Accused of tax evasion, illegal operations and sinking the naira, Binance faces an $81.5bn lawsuit and detained executives. The fight could reshape crypto in Africa’s biggest economy.

Nigerias Federal Inland Revenue Service (FIRS) has sued Binance for $81.5 billion, alleging tax evasion and significant economic losses. The lawsuit claims Binance violated multiple financial ...

Nigeria has filed a lawsuit seeking to compel cryptocurrency exchange Binance to pay $79.5bn for economic losses it says were ...

Binance has acknowledged the Nigerian government’s lawsuit seeking $81.5bn in damages and unpaid taxes, stating that it is ...

Nigeria has filed a landmark lawsuit against Binance, demanding $79.5 billion in economic damages and an additional $2 ...

Nigeria’s $81.5 billion lawsuit against Binance marks a pivotal moment in the ongoing debate over cryptocurrency regulation. While the allegations are serious, the case also highlights the need for ...

Nigeria is intensifying its efforts to regulate and tax cryptocurrency activities, aiming to bolster national revenue and exert greater oversight ...

The federal government is seeking $79.51 billion and ₦231 million in compensation for alleged economic losses attributed to ...

Crypto rises on multiple regulatory wins. Nasdaq considers listing digital assets. SEC drops broker-dealer case against DeFi. Trump signs EOs to end war on crypto. ECB considers blockchain payment ...

The federal government has moved to rejuvenate Nigeria’s industrial sector and position the nation as a global industrial leader by inaugurating the Industrial Revolution Work Group (IRWG). The group ...

The Federal government has terminated the contract of 98 km Oyo-Ogbomoso road awarded to RCC Construction Company. The Minister of Works, Engr. Dave Umahi, disclosed this at the Oyo Federal Roads ...

Nigeria sues Binance for $81.5 billion over damages and taxes, alleging tax evasion. Legal battles continue, shaping crypto regulations.