February 20, 2025

Nigeria sues Binance for $81.5bn economic, tax losses

IN an unprecedented legal showdown, the Nigerian government has sued global cryptocurrency exchange Binance, demanding $81.5 billion in damages and unpaid taxes. The lawsuit claims that Binance’s activities in Nigeria have caused significant economic harm and accuses the company of evading taxes on its local earnings. This marks a bold step in Nigeria’s effort to […]

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EFCC, CAC strengthen collaboration to fight corruption

The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have pledged to enhance their collaboration in the fight against corruption to promote economic growth. The Economic and Financial Crimes Commission (EFCC) and the Corporate Affairs Commission (CAC) have pledged to enhance their collaboration in the fight against corruption to promote economic

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