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Binance Allegations Provide Evidence or Face Consequences- Agbese

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The Deputy Spokesman of the House of Representatives and Honourable member representing Ado. Okpokwu and Ogbadibo federal constituency of Benue State, Philip Agbese has told the finance executives to provide evidences of the 150 million dollars bribe he and two other lawmakers demanded from them or face the consequences.

Agbese in a statement he personally issued and signed in Abuja said he was outraged by the false allegations made by Tigran Gambaryan, an executive of the controversial crypto firm Binance, claiming that he was among those who demanded a $150 million bribe from him.

Agbese said the allegations are false.

“I was not part of any meeting with any Binance executive regarding money for any purpose. The leadership of the Committee took the matter to court, and Binance has already apologized.

“Let it be on record that I am not a member of the Committee on Economic and Financial Crimes. I visited my colleague, Hon. Peter Ankpanke, in his office, where he was meeting with some visitors about an activity of his Committee, with Hon. Peter Anakwe, a member of the Committee present. We exchanged pleasantries and, in character with my person as an avid pursuer of knowledge, discussed Binance’s activities that did not include any demand from anyone.

“It was during this visit to the office of Hon. Peter Ankpanke, with Hon. Peter Anekwe present, that he told me they were interfacing with Binance Team from abroad over a referral to their Committee. What transpired between the two of them and the Binance executive after I left the office is left to them. I never saw those visitors again after that chance meeting and did not afterwards attend any meeting with Binance executives, the EFCC, or the DSS.

“I am aware that when this issue was first raised, the Chairman of the Committee went to court and Binance apologised. So, all inquiries should be directed to the Committee, not to Hon. Philip Agbese.

” I have never used any cryptocurrency as I do not have a crypto wallet anywhere in the world, so I could not have asked for funds to be credited to a non-existent wallet.

“Gambaryan and his associate, who escaped from prison, should return to the EFCC and defend themselves. Instead of trying to implicate me, they should focus on addressing the allegations against them.
As a consequence of the foregoing, I demand that Tigran Gambaryan publishes any evidence that links Hon. Philip Agbese to the issue. The man has spewed many other lies in his report about the government demanding information on opposition elements and other outrageous claims. I further demand that, failing to provide evidence as stated, Tigran Gambaryan must cause a retraction of his malicious claims and publication and apologise to me within the next 7 days or face legal action from my lawyers.

“This is not the first allegation against me by a foreign entity. The first was that I work for the past government and the Armed Forces to promote Nigeria’s agenda, which shows the extent of desperation by entities that are interested in undermining public office holders they perceive as nationalistic” he said

EFCC Uncovers Alleged Chinese Conspiracy to Disrupt Nigeria’s Economy

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Some Chinese nationals have been charged by the Economic and Financial Crimes Commission (EFCC) with attempting to undermine the social and economic order of the Federal Republic of Nigeria.
According to reports, a Chinese woman named Bei Bei Linde Jun and her business were charged by the anti-graft office with hiring a number of young Nigerians for identity theft and other computer-related fraud.
Linde Jun was one of 11 Chinese who were arraigned by the EFCÇ on Friday on various accusations related to identity theft, advance fee fraud, possession of documents with false pretenses, cybercrimes, and cyberterrorism.

In a surprise operation known as the “Eagle Flush Operation,” EFCC officers detained 792 members of a gang of suspected cryptocurrency investment and romantic fraud suspects in Lagos on December 10, 2024.
Lu Niu, Xiao Qinyun, Fu Zheng Yang, Xiao Yi, Li Hang, Huan Livo, Wang Wei Tong Mo Ying, Gao Yang, Zebin Chen, and Yuan Zhibin are the other defendants.

The charge against Jun is as follows: “That you, BEI BEI LINDE JUN, (Female), adult, and GENTING INTERNATIONAL CO. LIMITED, sometime between November 28, 2024, and December 10, 2024, at No. 7, Oyin Jolayemi Street, Victoria Island, Ikoyi, Lagos, within the jurisdiction of the Federal High Court of Nigeria, with intent to defraud, willfully caused to be accessed, computer systems which were organized to destabilize the social and economic structure of the Federal Republic of Nigeria, when you covertly hired and procured several Nigerian youths for identity theft and other computer-related fraud, and thereby committed an offense, in violation of and subject to punishment under Section 18 of the Cybercrimes (Prohibition, Prevention, Etc.,) Act, Laws of the Federation of Nigeria, 2015 As amended.

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“That you, LI NIU, occasionally in 2024 in Lagos within the jurisdiction of this Honorable Court, had in your possession documents where you represented yourself as ‘LISA’ and that you are a female from Singapore, are representation which you knew or ought to have known is false, and you thereby committed an offense contrary to Section 6 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under section 1(3) of the same Act,” according to Niu’s charge.

