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Cardoso Accuses Binance Nigeria Of Carrying Out $26bn Suspicious Transactions

The Central Bank of Nigeria Governor, Olayemi Cardoso has accused Binance of carrying out $26bn suspicious transaction in 2023 alone.Cardoso said this on Tuesday...

Business

FG Slams $10bn Fine On Crypto Trading Platform Binance For Forex Market Manipulation

The Federal Government on Friday said it has slammed a $10bn fine on crypto trading platform, Binance, over allegations of influencing the country’s forex...

News

Federal Government of Nigeria Slams $10 Billion Fine on Binance

The federal government has imposed a $10 billion punishment on Binance, a cryptocurrency trading platform, amid charges of affecting the country’s FX crisis.Bayo Onanuga,...

Business

Binance Will Destroy Nigeria’s Economy If We Don’t Clamp Down On Them- Bayo Ononuga

The Special Adviser on Information & Strategy, Bayo Onanuga has disclosed that they were advised to clampdown on the embattled cryptocurrency exchange trading platform,...

Business

Amid scathing backlash, Binance disables naira feature on P2P feature for Nigerians

Following scathing backlash from the Nigerian government, Binance, a crypt exchange with over 170 million users worldwide has disabled its peer-to-peer (P2P) feature for...

News

Nigeria ‘Detains Two Binance Executives in Cryptocurrency Clampdown

On Monday night, Feb. 26, Nigeria’s Department of State Security detained at least two Binance executives in Abuja as part of an inquiry into...

Business

Cardoso says $26bn from unknown sources passed through Binance Nigeria in one year

The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has revealed that a whopping $26 billion was moved by unknown sources...

News

Binance claims website 'issues' as Nigeria blocks crypto exchanges

Nigerian authorities on Thursday blocked the website of Binance and similar cryptocurrency trading platforms in a move to halt the free fall of the...

Business

JUST IN: Binance To Pay $4.3bn Fine As CEO Changpeng Zhao Pleads Guilty In US Court

Binance Founder and Chief Executive Officer, Changpeng Zhao, on Tuesday pleaded guilty and has agreed to step down from his role.Binance which is the...

Business

SEC declares Binance operations in Nigeria illegal

According to a Circular by the Commission dated June 09, 2023, any Nigerian trading on Binance Nigeria Limited, a subsidiary of the well-known global...

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