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Binance Urges Release of Detained Executive Tigran Gambaryan, Offers to Resolve Issues with Nigeria

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On Tuesday, Binance Holdings Limited announced its willingness to address and resolve any alleged past issues with the Nigerian Government.

The cryptocurrency trading platform made this declaration in response to the ongoing legal troubles facing its executive, Tigran Gambaryan, who was detained and arraigned at the Federal High Court in Abuja on Monday on charges of money laundering.

Binance has called on the Nigerian Government to release Gambaryan, who appeared in court under distressing conditions.

According to reports, Gambaryan was denied a wheelchair and had to navigate the courtroom on crutches, visibly suffering from pain.

His legal team had submitted a new bail application based on medical grounds and the claim of restricted access for trial preparations.

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However, the Economic and Financial Crimes Commission (EFCC) opposed this bail application.

Binance condemned the Nigerian Government’s handling of Gambaryan, highlighting a video circulating online that depicts his mistreatment and suffering.

The company expressed deep concern over his deteriorating health and the impact of his continued detention.

In response to these developments, the judge has ordered that Gambaryan be permitted to use a wheelchair, with a further bail hearing scheduled for September 4.

In its statement, Binance emphasized its commitment to resolving past issues through constructive dialogue, referencing its recent resolutions with Brazil and India as examples of how historical disputes can be settled effectively and legally.

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The company stated, “Nigeria does not need to keep Tigran in detention to address any alleged issues.

We continue to urge the Nigerian Government to allow Tigran to return home so we can proceed with our engagements. This aligns with the international standards for business practices and legal resolutions.”

Binance’s appeal underscores its desire for a resolution that respects legal standards and ensures fair treatment, reflecting its broader commitment to addressing regulatory matters through dialogue and legal compliance.


 

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NIHSA Warns of Imminent Flooding as Cameroon Releases Water from Lagdo Dam

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The Nigeria Hydrological Services Agency (NIHSA) has alerted Nigerians residing in flood-prone areas to relocate, following the release of water from Cameroon’s Lagdo Dam into River Niger and River Benue.

The release, which began on September 18, 2024, poses flood risks to 11 states, including Adamawa, Kogi, Benue, and Bayelsa.

NIHSA urges individuals to clear drainages and avoid floodplains. This comes days after severe flooding in Borno killed over 30 people.


 

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Israel Acknowledges Role in Escalating Conflict with Hezbollah Amid Deadly Attacks

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Israel admitted to initiating a “new era” of war after two consecutive days of explosive attacks targeting Hezbollah in Lebanon.

On Tuesday, pager explosions killed several, including children, and wounded over 2,800. A second wave on Wednesday, involving walkie-talkies and phones, killed at least 20 and injured 450.

One explosion occurred during a Hezbollah funeral, with reports suggesting Hezbollah’s elite Radwan unit was heavily impacted. Israel believes the death toll is higher than officially reported.


 

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Soso Soberekon Urges Women to Choose Men with Vision, Not Just Physical Desires

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In a recent Instagram post, Nigerian entertainment figure Soso Soberekon advised women to focus on men with a clear vision and long-term plans instead of being swayed by physical attributes.

He highlighted that a big penis won’t raise children and encouraged women to seek meaningful relationships with partners who can build a future.

Soberekon’s message stirred a range of reactions online, sparking a lively conversation in the comments.


 

 

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