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Tag: Central Bank of Nigeria

Global Manhunt: Binance Executive Faces Extradition from Kenya

Join Our Telegram channel to stay up to date on breaking news coverage The saga involving Nadeem Arjarwalla, a high-ranking Binance executive, has taken a...

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Nigerian Parliament Warns Binance As CEO Richard Teng Ignores Summons – CryptoInfoNet

The Chairman of the Nigerian House of Representatives Committee on Financial Crimes has threatened to take stern action against Binance over alleged terrorism financing...

Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify

Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto...

Binance Ends Services for Nigerian Naira

Binance announces the discontinuation of all services tied to the Nigerian Naira (NGN) as it navigates the evolving regulatory landscape. Binance, the world's leading...

Binance CEO Richard Teng asked to appear before Nigerian committee

Binance is in hot water in Nigeria in the aftermath of its settlement with the U.S. Department of Justice (DOJ). Nigeria’s House of Representatives...

Nigeria Denies Report Of $10B Binance Fine

Against the earlier report, Bayo Onanuga, an adviser to the Nigerian president, said no decision had been made by Nigeria about a fine on...

Nigeria Seeks $10 Billion in Damages from Binance

Nigerian government demands $10 billion from Binance, alleging cryptocurrency exchange's activities have adversely affected the Naira and the country's economy. The Nigerian government is...

Nigeria Imposes Ban On StableCoin Sales On Crypto Exchanges As Crackdown Continues – CryptoInfoNet

Several crypto companies in Nigeria, including Binance, are discontinuing the purchase of USDT and USDC stablecoins using the Naira, a new report says.“There was...

Binance Faces Accusations Of Manipulating Nigerian Naira Following ‘Glitch’ Affecting Peer-to-Peer Traders – CryptoInfoNet

“`htmlSpecial adviser to the President of Nigeria, Bola Tinubu, Bayo Onanuga, criticized Binance for allegedly influencing the Nigerian exchange rate and overstepping the boundaries...

Binance Is Not Responsible for the Steep Decline of the Nigerian Naira, Company Fights Back

In a recent press release addressing its Nigerian customers, major crypto exchange Binance distanced itself from the rumored currency speculation that is putting downward...

Can real-time payments help change the world?

Since completing his acquisition of Twitter, now X, in October 2022, Elon Musk has been vocal about his desire to transform the platform into...

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