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Charges Against Binance Executive Tigran Gambaryan Dropped

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The federal government has dropped the money laundering charges against Tigran Gambaryan, an executive at Binance Holdings Limited. Earlier this year, in April, the Economic and Financial Crimes Commission (EFCC) had filed charges against Binance and Gambaryan, accusing them of money laundering activities.

Gambaryan, a U.S. citizen, had been detained since February due to an investigation into the alleged manipulation of the naira by the cryptocurrency firm. On Wednesday, an EFCC lawyer informed the Federal High Court in Abuja about the withdrawal of charges, clarifying that Gambaryan was simply an employee carrying out his duties at Binance.


 

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10 Businesses to Invest in 2026: Best Sectors, Stocks, and Companies to Watch

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  • MTN Nigeria Communications Plc (MTNN) – Strong telecom growth and 5G expansion.
  •  Dangote Cement Plc (DANGCEM) – Leading cement maker benefiting from infrastructure demand.
  •  Guinness Nigeria Plc (GUINNESS) – Consumer stock with solid turnaround potential.
  • Okomu Oil Palm Plc (OKOMUOIL) – Agriculture stock tied to palm oil demand.
  • Seplat Energy Plc (SEPLAT) – Energy player with gas and oil sector exposure.
  • Zenith Bank Plc (ZENITHBANK) – Tier-1 bank with strong financial performance.
  • Guaranty Trust Holding Company Plc (GTCO) – Leading bank with diversified revenue streams.

     

  • Presco Plc (PRESCO) – Palm oil producer with export and dividend potential.
  • NASCON Allied Industries Plc (NASCON) – FMCG stock with strong fundamentals.
  • Aradel Holdings Plc (ARADEL) – Growing energy sector stock with upstream exposure.

 

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BATNF, NYSC Collaborate to Promote Agribusiness Among Corps Members

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It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.

The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.

The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.


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Government Pledges Support for Women in Livestock Development Says Minister Maiha

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Idi Mukhtar Maiha, Minister of Livestock Development, has revealed the government’s intention of placing women in the livestock transformation agenda that they have in store for Nigeria.

During a recent event, he praised women, describing them as the backbone of the country, and shared that the country will keep on needing their support, hence the inclusion of the agenda team.

He also praised the First Lady for the impact she has made in the country so far and her advocacy for women’s empowerment.


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