• NIGERIA GOVERNMENT SLAMS FINE OF $10 BILLION NAIRA TO BINANCE.

According to Premium time, Nigerian authority have imposed a fine of $10 billion on BINANCE, Nigeria Authorities have accused BINANCE of benefitting from "illegal transactions"

The fine comes barely 48 hours after news broke that security agencies detained two executives of the global crypto exchange. Both executives flew to Nigeria last week following a ban on their website and we're arrested by the office of the National Security Adviser (NSA)

While the NSA initially denied reports of any arrests, it later confirmed that it was investigating BINANCE but did not share any details of the investigation.

One Tuesday, Olayemi Cardoso, the Central Bank governor , claimed $26 billion has passed through BINANCE Nigeria from Sources and users who we cannot identify. "There have been reports that