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FG freezes bank accounts of confirmed terrorism financiers(See list)
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The Federal Government has directed banks and other financial institutions across the country to immediately comply with sanctions against individuals and organisations linked to terrorism financing by freezing their assets and reporting suspicious transactions.
The directive followed recent sanctions imposed by the United States on a Nigerian man, Mukhtar Adamu Muhammad, and three Bureau De Change operators accused of helping move funds for the Islamic State group.
The action formed part of a wider operation targeting terror financing networks operating in Europe, the Middle East and West Africa.
Authorities disclosed that the affected BDC companies are Generation Currency Bureau De Change Limited, Nine to Nine Exchange Bureau De Change Limited and Manhattan Bureau De Change Limited.
The firms were accused of taking part in financial transactions connected to terrorist activities.
Reacting to the development, the Nigerian Sanctions Committee said all financial institutions and designated non-financial businesses must fully obey existing sanctions rules.
The committee directed them to freeze assets linked to sanctioned persons, file reports on suspicious transactions and notify the relevant authorities whenever matches are discovered.
The committee stated that Nigeria would not allow terrorists or those funding them to make use of the country’s financial system.
It added that the action taken by the United States supports measures already introduced by Nigeria and strengthens efforts to block the flow of money to terrorist groups.
The committee also noted that Nigeria had earlier expanded its sanctions list on June 18, 2026, by adding six individuals and one company.
Those listed include Ibrahim Yakubu Ogirima, Adamu Chiroma, Ibrahim Abubakar, Abdullahi Umar Usman, Babangida Muhammed, Adamu Hammajam and Abbal Bako & Sons Bureau De Change Limited.
According to the committee, the sanctions were based on intelligence reports, financial investigations and assessments carried out by different government agencies.
The investigations reportedly found grounds to believe that the affected individuals and entities provided financial support and assistance to the Islamic State West Africa Province (ISWAP) and related terrorist networks.
The committee praised the Federal Ministry of Justice and the Office of the National Security Adviser for their involvement in the sanctions process.
It also commended the Central Bank of Nigeria, the Department of State Services, the Economic and Financial Crimes Commission and the Nigerian Financial Intelligence Unit for their roles in disrupting financial channels used by terrorist groups.
It said the agencies had worked together to stop terrorists from accessing funds and resources needed to sustain their operations.
The twin earthquakes that struck Venezuela last month killed over 5,000 people, National Assembly chief Jorge Rodriguez posted on Telegram Friday.
The 7.2 and 7.5 magnitude quakes struck within a minute of each other on 24 June, decimating the coastal state of La Guaira located north of Caracas.
The disasters killed 5,069 people, Rodriguez said, with most casualties occurring in the coastal region.
The number of people injured remains unchanged at 16,740, with the parliamentary leader earlier stating that most had already been discharged from hospital.
Some 20,000 people made homeless by the quakes are living in overcrowded camps, many of which lack water supplies and proper sanitation systems.
The federal high court in Kano has barred the Federal Road Safety Corps (FRSC) from operating on state and local government roads.
The court also declared the corps’ operations on township roads within Kano metropolis unlawful, holding that they violated the fundamental rights of citizens.
In a judgment delivered on Thursday, M.S. Shuaibu, the presiding judge, ruled in favour of Abba Hikima, a Kano-based lawyer who sued the FRSC over its activities in July 2025.
According tọ media reports,the judge held that FRSC officers acted outside their statutory powers by stopping, questioning and delaying motorists on township roads.
He added that the actions breached the constitutional rights to personal liberty and freedom of movement guaranteed under sections 35 and 41 of the 1999 Constitution.
The judge granted all the reliefs sought by Hikima, including a perpetual injunction restraining FRSC personnel from stopping or harassing motorists on Kano state roads without lawful authority.
He also ordered the corps to publish a public apology in a national newspaper and awarded the applicant N800,000 in damages and costs.
The suit followed an incident in July 2025 when FRSC operatives mounted checkpoints on township roads in Kano and stopped motorists, including Hikima, demanding driver’s licences and questioning them despite the absence of any primary traffic offence.
Hikima subsequently approached the federal high court, noting that the corps had unlawfully violated his fundamental rights.
He said that the FRSC’s statutory mandate covers only federal highways and does not extend to state or local government roads.
The Isoun family announced the death of former minister Turner Isoun, who passed away in Abuja on Wednesday, July 15, 2026
Isoun served as Minister of Science and Technology under ex-President Olusegun Obasanjo and championed Nigeria’s space and ICT revolution.
According to Premium Times, the Isoun spokesperson, Diseye Timinipre Isoun, confirmed the passing of the family patriarch in a statement, noting that the elder statesman was based in Odi, Bayelsa State.
In his reaction, Governor Douye Diri of Bayelsa State described the late Professor as “an academic colossus whose contributions to scholarship and national development are outstanding and immeasurable.”
He stated that Prof. Isoun’s demise was a significant loss not only to the Ijaw nation but also to Nigeria as a whole, The Nation reported.
Isoun’s ‘legacy’ in science and ICT
A Professor of Veterinary Medicine by training, Isoun made his most enduring mark during his tenure as Minister of Science and Technology in the administration of former President Olusegun Obasanjo.
He was widely credited with driving Nigeria’s early push into information technology and space exploration.
Among his most consequential initiatives was the establishment of the National Information Technology Development Agency (NITDA) and the creation of Galaxy Backbone Plc, a government ICT firm set up to harmonise national communication networks and build a reliable broadband infrastructure across the country.
Under his watch, Nigeria also achieved landmark milestones in space technology, including the launch of NigeriaSat-1 and Nigcomsat 1R, two satellites that marked a defining chapter in the country’s scientific history.
Before his ministerial career, Isoun had already distinguished himself in academia.
He served as the founding Vice Chancellor of the University of Science and Technology in Port Harcourt in the old Rivers State, now known as Rivers State University, laying what Governor Diri described as the solid foundations of the country’s first technology-focused university.
Beyond his academic and governmental roles, Isoun remained deeply connected to his Ijaw heritage.
He served as chairman of the Ijaw National Congress, Central Zone, and played a notable part in the political process that led to the creation of Bayelsa State from the old Rivers State in 1996.
“The Odi-born scientist would be greatly missed for his candour, wise counsel and commitment to Ijaw socio-cultural values,” Governor Diri said, while extending condolences from the Bayelsa State Government to the Isoun family and community.
He urged them to take comfort in the late elder statesman’s lasting contributions to national life.
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