Presurgical evaluation of brain neural activity is commonly carried out in refractory epilepsy patients to delineate as accurately as possible the seizure onset zone (SOZ) before epilepsy surgery. In practice, any subjective interpretation of electroencephalographic (EEG) recordings is hindered mainly because of the highly stochastic behavior of the epileptic activity. We propose a new method for dynamic source connectivity analysis that aims to accurately localize the seizure onset zones by explicitly including temporal, spectral, and spatial information of the brain neural activity extracted from EEG recordings. In particular, we encode the source nonstationarities in three critical stages of processing: Inverse problem solution, estimation of the time courses extracted from the regions of interest, and connectivity assessment. With the aim to correctly encode all temporal dynamics of the seizure-related neural network, a directed functional connectivity measure is employed to quantify the information flow variations over the time window of interest. Obtained results on simulated and real EEG data confirm that the proposed approach improves the accuracy of SOZ localization.