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

GOVERNOR IHEDIOHA SWEARS-IN NEW ECONOMIC ADVISER.[PHOTO}.

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      On Monday, His Excellency, Governor Emeka Ihedioha, swore-in Dr Abraham Nwankwo as the Chief Economic Adviser to the State.
Dr Abraham Nwankwo before his appointment served as the the Director-General of Nigeria's Debt Management from 2007. He joined the agency as an Assistant Director in 2001.
Dr. Abraham Nwankwo holds a Ph.D degree in Economics from the University of Nigeria Nsukka, where he also obtained his Bachelors and Masters degrees in the same discipline. He was the first PhD graduate in Economics produced by the University of Nigeria Nsukka, 25 years after the institution was established.
After a few years of lecturing at the same University, Dr Nwankwo enjoyed a versatile career in banking and finance where he rose to top management positions.
Dr. Abraham Nwankwo veered into public service in 2001 when he joined Nigeria's Debt Management Office. In 2007 he became the Director-General of the agency.
As the DG of Nigeria's Debt Management Office, Dr Abraham Nwankwo conducted a Debt Sustainability Analysis of every State to determine whether or not to approve each request for new borrowing. The analysis led to a significant reduction and mitigation of risk of over-borrowing by the States.
Dr Abraham Nwankwo has also been on the Board of the World Bank, where he served as the Senior Advisor to the Executive Director (Africa II Constituency).
Dr Abraham Nwankwo is the author of over 5 books, which includes his 2011 Economics classic -- Stable Growth and Foreign Exchange.
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