Business
Crypto Crackdown: Binance Executives Arrested In Nigeria
Two senior executives at Binance have been detained in Nigeria as the country cracks down on cryptocurrency exchanges, the Financial Times reported on Wednesday, citing people familiar with the matter.
The crackdown follows a period after several cryptocurrency websites emerged as platforms of choice for trading the Nigerian currency, which has suffered chronic dollar shortages.
The naira’s official exchange rate has been trading at levels close to the parallel market level after the currency was devalued last month, its second adjustment in less than a year.
Africa’s largest economy has been experiencing crippling dollar shortages that have pushed its currency to record lows after foreign investors fled following a previous oil price collapse and introduction of capital controls in 2015.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
MP Anthony Kibagendi Assault and Injures Kisii Man He Accuses Of Sleeping With One Of His Girlfriends
KDC Rocked With Fresh Sh500 Million Tender Scam
Thirty-Two Hotels Sue South Sudan Government Over $60 Million Unpaid Bills
Odinga Family Appeals For Financial Support To Help Cover Funeral Expenses For Beryl
How Joining DCP Jinxed Kenga By Losing To ODM’s Kombe by 21 votes in 2022 and by 9,002 votes in 2025
How Dinesh Construction Engaged In Tax Fraud Using ‘Missing Trader’ Scheme
Netanyahu Submits Pardon Request In Israel Corruption Cases
Spanish Firm Unable To Raise Sh185 Million Security Cost In Sh10 Billion Debt Case With Ketraco
Kalonzo: We Have Evidence Ruto Interfered With Malava and Mbeere North Results, We’re Going To Court
Gachagua Says Kalonzo Has Agreed to Surrender All Nairobi Seats From Governor To MCA to DCP in 2027 Deal
Kenyan Driver Hospitalized After Dubai Assault for Rejecting Gay Advances, Passport Seized as Authorities Remain Silent
Kakuzi Investors Face Massive Loss as Land Commission Drops Bombshell Order to Surrender Quarter of Productive Estate
SAFARICOM’S M-SHWARI MELTDOWN: TERRIFIED KENYANS FLEE AS BILLIONS VANISH INTO DIGITAL BLACK HOLE
INSIDER LEAK REVEALS ROT AT KWS TOP EXECUTIVES
Construction Of Stalled Yaya Center Block Resumes After More Than 3 Decades and The Concrete Story Behind It
LANDLORD FROM HELL: Daniel Agili Ojijo’s Empire of Evictions, Unpaid Wages, and Sham Auctions Leaves Trail of Terrorized Tenants
How A Fake Firm Was Awarded A Sh230 Million Tender By Kiambu County
CNN Reveals Massive Killings, Secret Graves In Tanzania and Coverup By the Govt
BANKS BETRAYAL: How Equity Bank Allegedly Helped Thieves Loot Sh10 Million From Family’s Savings in Lightning Fast Court Scam
How Somali Money From Minnesota Fraud Ended In Funding Nairobi Real Estate Boom, Al Shabaab Attracting Trump’s Wrath
-
News5 days agoKenyan Driver Hospitalized After Dubai Assault for Rejecting Gay Advances, Passport Seized as Authorities Remain Silent
-
Business2 weeks agoKakuzi Investors Face Massive Loss as Land Commission Drops Bombshell Order to Surrender Quarter of Productive Estate
-
Investigations2 weeks agoINSIDER LEAK REVEALS ROT AT KWS TOP EXECUTIVES
-
Business6 days agoConstruction Of Stalled Yaya Center Block Resumes After More Than 3 Decades and The Concrete Story Behind It
-
Investigations1 week agoCNN Reveals Massive Killings, Secret Graves In Tanzania and Coverup By the Govt
-
Business2 weeks agoBANKS BETRAYAL: How Equity Bank Allegedly Helped Thieves Loot Sh10 Million From Family’s Savings in Lightning Fast Court Scam
-
Investigations1 week agoHow Somali Money From Minnesota Fraud Ended In Funding Nairobi Real Estate Boom, Al Shabaab Attracting Trump’s Wrath
-
News2 weeks agoEXPOSED: How Tycoon Munga, State Officials, Chinese Firm Stalled A Sh3.9 Trillion Coal Treasure In Kitui