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Tag "Binance"

Reps panel mulls arrest warrant on Binance executives for ‘ignoring invitations’

    Reps panel mulls arrest warrant on Binance executives for ‘ignoring invitations’

A house of representatives committee is considering recommending an arrest warrant on the executives of Binance, the cryptocurrency company.  The committee on financial crimes made the ruling at its sitting

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VAT report, PH-Aba train services… 7 business stories to track this week

    VAT report, PH-Aba train services… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 4 to March 8. NBS REPORTS ON VAT, FOREIGN TRADE The Nigerian Bureau of Statistics

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FG demands $10bn from Binance for ‘illegal transactions’

    FG demands $10bn from Binance for ‘illegal transactions’

The federal government says it is demanding at least $10 billion as retribution from Binance for profiting from “its illegal transactions” in Nigeria. Bayo Onanuga, the special adviser on information

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Onanuga: Binance will destroy Nigeria’s economy if we don’t clamp down on them

    Onanuga: Binance will destroy Nigeria’s economy if we don’t clamp down on them

Bayo Onanuga, special adviser to the president on information and strategy, says Binance will destroy Nigeria’s economy if the federal government does not clamp down on the company. Speaking in

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Report: FG arrests two Binance officials amid crypto clampdown

  Report: FG arrests two Binance officials amid crypto clampdown

The federal government has reportedly detained two top executives of Binance, the cryptocurrency trading platform. According to Financial Times on

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Bitcoin price rises above $60,000 — first time in two years

  Bitcoin price rises above $60,000 — first time in two years

Bitcoin price on Wednesday rose above $60,000 for the first time in two years. According to CoinMarketCap.com, Bitcoin rose by

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Plea deal: Binance to pay $4.3bn for violating US anti-money laundering laws

  Plea deal: Binance to pay $4.3bn for violating US anti-money laundering laws

A federal judge in the United States (US) approved a plea deal by Binance, requiring the cryptocurrency exchange to pay

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Crypto clampdown: Mobile app not affected, Binance tells Nigerians

  Crypto clampdown: Mobile app not affected, Binance tells Nigerians

Binance, a cryptocurrency exchange, says Nigerian users can still access its platform despite reports that the federal government has restricted

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Complex factors, not us, influencing FX rates in Nigeria, says Binance

  Complex factors, not us, influencing FX rates in Nigeria, says Binance

Binance Nigeria, a cryptocurrency exchange company, has reacted to reports alleging price manipulation in foreign exchange (FX) rates on its

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Binance to challenge US SEC’s fraud charges, seeks dismissal

  Binance to challenge US SEC’s fraud charges, seeks dismissal

Binance, the largest cryptocurrency firm in the world, plans to challenge fraud cases filed against it by the United States

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