House of Reps set to issue warrant of arrest on Executive members of Binance

The House of Representatives is set to issue a warrant of arrest on the Executive Members of Binance (crypto currency platform) who were absent at the investigative hearing held today at the National Assembly. During the investigative hearing, Hon. Isa Dogonyaro, a member of the committee on Financial Crimes, moved a motion on the need […]

The crypto trading platform Binance may be hit with a heavy fine by the Federal Government over allegations of influencing the country’s forex crisis

The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, who disclosed this in an interview with the BBC, said Binance profited substantially from its “illegal transactions” in Nigeria while the nation suffered huge losses. He noted that Binance is not registered in Nigeria and has no presence in the country, yet […]