The EFCC said the information afforded to its team of investigators by Binance showed that the total trading volume from Nigeria in 2023 alone stood at $21.6 billion.
“The world is knowledge-driven; everything that we are doing today is guided by knowledge,” said the vice-president.
Amid the clampdown, Binance exited the Nigerian market and discontinued every naira-related transaction on its platform.
At the height of the Zimbabwe economic conundrum, a dollar was exchanged for ZWD2.6 trillion.
“We were told that if we don’t clampdown on Binance, Binance will destroy the economy of this country.”
The Senate has urged President Bola Tinubu’s government to stop its planned electricity tariff increase via the planned withdrawal of electricity subsidy.
Governor Mohammed Umar Bago has temporarily banned the sale and distribution of food items and other farm produce in Niger to other states in Nigeria.
Presenting the motion, Mr Ajilo said Nigeria recalled all its ambassadors in a major diplomatic shakeup in 2023.
Civil servants have urged President Bola Tinubu’s government to be sensitive to workers’ plights.
President Bola Tinubu’s government will begin discussing the new minimum wage with labour unions in March.
