2024-10-24 14:56 |
Nigeria's government has withdrawn the money laundering charges against Binance executive Tigran Gambaryan, local news outlet Punch reported first on Wednesday.
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The Binance executive has been detained in Nigeria since February.
2024-10-11 12:52 | |
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Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria's legal battle with Binance.
2024-3-26 23:05 | |
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One of the two Binance executives held in Nigeria has reportedly escaped from custody, according to a local media outlet. Binance is the world’s largest crypto exchange by trading volume and has faced a rough time in Nigeria over the past several months.
2024-3-26 14:18 | |
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Binance faces increasing regulatory scrutiny as a Nigerian trade union calls for the Federal Government of Nigeria to ban the exchange’s operation within the West African nation. In a Tuesday Interview with the News Agency of Nigeria (NAN), Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria (ABCON), expressed that the […]
2023-8-10 05:00 | |
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Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ.
2023-6-10 18:26 | |
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Binance, the world’s largest exchange is in talks with the Nigeria Export Processing Zones Authority (NEPZA) over plans to create a special economic zone focused on crypto and blockchain-related businesses.
2022-9-5 17:22 | |
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The west African country has held discussions with Binance about creating something similar to Dubai’s virtual commercial city.
2022-9-5 12:44 | |
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Binance is partnering with Nigeria to build an Export Processing Zone Authority (NEPZA). The aim is to create a digital economic zone similar to Dubai. The post Binance Partners With Nigeria To Build Digital Economic Zone appeared first on BeInCrypto.
2022-9-5 01:17 | |
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The largest crypto exchange by trading volume, Binance, is under fire from its users in Nigeria over the “unreasonable” closure of their accounts amidst other inappropriate activities carried out by the platform.
2022-1-28 13:00 | |
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Nigeria is the second-largest peer-to-peer (P2P) cryptocurrency market in the world. The country suffered a huge blow on Feb. 5 when its apex bank released a circular issuing a ban on cryptocurrency trading.
2021-2-12 17:13 | |
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Binance has already disabled deposits while citizens of Africa's largest economy object to CBN’s decision. The post Central Bank of Nigeria Prohibits Banks to Deal with Crypto’s which Became Popular in EndSARS Protests first appeared on BitcoinExchangeGuide.
2021-2-7 16:08 | |
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Nigeria's central bank told financial institutions they couldn't provide crypto companies or users with services on Friday.
2021-2-6 01:08 | |
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As per an announcement from April 23, Bundle now lets its users send, receive and request cash and crypto from Nigeria. The company is planning to expand its services to more than 30 countries in Africa by the end of 2020, providing a simple crypto fiat on and off-ramp across the continent. Aside from the […]
2020-4-24 22:39 | |
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NIGERIA, April 23, 2020: Bundle, an Africa-focused social payments app for cash and cryptocurrencies, backed by Binance, today has launched in Nigeria. Founded by Yele Bademosi, formerly a director at Binance Labs, Bundle allows users to request, send, and receive cash or crypto from their peers.
2020-4-24 14:15 | |
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Here's how crypto exchanges are on-boarding unbanked users in Nigeria.
2020-2-22 17:50 | |
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The very first stablecoin of Africa is backed by Naira, the fiat currency of Nigeria and it will be built on Binance Chain, the blockchain software system developed by the leading cryptocurrency exchange Binance.
2019-12-14 18:08 | |
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Africa’s first stablecoin, the Africa Stable-Coin(ABCD) is backed by Nigeria’s national currency, the Naira. Also, the fiat-backed crypto is built on Binance’s native blockchain, the Binance Chain.
2019-12-11 18:45 | |
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Data suggests that Bitcoin interest is growing in Africa. The nations of South Africa and Nigeria currently lead in terms of Google searches for queries relating to the cryptocurrency. The revelation comes via data from Binance Research, the cryptocurrency market analysis branch of the leading digital asset exchange platform.
2019-9-28 05:16 | |
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The Google search trends of “Bitcoin” term have moved from Western countries to Asia and Eastern Europe throughout the years and recently landed in Africa, according to Binance Research. Bitcoin Now Most Popular in Nigeria Earlier today, Binance Research presented a short video demonstrating the changes in heat ranking of Bitcoin term in Google search by country.
2019-9-26 15:30 | |
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The detained Binance exec leaves Nigeria after all charges were dropped.
The Nigerian government has officially dropped all charges against Tigran Gambaryan, a Binance Holdings executive, who had been detained since February. On Oct. 23, the Nigerian Economic and Financial Crimes Commission (EFCC) announced the case withdrawal at the Federal High Court in Abuja.
Binance has expressed disappointment over a Nigerian court’s decision to deny bail to its executive, Tigran Gambaryan. On Oct. 11, the High Court in Abuja rejected Gambaryan’s latest bail request, citing procedural issues.
Bitcoin briefly fell below $59,000 last night before rebounding to reclaim the critical $61,000 level in a rapid V-shaped recovery. Historical data indicates that similar swift recoveries on a 30-minute resolution have consistently led to either higher gains or sideways trading, with few instances of further declines.
The Binance executive has been detained in Nigeria since February.
During a recent AMA, Binance CEO Richard Teng addressed accusations of misusing Launchpool funds, discussed the HBO documentary on Bitcoin’s creator, and outlined the company’s efforts against crypto scams.