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Muhammad, Three Bureaux de Change in Global Terror Crackdown

June 23, 2026 1 min read

The United States has sanctioned a Lagos-based ISIS financier, Mukhtar Adamu Muhammad, 35, and three bureaux de change linked to him for allegedly moving funds for the group . The action targets a network operating across France, Türkiye, Syria, and Nigeria that Washington said helps fund ISIS attacks and support its regional affiliates .

Muhammad, also known as Adamu Mukhtar and Muhammad Mukhtar, is listed with an address in Agege, Lagos State, and linked directly to ISIS-West Africa . The Department of Treasury’s Office of Foreign Assets Control alleged that the Nigeria-based facilitator used his bureaux de change in Lagos and Kano states as conduits for ISIS financing .

The sanctioned bureaux de change include Generation Currency Bureau De Change Limited, Nine to Nine Exchange Bureau De Change Limited, both based in Lagos State, and Manhattan Bureau De Change Limited