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    Nigerian authorities seeking a $79.5B penalty against Binance

    Nigerian authorities seeking a $79.5B penalty against Binance

    Nigeria’s federal government has sued Binance for a $79.5B penalty. The government demands $2B in back taxes for 2022-2023. Binance is accused of tax evasion and operating without a license. In an unprecedented escalation of legal confrontations, Nigeria’s federal...
    Nigeria Eyes Crypto Tax Revenue

    Nigeria Eyes Crypto Tax Revenue

    Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange Commission (SEC) has...
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