The Chief Executive Officer of Binance, Richard Teng, has described the detention of its employee, Tigran Gambaryan, by the Nigerian government as ‘unjust’ and that it was a “dangerous precedent” for international businesses.Teng also said that despite Binance’s repeated efforts at constructive engagement and cooperation with Nigerian authorities, Gambaryan remains
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The Central Bank of Nigeria (CBN) has issued a two-month deadline for Point of Sales (PoS) operators to complete registration with the Corporate Affairs Corporation (CAC).This was revealed during a meeting between Fintechs and the Registrar-General/Chief Executive Officer of the CAC, Hussaini Magaji (SAN), in Abuja on Tuesday.Speaking at the
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As Senators resume at the newly renovated Chamber for legislative activities, the National Assembly Sergeant-At-Arms has barred at least 10 Television stations in the country from having access to the gallery.A Sergeant-At-Arm operative who was stationed at the entrance of the Chamber told journalists that Senate President, Godswill Akpabio instructed
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The Federal Government has ordered a department within the Transmission Company of Nigeria (TCN), the System Operator (SO), to cut power supply to three neigbhouring customers to six per cent in order to improve domestic power supply.The three countries affected are the Niger Republic, Benin Republic, and Togo.The electricity regulator,
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Yesterday, the presidency replied to the former Vice President, Alhaji Atiku Abubakar, over an attack on President Bola Tinubu and his son, Seyi, on allegations that their business affiliations with the Chagoury Group constituted a conflict of interest.Special Adviser to the president on Information and Strategy, Mr Bayo Onanuga, who gave
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Vice-President Kashim Shettima, who was scheduled to represent President Bola Tinubu at the 2024 US-Africa Business Summit in Dallas, Texas, has cancelled the trip following a technical fault with his aircraft.Stanley Nkwocha, the Senior Special Assistant to the President on Media and Communications, Office of The Vice-President, disclosed this in
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LG Electronics has announced the launch of the K-POP Fiesta contest in Nigeria.According to the global company, the event offers fans a unique platform to showcase their passion for Korean pop music and dance while providing an opportunity to engage with fellow enthusiasts from all corners of the country.It was
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The Federal Government is not considering requests from any country to establish a military base in Nigeria, Information and National Orientation Minister Mohammed Idris said yesterday.Idris dismissed as unfounded reports that the government was considering the citing of a military base in the country, saying Nigeria “is not in any
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