LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...
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FG DROPS ALL CHARGES AGAINST BINANCE EXECUTIVE GAMBARYAN.(PHOTO).

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 FG Drops All Charges Against Binance Executive Gambaryan


The Federal government has dropped all charges against an executive at Binance Holdings, Tigran Gambaryan on health grounds.


Gambaryan has been facing money laundering trial from detention since April.


A Counsel for the Economic and Financial Crimes Commission (EFCC), announced the withdrawal of the charges at the Federal High Court Abuja, before Justice Emeka Nwite.


The hearing is coming two days before the 25 October earlier scheduled as the return date by the trial judge in the open court last Friday.


Announcing the withdrawal of the charges, the EFCC lawyer said Mr Gambaryan, a United States citizen, was merely an employee of Binance, whose activities he was being prosecuted for.


Counsel to Gambaryan, Mark Mordi, agreed with the prosecution, saying that his client was not involved in the company’s broader financial decisions.


The trial judge, Justice Emeka Nwite, had rejected his second bail application on 11 October, ruling that Mr Gambaryan’s grounds of ill health were not sufficient to release him from detention.


The judge then fixed 18 October for continuation for trial but mister Gambaryan was absent on health grounds, according to prison.


The judge then rescheduled the trial for 25 October, which appears to have now been overtaken by the event of Wednesday’s unpublicised hearing.

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