Nigeria

nigeria’s-central-bank-forced-to-deny-claims-of-crypto-account-freeze
Posted by | April 24, 2024
Nigeria’s central bank forced to deny claims of crypto account freeze

The CBN, through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited.

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nigerian-court-adjourns-binance-tax-evasion-trial-to-may-17
Posted by | April 21, 2024
Nigerian Court Adjourns Binance Tax Evasion Trial To May 17

A Nigerian court has rescheduled the hearing of a tax evasion lawsuit against Binance and some of its executives to May 17. This adjournment represents the latest development in the...

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nigeria-orders-incarceration-of-binance-executive-following-money-laundering-and-tax-evasion-charges:-report
Posted by | April 10, 2024
Nigeria Orders Incarceration of Binance Executive Following Money Laundering and Tax Evasion Charges: Report

A Nigerian federal high court has ordered a senior Binance executive to be remanded for over a week at a prison in Abuja, the country’s capital, according to a Premium...

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detained-binance-exec-pleads-not-guilty-to-money-laundering-charges-in-nigeria:-reports
Posted by | April 8, 2024
Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports

Binance's head of financial crime compliance Tigran Gambaryan reportedly pleaded not guilty to money laundering charges in a Nigerian high court on Monday before he was remanded pending trial. Despite...

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nigeria-court-adjourns-hearings-for-binance,-execs’-tax-evasion-cases:-reports
Posted by | April 4, 2024
Nigeria Court Adjourns Hearings for Binance, Execs’ Tax Evasion Cases: Reports

Nigeria has accused Binance and two of its executives detained in the country of evading taxes. The executives were due to be arraigned Thursday. A Federal High Court in Abuja,...

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binance-executives-file-suit-against-nigeria:-local-media
Posted by | March 29, 2024
Binance Executives File Suit Against Nigeria: Local Media

Tigran Gambaryan and Nadeem Anjarwalla filed suit in the Federal High Court saying their human rights had been violated. They had been invited to the country to discuss issues related...

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is-nigeria-strong-arming-binance?
Posted by | March 25, 2024
Is Nigeria Strong-Arming Binance?

In late February, the Nigerian government let it be known that it thought $26 billion had illegally moved through Binance out of the country in 2023. This estimate was made...

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binance-executive-escapes-nigerian-custody-as-country-files-tax-evasion-charges:-report
Posted by | March 25, 2024
Binance Executive Escapes Nigerian Custody As Country Files Tax Evasion Charges: Report

Binance’s African regional manager is on the run from Nigerian authorities as the country targets the crypto exchange with tax evasion charges. Earlier this month, two Binance executives were detained against their...

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nigeria-sec-to-hike-vasp-registration-fees-under-new-regime-–-details
Posted by | March 17, 2024
Nigeria SEC To Hike VASP Registration Fees Under New Regime – Details

Nigeria’s Securities and Exchange Commission has proposed to raise the registration fees for virtual asset service providers (VASP) seeking an operational license. This development is accompanied by other changes in...

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binance-executives-held-in-custody-in-nigerian-capital-amid-probe-from-government:-report
Posted by | March 13, 2024
Binance Executives Held in Custody in Nigerian Capital Amid Probe From Government: Report

Two Binance executives are being detained against their will in Abuja, Nigeria, according to a Wired report. The report says that Tigran Gambaryan, a former US federal agent who now...

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