Nigeria, June 25 -- The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to immediately freeze all accounts and assets linked to six individuals and four Bureau de Change (BDC) operators recently designated for terrorism and terrorism-financing-related activities.

In a circular signed by Olubunmi Ayodele-Oni, the CBN's Director of Compliance Department, on Thursday, the apex bank said the sanctions followed recent designations by the Nigeria Sanctions Committee (NIGSAC) and the United States Department of the Treasury's Office of Foreign Assets Control (OFAC) under Executive Order 13224, as amended.

The CBN said the Nigeria Sanctions List was updated on 18 June and that the new designations constitute bi...