Presidential spokesman, Bayo Onanuga has said that cryptocurrency trading website Binance will destroy Nigeria’s economy if not checked.
Appearing on Channels Television’s Politics Today programme on Wednesday, February 28, Onanuga alleged that Binance is arbitrarily fixing foreign exchange rate.
He said;
“If we don’t clamp down on Binance, Binance will destroy the economy of this country. They just fix the rate. We have saboteurs. Look at what Binance is doing to our economy. That is why the government moved against Binance. Some people sit down using the cyberspace to dictate even our exchange rate, hijacking the role of the CBN.
“They just sit down and fix anything they like. It’s a sabotage and we are trying to prevent that from happening henceforth.”
Most Read Stories
Older Posts…
Inflation was caused by CBN printing N22.7trn under Buhari – Finance Minister
Minister of Finance, Olawale Edun, has said the Central Bank of Nigeria printing …
Simba Solar Launches Talegent Series To Solar Power Nigerian Homes
L-R: – Profit Center Head Service, Pramod KC, Profit Center Head Retail, Adebimp …
Singer Zlatan gifts his woman a Mercedes Benz on her birthday
Singer Zlatan gifted his woman, Davita, a Mercedes Benz and other luxury items a …
)
Man stabs two women to death at a Mexico University
A man fatally stabbed two women at a university in the western Mexico city of Gu …
_1709800927.jpeg)
UCH resident doctors commence 3-day strike over assault on member
The Association of Resident Doctors, ARD, at the University College Hospital, UC …
Mass grave with over 1,000 skeletons found in Germany (photos)
A mass grave containing at least 1,000 sets of remains, likely victims of a 1600 …
Elon Musk says he’s considering scrapping ‘likes’ and reposts on X posts
Elon Musk has announced that his social media company X is considering getting r …
Rapper Rick Ross and Cristina Mackey split after 6-months of dating
American rapper, Rick Ross and his girlfriend Cristina Mackey have ended their r …