BREAKING: FG Fines Binance $10bn over Naira Fall
The cryptocurrency trading platform Binance has come under fire, with the Federal Government imposing a hefty $10 billion fine. The allegations revolve around Binance's purported role in exacerbating Nigeria's forex…
BREAKING: Binance Leaves Nigeria, Ends Naira Exchange
Cryptocurrency exchange platform, Binance has announced plans to leave Nigeria. Daily Report Nigeria reports that the exchange intermediary will also end operations in Naira. The decision is sequel to an…
Naira Fall: Nigeria Asks Binance to Disclose Top 100 Users
Nigeria is currently seeking information from Binance, a cryptocurrency exchange platform, about its top 100 users in the country. The request also includes the transaction history of these users over…
Court Orders Binance to Release Data of Nigerian Users
A Federal High Court in Abuja has ordered Binance Holdings Limited to provide the Economic and Financial Crimes Commission with detailed data on all Nigerian traders using its platform. The…
BREAKING: Detained Binance Executive Escapes
Nadeem Anjarwalla, a detained Binance executive, who is currently facing tax evasion charges, has reportedly escaped from Nigerian custody. The 38-year-old Anjarwalla vanished on Friday, March 22. He was allegedly…
BREAKING: FG Charges Binance with Tax Evasion
Following the disappearance of Binance's executive, Nadeem Anjarwalla from custody, the Nigerian government has filed tax evasion charges against the cryptocurrency company. The charges were submitted to the Federal High…