The decision to blacklist the group follows its designation as a terrorist movement two weeks ago by the United Nations.
Boko Haram, whose name translates loosely from the Hausa language spoken widely in northern Nigeria as "Western education is sin, was added to the EU list late last week along with Syria's jihadist Al-Nusra Front for the People of the Levant.
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Boko Haram, which was created 10 years ago, demands the creation of an Islamic state in mainly Muslim northern Nigeria. Its attacks have left thousands dead since 2009.
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