A Lagos-based crypto tech enthusiast, Bright Johnson has carpeted the federal government over the detention of two Binance officials, saying the action is not only counterproductive but could eventually undermine the government’s efforts to bring about economic change and growth. According to Johnson, the Nigerian authorities seem to be lashin...
The House of Representatives Committee on Financial Crimes has resolved to issue warrant of arrest against executives of cryptocurrency platform, Binance, for failing to appear before it for an investigation. Chairman of the Committee, Ginger Onwusibe, yesterday, stated that the warrant of arrest is to compel that the executives appear before ...
The House of Representatives, yesterday, called for the arrest of the top executives of Binance Holdings Limited, which is facing fraud allegations. Binance, a cryptocurrency exchange platform, was accused of exploiting the Nigerian currency, Naira, leading to its free fall in value, reports The PUNCH. The company is, in addition, facing alleg...
•CBN Governor, Yemi Cardoso A few hours after dissolving the board of directors governing Polaris, Union, and Keystone banks, the Central Bank of Nigeria has appointed new executive directors to oversee the affairs of the deposit money banks. The apex bank, in a statement signed by the acting Director of Corporate Communications, Sidi Hakama, ...
•Tinubu President Bola Tinubu has sacked the chief executives of the Federal Competition and the Consumer Protection Commission (FCCPC) and the Bureau of Public Enterprises (BPE). Presidential spokesman Ajuri Ngelale disclosed this in a statement late yesterday, saying the dismissal of Babatunde Irukera as the FCCPC EVC/CEO and Alexander Ayool...