When the allegations were read to them, they all entered “not guilty” pleas. Prosecutors Ahmed Yerima, F.S. Mohammed, A.M. Dambuwq, and N.C. Mutfwang then requested a trial date and the defendants’ custody in a correctional facility.

Judge Aneke ordered the defendants to be held in the Ikoyi and Kirikiri Correctional Centers and postponed the trial to March 14 and 21, 2025.

“Free Him, Take Off the Beads” – 2Baba’s Mother Appeals to Edo Lawmaker

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Nigerians have been urged by the mother of music legend Innocent Idibia, better known by his stage as 2face, to distance herself from Edo State politician Natasha Osawaru.
In a heartfelt video that went viral, Mrs. Rose Idibia urged mothers everywhere to step in and blamed her son’s behavior on the psychological effects of his protracted divorce from Annie Idibia.
The video included her saying, “Good evening, Nigerians.” 2face’s mother, Mrs. Rose Idibia, is my name. This is a message for Edo State’s Miss Natasha Osawaru. I’m pleading with all Nigerian mothers to assist me in begging her to release my son.

“My son is going through a divorce process, and it’s obvious that he’s lost his mind at this point. I am familiar with my son. He’s not like that.

“Please, Natasha, take off the beads you put on his neck and hand so he can be free.”

The tearful appeal reportedly followed the release of a video purporting to show 2face popping the question to Osawaru at a private gathering.

Read Also: Trailer Overturns on Muhammadu Buhari Bridge, Sparking Tragedy in Kano

2face responded to the criticism by addressing rumors on Instagram and reaffirming his support for Osawaru, saying, “I’ve seen false narratives spreading.” Hon. Natasha doesn’t break into houses. My problems with Annie had nothing to do with her. I want to marry her because I adore her.

Mrs. Idibia’s appeal has not yet received a response from Natasha Osawaru, who was elected by the PDP in 2023 to the Edo State House of Assembly for the Egor Constituency.

Online, there have been strong reactions to the matter, with people lining up in favor of 2face and Mrs. Idibia. The drama continues to split the people.

Trailer Overturns on Muhammadu Buhari Bridge, Sparking Tragedy in Kano

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Several people were killed and injured in a horrific accident that happened Thursday at Kano’s well-known Muhammadu Buhari Bridge.
Residents and commuters were in a state of panic following the collision, which involved a trailer traveling to the southern region of the nation.
Yahya Abubakar Sadiq, a social media user, reported the incident on his page, claiming that the trailer overturned while transporting both persons and cargo.

Currently, a truck (Tarela) carrying both passengers and commodities has overturned at Hotoro NNPC, beneath the bridge that connects Mariri and Unguwa Uku. There were at least twenty persons engaged, some of whom died and others who were seriously injured,” he stated.
Speaking to Daily Trust, another eyewitness, Shu’aibu Hamisu, recounted the terrifying event, claiming that the trailer lost control while traveling under the underpass tunnel.

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The trailer entered the underpass by slipping. While several people died instantly, others were saved,” he stated.

According to reports, the same location has seen several similar instances in the last 12 months.

Trailers carrying passengers, food, and animals from the north to the south of the country are frequently engaged in these collisions, according to local business owners in the area.

“Usually, these accidents happen when drivers underestimate the vulnerability of their vehicles under the bridge and try to speed through the underpass,” a business owner told Daily Trrust.

Interior Minister Slams Canada for Rejecting CDS Visa

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The Canadian Embassy’s decision to refuse Nigeria’s Chief of Defense Staff, General Christopher Musa, a visa has been denounced by Interior Minister Olubunmi Tunji-Ojo.
According to reports, General Musa made the denial public during the National Association of the Institute for Security Studies’ first annual lecture in Abuja.
He said that his crew and he were denied permits to travel to Canada to attend a veterans’ event.

Speaking Friday on Channels Television’s Sunrise Daily, Tunji-Ojo denounced the embassy’s actions as an affront to Nigerian sovereignty.
Without knowing all the details, he said, “I believe that even for us, it is a policy; as I always say, the issue of reciprocity has to be given due consideration.” The subject of visas and migration management are sovereign matters, even though we are not prepared to intrude on other countries’ sovereignty.

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As much as we would like to avoid becoming involved, I believe that without knowing the facts, it is disrespectful to the nation and to us as a people, even though it is not disrespectful to the chief of defense staff. I’m concerned for the typical Nigerian if it can happen to the chief of defense staff.

The Minister stated that he is having difficulty finding an explanation for Canada’s move, pointing out that even if the embassy had questions, they could have been asked through diplomatic channels.

He expressed his confidence that the Ministry of Foreign Affairs will take the required actions to guarantee that the two countries respect one another and find a diplomatic solution to the problem.

