Binance, Nigeria
Nigeria sets dangerous precedent by detaining Binance execs, CEO says
LAGOS, May 7 (Reuters) - The CEO of cryptocurrency exchange Binance on Tuesday accused Nigeria of setting a dangerous precedent after its executives were invited to the African country and then detained as part of a crackdown on crypto. Binance ...
Binance CEO Calls for Unconditional Release of Tigran Gambaryan from Nigeria
The Nigerian government has been holding Gambaryan for more than 70 days to compel Binance executives to pay hefty fines.
Binance CEO Calls For Colleague's Release Amid Standoff With Nigeria
Binance CEO Teng demands release of Gambaryan, detained in Nigeria since Feb. for discussing regulatory issues amid economic crisis.
Behind Nigeria’s Arrest of Binance Employee, Claims of a Bribe Request
A compliance officer for the cryptocurrency exchange told senior executives and Nigerian contacts that the company had been asked to pay $150 million in crypto.
Binance CEO pleas with Nigeria to release wrongfully detained ‘crime fighter’ exec
A tense stand-off between Binance and the government of Nigeria took a new turn on Tuesday as the company's CEO broke his silence about the country's controversial decision to detain two of its executives,
Binance Suggests Bribe Sought to Make Nigeria Problems ‘Go Away’
Binance Holdings Ltd. said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls for the release of its employee who’s been jailed in the West African nation.
Binance CEO Teng Says Nigeria Must Release 'Beloved Colleague' Gambaryan
Binance CEO Richard Teng called on the Nigerian government to release Tigran Gambaryan, head of the crypto exchange's Financial Crime Compliance team, who flew to the country in February for talks on regulatory supervision.
Binance CEO Teng Says Nigeria Must Release Gambaryan, Detention Sets 'Dangerous New Precedent'
The detention after being invited for talks sets " a dangerous new precedent for all companies worldwide," Teng wrote. Binance CEO Richard Teng called on the Nigerian government to release Tigran Gambaryan,
Yahoo9d
Meghan Markle and Prince Harry to Visit Nigeria in May for a Special Reason
The Duke and Duchess of Sussex will highlight Harry's Invictus Games during their trip to Nigeria in May Rebecca ...
The Africa Report7h
Nigeria: Foreign investors find leeway in new forex directive
The Central Bank of Nigeria (CBN) announced on 8 April that the “current practice of using foreign currency-dominated ...
Nigeria cuts back electricity sales to overseas customers to boost domestic supply
Nigeria's electricity regulator has ordered the grid operator to cut back supplies to customers overseas to boost domestic ...
This Day22m
‘Poverty, Lack of Opportunities, Major Causes of Insecurity in Northern Nigeria’
A chieftain of the All Progressives Congress (APC), Ambassador Abayomi Nurain Mumuni, has identified poverty and lack of economic opportunities as the major causes of insecurity in Northern part of ...
The Africa Report55m
Nigeria: Tinubu introduces new taxes amid cost-of-living crisis
In a memo, the Central Bank of Nigeria (CBN) ordered all commercial banks to impose a 0.5% levy on some electronic transactions. The fund is supposed to be transmitted to the Office of the National ...
Nigeria to charge levy on domestic transfers to fund cybersecurity
Nigeria's central bank plans to charge a levy on domestic money transfers to help fund cybersecurity, it said.
Binance Says It Was Asked for ‘Secret’ Payment Over Nigeria Woes
Binance Holdings Ltd. said it was asked for a large payment in Nigeria to make problems there “go away,” and repeated calls ...
Nigeria to ban peer-to-peer crypto trading in naira
Nigerian authorities are preparing to ban P2P crypto exchange involving the national currency, the Nigerian naira, in the ...
Nairametrics48m
CAC says PoS operators in Nigeria must be registered by July 7
The Corporate Affairs Commission (CAC) has said that Point of Sales (PoS) agents of major fintechs in Nigeria including OPay, ...