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
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GOV. SANWO-OLU MOURNS HERBERT WIGWE. (PHOTO). #PRESS RELEASE

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 SANWO-OLU MOURNS HERBERT WIGWE



Herbert, my brother, my friend and my adviser. 


Herbert, the king of visionary and disruptive ideas.


I'm deeply saddened by the tragic loss of my dear brother and friend, Dr. Herbert Wigwe, his dear wife Doreen, and their beloved son Chizi in a helicopter crash. 


Herbert was not just a brother and visionary leader but one of the brightest minds in Africa. His impact on our nation and beyond will be remembered forever. My heart mourns.


Herbert’s contributions to Banking and the financial sector in Africa were unparalleled. He was an unapologetic believer in the Nigerian solution. His dedication and passion for progress inspired us all. Today, we mourn not just a leader but a true friend and brother. Lagos and Nigeria have lost a remarkable soul. Rest in peace, my brother.


We also lost another great business leader and legal luminary, my egbon Abimbola Ogunbanjo, former Group Chairman of Nigerian Exchange Group Plc, who contributed significantly to the development of the Capital Markets and Corporate law in Nigeria. May his soul rest in peace. 


In this difficult time, our thoughts are with the families of all the victims, and we pray for strength and grace.


Babajide Sanwo-Olu


Lagos State Governor


11th February 2024


Dr. Obafemi Hamzat 

Babajide Sanwo-Olu 

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