CBN Reassures Nigerians on Keystone Bank’s Strength Amid Legal Ruling

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The public has been reassured by the Central Bank of Nigeria (CBN) that Keystone Bank Limited is still stable and fully functional in spite of a court ruling that forfeits the bank’s shares to the Federal Government.

In a statement released on Friday by Mrs. Hakama Sidi Ali, the bank’s acting director of corporate communications, the apex bank expressed concern over the situation but insisted that there is no reason for alarm.
To be clear, the Court Order only confirmed the Central Bank of Nigeria’s earlier choice to assume control of Keystone Bank Limited in January 2024 after a leadership transition, the statement said.

In order to guarantee adherence to regulatory requirements, operational transparency, and depositor protection, the CBN stated that it has since been keeping an eye on the bank’s activities.

Since then, the CBN has kept a careful eye on the bank’s operations to make sure they fully adhere to deposits’ interests, operational transparency, and regulatory standards.

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As part of our dedication to protecting the financial system and fostering public confidence, we will keep an eye on the bank’s operations. To safeguard the interests of stakeholders, employees, and depositors, we will take all required actions,” the regulator said.

Consumers who wanted further information were encouraged to visit any of Keystone Bank’s branches or send their questions to the bank’s customer service.

Following regulatory actions taken by the CBN to improve governance and guarantee the stability of the financial system in Nigeria’s banking industry, the court-ordered forfeiture was implemented.

After the court dissolved its previous shareholder, Sigma Golf Nigeria Limited, Keystone Bank Limited declared that the Federal Government of Nigeria now owns all of the company.

Following the Lagos State Special Offenses Court’s ruling against Sigma on Tuesday, February 11, 2025, in a case brought by the Economic and Financial Crimes Commission (EFCC), the bank made this announcement in a statement. The court was located in Ikeja, Lagos.
In an alleged N20 billion fraudulent diversion case, Sigma Golf Nigeria Limited was also found guilty and ordered to wind up (dissolve) by the court.
The case brought by the EFCC against Ahmed Kuru, the former managing director of the Asset Management Corporation of Nigeria (AMCON), and the corporation (as a co-defendant) was decided by Justice Rahman Oshodi.
The former AMCON CEO and Sigma Golf Nigeria Ltd. were charged by the EFCC with six revised counts that included alleged conspiracy and theft.
According to the EFCC, the defendants transferred N20 billion from AMCON to Sigma Golf Nigeria Ltd. via Heritage Bank in order to purchase Keystone Bank stock.

It stressed that the security of depositors’ money and the stability of the banking industry continue to be of utmost importance.

CDS Musa’s Visa Rejection: Gambaryan Blasts Ribadu for Criticizing Canada

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Nigeria’s National Security Adviser (NSA), Nuhu Ribadu, has been called a hypocrite by Tigran Gambaryan, Head of Financial Crimes Compliance at Binance.
According to reports, General Christopher Musa, the Chief of Defense Staff, described on Thursday how the Canadian embassy refused to provide him and other senior military officers visas.
General Musa claims that he and other senior military officials were invited to Canada for a Veterans Day ceremony on Wednesday, but their visas were refused by the Canadian embassy.

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Musa stated, “Every disappointment is a blessing,” during the National Association of the Institute for Security Studies’ (AANISS) inaugural annual lecture in Abuja. I should have arrived in Canada yesterday, Wednesday. We were supposed to be present at an event honoring our troops and those wounded in combat.

Speaking during the AANIS lecture, Ribadu called the visa denial a betrayal of Nigeria.

“I appreciate your bravery in stating that Canada refused your visas. Hell is an option for them.

“We are peaceful and strong, and I agree with you that it is time to fix our country, even though it is painful and rude. However, this is yet another reason we want to make Nigeria function,” he said.

In response to the report, Gambaryan, who was imprisoned in Nigeria by the NSA’s office, claimed that Ribadu had no right to protest the treatment of those invited to Canada as he treated him and other invited people in Nigeria the same way.

Nuhu Ribadu is whining about how people who were invited to Canada were treated. It’s really wealthy. How did you treat the people you invited to Nigeria? On Friday, he posted on his X handle, “The hypocrisy is real.”

Egbetokun Appeals to Senate for Private Hearing on 3,907 Missing AK-47s

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Kayode Egbetokun, the Inspector-General of Police (IGP), has called on the Senate to look into the purported disappearance of 3,907 assault rifles for security-related reasons behind closed doors.
Egbetokun rejected the 2019 Auditor-General for the Federation’s report, which stated that thousands of weapons were missing or unaccounted for in the police arsenal as of January 2020, calling it false in a letter sent to the Senate.
48 hours after a rigorous investigative hearing in which senior police officials, including the IGP himself, appeared before the Senate Committee on Accounts and found it difficult to respond to the Auditor-General’s report on missing firearms, Senate President Godswill Akpabio read the letter following the passage of the 2025 budget.
In order to avoid giving the wrong impression to Nigerians and the foreign community, the letter says, “We appreciate the Senate committee’s investigation into the alleged missing firearms and urge the committee to conduct future hearings on sensitive security issues in camera.”

