Thursday, 25th April 2024
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19 Mar
A professor of applied economics at Johns Hopkins University, Steve Hanke, has joined scores of tech professionals calling for the release of two Binance executives detailed by Nigeria after it restricted access to several crypto platforms including Binance.
18 Mar
The Federal High Court sitting in Abuja has ordered world's largest Cryptocurrency company, Binance Holdings Limited to disclose the names and transaction details of all its most prominent users in Nigeria. Justice Emeka Nwite gave Binance the interim order to provide the Economic and Financial Crimes Commission (EFCC) with a comprehensive information of all the…
18 Mar
A Federal High Court, Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission with the comprehensive data or information of all persons from Nigeria trading on its platform.
13 Mar
In a groundbreaking shift within the cryptocurrency landscape, NoOnes, the innovative peer-to-peer (P2P) platform, is rapidly asserting itself as the go-to choice for Binance users in Nigeria seeking seamless and efficient P2P transactions. As Binance users in Nigeria increasingly embrace NoOnes, the platform is revolutionizing P2P trading with its unique community, mission, and team of…
12 Mar
Families of the two Biannce officials detained in Nigeria have revealed their identities. Nadeem Anjarwalla, 37, and Tigran Gambaryan, 39, have been in Nigerian detention since last month when they flew into Nigeria to discuss with the country's investigators as authorities began an intense scrutiny of cryptocurrency exchanges. Gambaryan currently heads Binance's financial-crime compliance and…
8 Mar
The world’s biggest cryptocurrency exchange Binance is halting operations in Nigeria's naira currency as the government puts cryptobusinesses under increasing scrutiny.
7 Mar
Nigeria's Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) have concluded plans to offer guidelines for Cryptocurrency operators in the country. The new set of guidelines issued by SEC and the CBN will regulate the licensing, registration and screening of digital and virtual assets service providers (VASPs). SEC in a notice…
6 Mar
Former Minister of State for Defence, Musiliu Obanikoro, has said the arrest and detention of two Binance executives is evidence that the President Bola Tinubu administration is working.
5 Mar
Cryptocurrency giant Binance has said it will discontinue all its naira services, days after two of its officials were detained in Nigeria. The world's biggest cryptocurrency exchange has already told its Nigerian users to either withdraw their naira deposits, trade their assets denominated in the currency or convert their naira holdings into crypto before the…
5 Mar
Indications have emerged that the House of Representatives would issue an arrest warrant against Mr Richard Teng and other officials of Binance Holdings Limited over alleged involvement in terrorism financing, money laundering and other financial crimes in the country.
1 Mar
Binance, a cryptocurrency giant, has refuted the Nigerian government's claims that they are negotiating to pay a $10 billion fine. A Binance official stated it had no discussions regarding a $10 billion fine with the Nigerian government but hopes to resume services "very soon." “We recently discussed ways to resolve issues with Nigeria, but we…
1 Mar
Nigerian authorities have asked the world's largest cryptocurrency exchange Binance to pay a $10 billion fine for infractions, a spokesman for President Bola Tinubu said on Friday. Bayo Onanuga, Tinubu's media adviser, said Binance had enabled "illegal transactions" hurtful to the Nigerian economy. During a BBC interview, Onanuga said Binance is not registered in Nigeria…

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Russian President Vladimir Putin said Thursday he plans to visit China in May, in what would be his first trip abroad since re-election as the two forge closer ties.
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Montpellier striker Akor Adams remains optimistic about his prospects of earning a spot in Nigeria's Super Eagles squad, despite the fierce competition among the team's forwards. Adams gained attention this year after moving from Norwegian club Lillestrom in a deal worth €4.5 million. The 24-year-old started his Ligue 1 season impressively, scoring seven goals in…
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To encourage voters to turn out in elections, companies in Bengaluru have offered free beers and transportation to voters. President of the hotel association PC Rao told the Bangalore Mirror newspaper, "Different hotels and restaurants will be providing different things to the voters based on their personal call. "While some of these places will provide…
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A key witness in the criminal trial of Donald Trump detailed Thursday how he worked with the former president's personal lawyer to kill a Playboy model's story about a sexual relationship with the Republican.
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The Chief of Naval Staff (CNS) Vice Admiral Emmanuel Ogalla has said he is extending the duration of a special operation launched to combat crude oil theft in the Niger Delta region dubbed Operation Delta Sanity by another 90 days. The special operation which was launched on January 6, 2024 was to combat crude oil theft…
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Head Coach Bankole Olowookere has called up 25 players to the camp of Nigeria's U17 Girls National Team, Flamingos, in preparation for the upcoming FIFA U17 Women’s World Cup qualifying match against Burkina Faso. This squad selection is part of the lead-up to the third round of the African qualifying series. The list includes a…
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Telecommunications companies operating in Nigeria Airtel, MTN, 9Mobile, and Glo, are proposing an increment of tariff. The Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday, in a joint statement said the current price control mechanism is not at par with the economic realities. Consequently,…