Business
More woes for crypto enthusiasts, as FG reportedly obtains court warrant to detain Binance executives for 12 days
The Nigerian government has obtained a court warrant to detain two Binance officials for at least 12 days in the first instance.
While the full identities of the two Binance executives remain sketchy as of press time Wednesday night, National Daily gathered that one of them is an American and the other a British-Pakistani.
This is following an earlier report on Wednesday which revealed that Nuhu Ribadu, the national security adviser, detained 2 executives of the Binance crypto exchange platform and confiscated their international passports.
ALSO READ: FG reportedly detains Binance executives, demands list of Nigerians on its platform
It is reported the meeting was expected to address outstanding issues between Binance and Nigeria, whose officials have tried publicly to blame the raging exchange rate crisis on online trading platforms.
National Daaily reports that the investigation has been consequently taken over by the EFCC
-
Latest4 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Business3 days agoNigeria: Whither the fruits of 2026 crude oil windfall?
-
Comments and Issues4 days agoPolitical Parties Primaries: Consensus or Coronation?
-
Business3 days agoTrump-Xi summit sparks fresh questions for Nigeria’s economy, tech sector
-
Featured4 days agoObasanjo faults Tinubu’s economic reforms, calls them necessary but poorly designed
-
Business5 days agoAnger, debate trail proposed $1.25bn loan amid concerns over Nigeria’s debt surge
-
Comments and Issues4 days agoDoes it matter to Africa if Nigel Farage comes to Number 10?
-
Latest4 days agoWike says Makinde’s presidential ambition dead on arrival