The Federal Government of Nigeria has expressed its support for recent US sanctions imposed on Nigerian Bureau De Change (BDC) operators accused of financing terrorism. The government stated its commitment to collaborating with both domestic stakeholders and international partners to enhance national security.

Nigeria's Federal Government is preparing to charge a Bureau de Change (BDC) operator who has been sanctioned by the United States for allegedly funding ISIS. This decision follows extensive investigations conducted by the Economic and Financial Crimes Commission (EFCC) and other agencies.

The Federal Government of Nigeria has instructed financial institutions and designated non-financial businesses to comply with sanctions by freezing the assets of individuals and entities financing terrorism. This directive aims to enhance efforts in combating terrorism financing in the country, according to Vanguard.

Dr. Bashir Kurfi, a lecturer in International Finance at Ahmadu Bello University, stated that allegations connecting some Bureau De Change (BDC) operators to terrorism financing are not unexpected. He highlighted the global nature of terrorism and the prevalent use of foreign currencies in illegal transactions during an interview on Trust TV.

The federal government of Nigeria has issued a directive to banks in response to the identification of individuals and companies suspected of financing terrorism. This measure aims to enhance the monitoring and regulation of financial transactions related to these suspects.

Nigeria and the United Nations are strengthening their collaboration on human rights protection during military operations. This initiative includes the Nigerian Navy enhancing its media partnership to improve maritime security and combat crude oil theft. Additionally, the Nigerian government supports the United States in sanctioning individuals and firms that finance terrorism, according to ThisDay Live.