Naira Crisis: Nigeria Asks Binance To Submit List Of Top 100 Users, Transaction History

LAGOS MARCH 14TH (NEWSRANGERS)-Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the Financial Times reported on Tuesday. The demand comes as Nigeria’s detention of Binance’s compliance head and Africa region manager moves into a third week. Binance’s Tigran Gambaryan and…

Read More

Detained Binance Executives to Remain in Nigerian Custody Until Hearing-WSJ

LAGOS MARCH 14TH (NEWSRANGERS)-Two senior Binance executives will remain detained in Nigeria at least through a March 20 hearing, according to a Wednesday report from the Wall Street Journal. The two men – American citizen Tigran Gambaryan, Binance’s head of financial crime compliance, and dual U.K.-Kenyan national Nadeem Anjarwalla, the exchange’s regional manager for Africa…

Read More

Hisbah Arrest Eleven Muslims For Not in Kano

LAGOS MARCH 14TH (NEWSRANGERS)-The Islamic police in Nigeria’s northern state of Kano arrested 11 Muslims on Tuesday who were seen eating food during the Ramadan fast. Kano has a majority Muslim population, where an Islamic legal system – Sharia – operates alongside secular law. The Islamic police, widely known as Hisbah, carry out searches of…

Read More

Nigeria’s 2024 Budget:  Group Hails FG For  Allocating More Funds To Capital Expenditure Than Recurrent

LAGOS MARCH 12TH (NEWSRANGERS)-The Independent Media and Policy Initiative IMPI has hailed the federal government for allocating more funds to capital expenditure than recurrent in the budget for the first time in the current democratic dispensation. It said in statement signed by its Chairman Niyi Akinsiju that the decision to buck a 24- year trend…

Read More