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Published: November 13, 2026

CIRCULAR TO ALL CAPITAL MARKET REGULATED ENTITIES NOTICE OF SANCTIONS:

DESIGNATION OF INDIVIDUALS BY THE NIGERIA SANCTIONS COMMITTEE (NIGSAC)

In line with the provisions of the Terrorism (Prevention and Prohibition), Act (TPPA), 2022, the Nigeria Sanctions Committee (NigSac) has designated three (3) Individuals as terrorist financiers and added them to the Nigeria Sanctions List. The Particulars of the sanctioned individuals are as follows:

  1. EMILIE EDWIGIE KONIG (listed on 26/10/2026 (QDi 340) as being associated with Al-Qaida for “participating in the financing, planning, facilitating, preparing, or perpetrating of acts or activities by, in conjunction with, under the name of, on behalf of, or in support of” Islamic State in Iraq and the Levant, listed as Al-Qaida in Iraq (AQI) (QDe.115). She was repatriated to France in July 2022 and formally charged with criminal terrorist conspiracy. She is scheduled to be tried before the Special Criminal Court of Paris.
  2. OUMAR DIABY (listed on 26/10/2026 (QDi 342) as being associated with Al-Qaida for “participating in the financing, planning, facilitating, preparing, or perpetrating of acts or activities by, in conjunction with, under the name of, on behalf of, or in support of” and “recruiting for” Al-Nusrah Front for the People of the Levant (formerly listed). He views himself as a key facilitator in foreign terrorist fighter networks, over the years, he is alleged to have facilitated the recruitment of several dozen foreign terrorist fighters. He currently leads and resides in his camp, located in the Harim region of northern Syria, and continues his propaganda and recruitment activities there.
  3. PETER CHERIF (listed on 26/10/2026 (QDi 376) as being associated with Al-Qaida for “participating in the financing, planning, facilitating, preparing, or perpetrating of acts or activities by, in conjunction with, under the name of, on behalf of, or in support of”, “recruiting for” and “otherwise supporting act or activities” of Al-Qaida in Iraq (QDe.115) and Al-Qaida in the Arabian Peninsula (AQAP) (QDe.129). He was prosecuted for participation in a terrorist criminal conspiracy and organized unlawful detention, Peter Cherif was sentenced to life imprisonment by the Special Criminal Court of Paris on 3 October 2024 for his terrorist activities, his role in the detention of the three humanitarian workers kidnapped in Yemen in 2011, and his role in training one of the terrorist involved in the Charlie Hebdo attack.

All Capital Market Regulated Entities (CMREs) are by this circular directed to:

  • immediately identify and freeze, without prior notice, all funds, assets, and all other economic resources belonging to the designated persons in their possession and report same to the Secretariat of the Nigeria Sanctions Committee;
  • report to the Secretariat of the Nigeria Sanctions Committee any frozen assets or actions taken in compliance with the designation, including attempted transactions;
  • immediately file a suspicious transaction report with the NFIU for further analysis of the financial activities;
  • report all cases of name matching in financial transactions, prior to or after receipt of this Sanctions List, as suspicious transactions to the NFIU;
  • subsequently cease/desist from all dealings with the designated persons; and
  • continue to monitor transactions involving the designated persons and report any findings to the Nigeria Sanctions Committee via info@nigsac.gov.ng.

Failure to comply with these directives constitutes a violation of the Investments and Securities Act, 2025, and the SEC AML/CFT/CPF Regulations, 2023 and shall attract appropriate regulatory sanctions, including fines, suspension of operations, or revocation of registration, in addition to any other sanction as may be determined by the Commission.

This circular takes immediate effect.

Note that, at all times, any unusual or suspicious transactions shall be promptly reported to the Nigerian Financial Intelligence Unit (NFIU).

SIGNED MANAGEMENT
October 27, 2026

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