Nigeria court rules Binance executive can face trial on behalf of crypto exchange
By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Friday ruled that Binance executive Tigran Gambaryan can stand trial on behalf of the cryptocurrency exchange in an ongoing tax evasion case. Binance and executives Gambaryan, a U.S. citizen and head of
Nigerian central bank lifts ban on crypto trading
By MacDonald Dzirutwe LAGOS (Reuters) - Nigeria's central bank has lifted a ban on transacting in cryptocurrencies, while saying global trends had shown a need to regulate such activities, the bank said in its latest circular. The Central Bank of Nigeria (CBN)
Nigeria regulator says local Binance operations ‘illegal’
By MacDonald Dzirutwe LAGOS (Reuters) - Nigeria's markets regulator has ordered the world's largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal. "Binance Nigeria Limited is hereby
Nigeria launches domestic card scheme in cashless bid
The Central Bank of Nigeria's logo is seen on its headquarters building in Abuja, Nigeria, January 22, 2018. REUTERS/Afolabi Sotunde By Camillus Eboh ABUJA (Reuters) - Nigeria's central bank on Thursday launched a domestic card scheme to rival foreign cards like Mastercard