligns with the provisions of the Terrorism (Prevention and Prohibition) Act of 2022, signaling intensified government efforts to choke off funding to extremist groups.