15 results
- 12 Jun 2023
Binance Distances Self from Binance Nigeria Limited
Binance, Top cryptocurrency exchange, has dissociated itself from Binance Nigeria Limited, stating that the banning of the operations of the Nigerian firm by the country’s Securities Exchange…
- 11 Jun 2023
SEC Urges Nigerian Investors to Avoid Investing in Binance Nigeria, Declares its Operation Illegal
The Securities and Exchange Commission has declared the activities of Binance illegal in Nigeria. This is according to a published circular on the commission’s website dated June 9, 2023. The…
- 25 Mar 2024
Detained Binance Executive Reportedly Escapes from Custody, Flees Nigeria
Nadeem Anjarwalla, one of the executives from Binance detained in Nigeria on allegations of tax evasion and other offenses, has reportedly escaped from custody. Nadeem Anjarwalla, executives of…
- 4 Mar 2024
Reps Summon Binance CEO over Alleged Terrorism Financing
The House of Representatives Committee on Financial Crimes has summoned Richard Teng, chief executive officer (CEO) of Binance Holding Limited, over alleged terrorism financing and money laundering.…
- 18 Mar 2024
Court orders Binance to release data of Nigerian Users to EFCC
Binance Holdings Limited has been ordered by Justice Emeka Nwite of a federal high court sitting in Abuja to provide the Economic and Financial Crimes Commission with the comprehensive data or…
- 19 Feb 2025
FG Files Fresh $81.5Bn Suits against Binance for Economic Losses
Federal government has asked an Abuja Federal High Court to compel Binance to pay N79.51 billion and N231 million, which is equivalent to $81.5 billion, as penalty for alleged economic losses caused…
- 4 Apr 2024
FG in Talks with INTERPOL to Extradite Anjarwalla, Fugitive Binance Executive
Discussions have been in top gear between the Federal Government (FG) and the International Criminal Police Organisation (INTERPOL) to facilitate the extradition of Nadeem Anjarwalla, a Binance chief…
- 17 May 2024
Court Denies Binance Executive Tigran Gambaryan Bail
Justice Emeka Nwite of the Federal High Court Abuja, has dismissed the bail application of an Executive of Binance Holdings Limited, Tigran Gambaryan. Justice Nwite held that Gambaryan is likely to…
- 3 Apr 2024
EFCC to Arraign Binance Executives on Thursday
Fedewal government through the Economic and Financial Crimes Commission (EFCC) will, on Thursday, arraign Tigran Gambaryan and Nadeem Anjarwalla, two top officials of Binance Holdings Ltd on five…
- 16 Jul 2024
SEC to Introduce Weekly Cryptocurrency Transaction Monitoring
Securities and Exchange Commission (SEC) has announced new measures to oversee the cryptocurrency sector to combat financial crime. This move addresses a growing market while posing challenges for…
- 21 Feb 2024
CBN Reportedly Planning to Close to all Crypto Websites in Nigeria
Central Bank of Nigeria (CBN) could be looking to block Nigerians from using crypto websites to combat the weakening of the naira. Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN). While this…
- 21 Feb 2024
Crypto Firm, Binance Confirms working with the Nigerian Govt to Block Dollar-Naira Exchange
Cyptocurrency giant, Binance, has said it is working with the Nigerian government to stamp out activities non-complaint with the country's regulations on its platform. Binance disclosed this in an…
- 9 May 2024
SEC Bans to Person-to-Person Cryptocurrency Trading to Protect the Naira
Securities and Exchange Commission (SEC) said that it will prohibit person-to-person (P2P) cryptocurrency trading in the Naira, aiming to safeguard its local currency from further depreciation and…
- 25 Sept 2022
Blockchain, Cybersecurity Stakeholders Gather for Cyberchain Abuja 2022
Stakeholders in Blockchain technology as well as cybersecurity are preparing for Cyberchain Abuja 2022 holding on October 22, 2022. The conference, fourth in the series of Cyberchain national tour…
- 19 May 2022
Winner of Nigerian Idol Season 7 Finale Walks Away with N100m Worth of Prizes this Sunday
The finale episode of Nigerian Idol Season 7 will air at 7 pm on Sunday, 22 May 2022, live on DStv and GOtv. The show’s host, IK Osakioduwa, will announce a winner who will walk away with N100…