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Binance CEO Leaves Nigeria Following Withdrawal of Money Laundering Charges by the Federal Government

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Tigran Gambaryan, the Head of Financial Crime Compliance at Binance, has departed Nigeria just days after the Federal Government dropped money laundering charges against him. The world’s largest cryptocurrency exchange announced his departure in a statement on Thursday, October 24.

“Today, American citizen Tigran Gambaryan left Nigeria to return home to his family after eight months of unlawful detention,” the statement read. “Gambaryan was released from Kuje prison last night. His health has significantly deteriorated during his imprisonment, and he can now receive the medical attention he urgently needs.”

Earlier reports from Bush Radio indicated that a Federal High Court in Abuja dismissed the money laundering charges brought against Gambaryan by the Economic and Financial Crimes Commission (EFCC) on Wednesday. The EFCC noted that the case could not proceed due to Gambaryan’s declining health, with the Nigerian Correctional Service and the Office of the National Security Adviser confirming that his condition had worsened to the point where he struggled to walk without a wheelchair.

In response to the dismissal of the charges and her husband’s departure, Gambaryan’s wife, Yuki, expressed her relief in a statement. “It is a huge relief that this day has finally come. The past eight months have been a living nightmare. I wish it hadn’t taken this long for his release or that his health had not declined so much, but we can now focus on healing as a family.”

She expressed gratitude to the US government for their efforts in securing her husband’s release and thanked those who supported them during this challenging time. “There were moments I feared this day would never come, but Tigran’s supporters gave me hope and strength. The road ahead for Tigran’s recovery is going to be difficult, and I appreciate being given the time and space to focus on that. Our children cannot wait to see their dad again,” she stated.

In February, Nigerian authorities detained Gambaryan and his colleague, Nadeem Anjarwalla, the regional manager for Africa at Binance. Both faced money laundering charges involving $35 million initiated by the EFCC. While Anjarwalla escaped custody on March 22, 2024, Gambaryan was arraigned in court on April 8.

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‘We Don’t Want Another Mohbad Case’ – Laolu Gbenjo Speaks On Toluwanisings.

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Nigerian gospel singer Laolu Gbenjo has cautioned the public against spreading unverified information about the circumstances surrounding the death of his colleague, Bayonile Bolaji, popularly known as Toluwanisings.....KINDLY READ THE FULL STORY HERE▶

Gbenjo’s warning comes amid growing controversy surrounding the late singer’s death and burial arrangements, with reports of disagreements among members of his family.

The gospel singer spoke on Tuesday during a night of tributes held in honour of Toluwanisings in Ibadan, Oyo State. He warned against allowing the situation to degenerate into a controversy similar to the one that followed the death of Nigerian singer Mohbad.

Describing the deceased as a devoted Christian and a genuine servant of God, Gbenjo said Toluwanisings was passionate about his faith and had a good relationship with people.

He urged the public to stop fuelling unnecessary controversy over the late singer’s death, particularly through social media platforms such as TikTok and Instagram.

“You can never see Toluwani in the midst of jobless people. He had a good heart. He was a friend to everybody. He served the Lord with all his heart. Don’t turn Toluwani into Mohbad. That madness on TikTok and Instagram must stop. If you are jobless, go and look for a job,” Gbenjo said.

Meanwhile, comedians Ayobami Ajewole, popularly known as Woli Agba, and Olamide Oladimeji, also known as Dele Omo Woli, have threatened legal action against individuals allegedly linking them to Toluwanisings’ death.

Woli Agba disclosed this in a public notice shared on his Instagram page on Sunday.

In the notice issued by their solicitors, Gemgold, the comedians warned members of the public against publishing or circulating allegations they described as false and defamatory against them.

The legal notice maintained that the allegations were baseless and intended to damage the reputations of the two entertainers.

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El-Rufai’s ₦1bn Legal Battle Takes New Turn As Court Fixes Judgment Date.

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The Federal High Court in Abuja has fixed December 2, 2026, for judgment in the ₦1 billion fundamental rights suit filed by former Kaduna State Governor, Nasir El-Rufai, against the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and other respondents.....KINDLY READ THE FULL STORY HERE▶

Justice Joyce Abdulmalik set the date after lawyers representing the parties adopted their respective court processes.

However, El-Rufai’s lawyer was absent when the case was initially called. The judge subsequently deemed the former governor’s filed processes adopted.

Counsel to the ICPC, Abdul Mohammed (SAN), adopted the commission’s court processes and urged the judge to dismiss the suit in its entirety.

Similarly, the lawyer representing the Inspector-General of Police, ACP Ezekiel Rimamsomte, and Maimuna Lami-Shiru, Director of Civil Litigation and Public Law, who appeared on behalf of the Attorney-General of the Federation (AGF), adopted their respective processes and asked the court to dismiss the case.

During the proceedings, El-Rufai’s lawyer, Ubong Akpan, arrived in court and apologised for his lateness.

When Akpan sought the court’s permission to adopt his client’s processes, Justice Abdulmalik informed him that the documents had already been deemed adopted.

The judge subsequently adjourned the matter until December 2, 2026, when judgment is expected to be delivered.

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Breaking: Senate Approves Tinubu’s Picks For Two Federal Commissions.

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The Senate has confirmed Dr Salamatu Hussaini Suleiman as Chairman of the National Human Rights Commission (NHRC) and Dr Abdullahi Maikano Saidu as Executive Chairman of the Fiscal Responsibility Commission.....KINDLY READ THE FULL STORY HERE▶

Suleiman’s confirmation was approved alongside that of 10 other members of the NHRC, while Saidu was confirmed together with six other members representing Nigeria’s six geopolitical zones.

President Bola Tinubu nominated the appointees, Naija News reports.

The Senate’s approval clears the way for the nominees to assume their respective positions in the two federal commissions.

Meanwhile, President Tinubu has forwarded a bill to the Senate seeking to expand Nigeria’s legal framework for transferring convicted offenders to and from countries outside the Commonwealth.

The proposed legislation, known as the Transfer of Convicted Offenders (Enactment and Enforcement) Amendment Bill, 2026, was presented in a letter read by Senate President Godswill Akpabio during plenary on Tuesday.

The bill seeks to amend the Transfer of Convicted Offenders (Enactment and Enforcement) Act, Cap. T16, Laws of the Federation of Nigeria, 2004.

Under the proposed amendment, the President would be empowered to extend the provisions of the Act to any country with which Nigeria has entered into a prisoner-transfer agreement. Such an extension would be made through an order published in the Federal Gazette.

Tinubu explained that the amendment would provide the legal backing required to implement agreements reached between Nigeria and foreign governments on the transfer of convicted persons.

According to the President, the proposed law would establish a framework for enforcing such arrangements with countries outside the Commonwealth, giving the Federal Government greater flexibility in negotiating and implementing prisoner-transfer agreements.

Such agreements generally allow inmates to serve their sentences in another country under mutually agreed conditions while addressing the legal and administrative challenges associated with transferring prisoners across borders.

In his letter to the Senate, Tinubu urged lawmakers to give the bill urgent consideration.

“While it is my hope that the Senate will consider this submission expeditiously, please accept, Distinguished Senate President and Distinguished Senators, the assurances of my highest consideration,” he stated.

The bill was transmitted to the National Assembly pursuant to Section 58(2) of the 1999 Constitution, as amended. It must undergo the required legislative process before it can become law.

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