BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY . (PHOTO). #PRESS RELEASE.

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 FEDERAL MINISTRY OF INFORMATION AND NATIONAL ORIENTATION  PRESS STATEMENT  BINANCE FALSE CLAIM ON BRIBERY DIVERSIONARY  The Federal Government of Nigeria is aware of attempts by Binance to launder its impaired image as an organisation that does not play by the rules and laws guiding business conduct in sovereign nations. In a blog post that has now been published by many international media organisations, in an apparent well-coordinated public relations effort, Binance Chief Executive Officer Richard Teng made false allegations of bribery against unidentified Nigerian government officials who he claimed demanded $150m in cryptocurrency payments to resolve the ongoing criminal investigation against the company.  This claim by Binance CEO lacks any iota of substance. It is nothing but a diversionary tactic and an attempted act of blackmail by a company desperate to obfuscate the grievous criminal charges it is facing in Nigeria. The facts of this matter remain that Binance is being inve

FOUNDER OF IGI COMPANY REMI OLOWUDE,PASSED AWAY AT THE AGE OF 63.

The late IGI boss, Remi Olowude           Remi Olowude,who is the Executive Vice Chairman/Chief Executive oddicer,CEO,of Industrial and General Insurance {IGI} Company,died of prostrate cancer at the age of 63 over the weekend.Osun state Governor,Rauf Aregbesola in a statement through the Diector,Burea of Communication and Strategy,Mr Semiu Okanlawon said that ''The death of Olowude was a big blow to the Insurance world,Osun state and Nigeria as a whole.The late insurance guru was an invaluable asset in the Insurance sector.Olowude's death has undoubtedly robbed the nation and insurance sector of another great personality.Here was a man of immense qualities,who had employed to promote everything ideal in his life time.Olowude,unarguably,distinguished himself in the insurance and business sector to the extent that his name became a house hold name across the country.I,on behalf of the government and people of Osun offer our heartfelt condolences,to the immediate and extended families of the deceased as well as the insurance family''.The Lagos state government also issued an official statement,describing his death as a great loss to the insurance industry in particular and the world of entrepreneurship in general.Rest in Peace.

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