Evidence of Nigeria’s eNaira being used for terrorist financing is limited and inconclusive. The IMF warned in 2022 that the eNaira’s centralized blockchain, managed by the Central Bank of Nigeria, could be vulnerable to money laundering and terrorism financing due to weak AML/CFT frameworks. However, no specific on-chain tracking data confirms such misuse. The eNaira’s private Hyperledger Fabric blockchain restricts public access to transaction details, complicating independent verification. While the Nigerian Financial Intelligence Unit has tracked illicit flows in other contexts, like cryptocurrency, no reports explicitly link eNaira to terrorist activities. The currency’s low adoption—under 1.4 million transactions by 2023—further suggests minimal use for illicit purposes, though vigilance remains critical.