“Binance has issued cease & desist notice to the scammer entity “Binance Nigeria Limited,” Mr Zhao tweeted. “Don’t believe everything you read in the news.”
The commission directed Binance to “immediately stop soliciting Nigerian investors in any form whatsoever.”
According to a new report from the World Bank, high interest rates and the Russian war in Ukraine continue to slow global economic growth significantly.
AfDB says Nigeria and other African economies are projected to grow by 4.1 per cent in 2023 and 4.3 per cent in 2024.
CBN has announced the revocation of the licences of 132 microfinance banks, three finance companies and four primary mortgage banks across the country.
The West African country is grappling with soaring inflation, debt, and a depreciating currency pushing it to default.
The commissioner gave the warning as a safety precaution due to the persistent nationwide fuel scarcity.
Mr Sanwo-Olu described Lagos as the most diaspora-friendly state and the gateway city between the diaspora and Nigeria.
There was a decrease in activity in all three monitored categories of construction during December, led once more by civil engineering.
The king’s portrait would appear on existing designs for the £5, £10, £20 and £50 notes and would enter into circulation by mid-2024.