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Hearings on these delicate security matters should be held behind closed doors in order to preserve national security interests, avoid disinformation, and for more open dialogue and fact-finding.

Additionally, the IGP asked the lawmakers to extend their time so they could look into the issue internally.

Olumuyiwa Adejobi, the force’s spokesperson, told reporters in Abuja in response to the audit report yesterday that every attempt had been made to account for the weapons that were removed, but that many of them had been returned to the force’s current arms holdings.

EFCC Raises Concern Over Yahoo Boys Engaging in Rituals, Banditry

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Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has defended the agency’s stepped-up efforts to combat online scammers, also referred to as Yahoo guys, by highlighting the wider security threat they currently represent.
Speaking to a management team at the EFCC’s corporate offices in Abuja on Thursday, Olukoyede disclosed that Nigeria lost more than $500 million to online fraud in only one year.
He emphasized that online frauds today include violent crimes like ritual killings, arms trafficking, and kidnapping in addition to financial fraud.

“We’re working on it. Despite having a small staff, we received over 11,000 petitions, looked into almost 9,000, and prosecuted almost 5,000 instances in the past year alone. Olukoyede stated, “Some people criticize us for targeting Yahoo Yahoo boys, but they don’t comprehend the seriousness of the crime.”

“Scamming individuals is no longer the only thing involved. They currently engage in ritual killings, banditry, and kidnapping. Horrifying information, including as instances when young female victims were utilized for rituals, have been revealed by some of our investigations.

“We might not have a generation to confidently pass this country on to in the next ten years if we don’t take decisive action,” he continued.

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Olukoyede emphasized the EFCC’s dedication to internal accountability in addition to combating cybercrime, pointing out that 27 commission workers were fired in the previous year for corruption-related infractions.

“You cannot be corrupt while opposing corruption. I have openly urged anyone with proof that I have accepted bribes over my years of service to come forward. In this battle, integrity is crucial, and we have to set an example,” he said.

The head of the EFCC also urged the media to help fight corruption by doing investigative reporting that highlights the agency’s accomplishments as well as corruption.

In the battle against corruption, the media has always played a significant role. Many financial crimes in the early 2000s were discovered by media before the EFCC was created. We must go back to the time when law enforcement and the media collaborated to safeguard the nation,” he said.

CNG Criticizes Ganduje for Urging North to Drop 2027 Presidential Bid

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Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC), has come under fire from the Coalition of Northern Groups (CNG) for pushing northern politicians to put off running for president until 2031 in order to give President Bola Tinubu two terms.
In a statement released on Thursday, Jamilu Charanchi, the national coordinator for the CNG, called Ganduje’s comments “deeply troubling and disheartening” and charged that he put his own interests ahead of those of the area.
The Arewa Consultative Forum (ACF) also voiced their opinions, with Prof. Tukur Muhammad-Baba, the ACF’s National Publicity Secretary, stating that his prior remarks on the matter were personal and not the ACF’s position.

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“I didn’t speak as ACF’s National Publicity Secretary; I spoke in my own capacity. “The ACF does not take partisan stances and has not convened to discuss this issue,” he wrote in a follow-up email to Punch.
In a statement issued on Thursday, the CNG allegedly accused Ganduje of prioritizing his personal interests over the advancement of the country and questioned whether he was satisfied with the existing situation.

We are really disturbed and discouraged by Ganduje’s decision to disassociate himself from the depressing facts,” it stated.

As a result, CNG wants to know if Ganduje is content with the dire poverty, high rates of inflation, ongoing instability, frequent power outages, deteriorating educational standards, and a failing healthcare system that exist today.

Does he take pleasure in Nigeria’s failing economy? Does he consider these shortcomings to be justified or acceptable?

Is he implying that, in spite of all these shortcomings, President Tinubu merits another term in office just by removing himself from the facts?

Is it correct to say that he put his own interests ahead of the advancement of our beloved nation? Should that be the case, we need to consider if this position is consistent with the principles of justice, equity, and responsibility that our people cherish.

As an older statesman, Ganduje should prioritize competence, integrity, and respect for the rule of law, regardless of the president’s origins, the CNG noted.

“We firmly disagree with his stance and encourage Nigerians to select their leaders on the basis of their ability, competence, honesty, and adherence to the law,” the statement continued.