18 results
- 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…
- 14 Jun 2024
Court Strikes out Tax Evasion Charges against Gambaryan, Nadeem Binance Executive
Justice Emeka Nwite of the Federal High Court has discharged Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, from the tax evasion allegations levelled against them by the Federal Inland…
- 5 Jan 2025
21 Bank Accounts Frozen by Abuja Court Over Alleged Money Laundering
A Federal High Court in Abuja has ordered the interim freezing of 21 bank accounts across multiple commercial banks over allegations of money laundering. Presiding judge Emeka Nwite also directed the…
- 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…
- 2 Jul 2024
Gambaryan, Binance Exec Fights for his Life, Freedom as Health Deteriorates in Jail
The health of Tigran Gambaryan, Binance executive remains uncertain one month and one week after Justice Emeka Nwite ordered the Nigerian Correctional Service (NCS) to transfer him to a capable…
- 3 Jan 2025
Court Freezes 21 Bank Accounts, Orders Holders’ Arrest over Alleged Money Laundering
Justice Emeka Nwite of the Federal High Court, Abuja, on Friday, ordered the temporary freezing of 21 bank accounts domiciled in some commercial banks in the country. He also ordered the arrest of…
- 25 Aug 2024
#EndBadGovernance Protest: Court freezes 32 individuals, coys’ bank accounts
A Federal High Court in Abuja has frozen the bank accounts of 32 individuals and companies’ linked to the 10-day #EndBadGovernance Protest organised across the country pending investigation and…
- 28 Apr 2025
Wanted CBEX Promoter Surrenders to EFCC Amid $1 Billion Fraud Probe
One of the suspected promoters of the cryptocurrency trading platform, Crypto Bridge Exchange, Adefowora Abiodun, who was recently declared wanted by the Economic and Financial Crimes Commission,…
- 10 Jun 2025
Concerned Nigerians Ask EFCC to Release Abiodun, CBEX Promoter
Adefowora Abiodun, one of the alleged promoters of the CBEX investment scheme, who voluntarily surrendered to the Economic and Financial Crimes Commission (EFCC) in April following a ruling by…
- 25 May 2026
Court Orders FG to Reveal Identity of Local Contractors in $460m Abuja CCTV Project
Federal High Court has ordered the Ministry of Finance to disclose the total amount paid under the $460 million Abuja CCTV loan, the identities of local and Chinese contractors who received the…
- 21 May 2023
Failed Abuja CCTV Project: Court Orders FG to Account for $460m Chinese Loan
A Federal High Court in Abuja has ordered the President Muhammadu Buhari’s Administration to “account for the spending of $460 million Chinese loan to fund the failed Abuja Closed-Circuit Television…
- 9 Jul 2026
Court Adjourns Alleged Binance Tax Evasion Case over Settlement Talks
Federal High Court in Abuja has adjourned the Federal Government’s alleged tax evasion case against Binance Holdings Ltd. cryptocurrency exchange, until September 24, 2026, to allow both parties more…
- 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…
- 30 Apr 2024
CBN Stops 4 Fintechs from Onboarding New Customers
Central Bank of Nigeria (CBN) has issued a directive to four fintech companies, instructing them to halt the onboarding of new customers pending further notice. The affected fintechs—OPay, Palmpay,…
- 7 Jul 2024
CBN in Court, Claims Binance Operated Illegally in Nigeria
Central Bank of Nigeria (CBN) has told the Federal High Court of Nigeria in Abuja, that Binance, crypto exchange performed banking services without proper authorization. Olubukola Akinwunmi, head of…
- 8 Jul 2024
EFCC Places Yahaya Bello on Interpol's Watch-List
Economic and Financial Crimes Commission (EFCC) has asked Interpol in North African countries Morocco, Tunisia, Egypt, Libya, Sudan and Algeria to place Yahaya Bello, former Kogi State Governor on…
- 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…
- 24 Apr 2025
EFCC Secures Arrest Warrant for Six CBEX Promoters
A federal high court in Abuja has granted permission to the Economic and Financial Crimes Commission (EFCC) to arrest and detain six Crypto Bridge Exchange (CBEX) promoters over allegations of…