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...

TRUMP PARDONS BINANCE FOUNDER CHANGPENG ZHAO AFTER CONVICTION. (PHOTO).


 Trump pardons Binance founder Changpeng Zhao after conviction

President Donald Trump has granted a pardon to Binance founder Changpeng Zhao, who had previously pleaded guilty to charges related to enabling money laundering while leading the cryptocurrency exchange.

The White House said the pardon was an exercise of Trump’s constitutional authority and criticized the previous administration’s prosecution of Zhao. White House Press Secretary Karoline Leavitt stated that the Biden administration pursued Zhao despite there being no allegations of fraud or identifiable victims, framing the case as part of a broader crackdown on the cryptocurrency industry.

Zhao, who pleaded guilty in November 2023 in Seattle federal court, agreed to step down as Binance CEO as part of a $4.3 billion settlement with the Department of Justice. He had been charged with violating the Bank Secrecy Act by failing to implement an effective anti-money-laundering program and willfully breaching U.S. economic sanctions. Binance itself faced charges of operating an unlicensed money-transmitting business, violating the International Emergency Powers Act, and conspiracy.

He was sentenced to four months in prison in April 2024, far below the three-year term sought by federal prosecutors. Leavitt highlighted that even the presiding judge had called the requested sentence unprecedented in their 30-year career. She added that the prosecution had harmed the United States’ standing in technology and innovation and declared that the “Biden administration’s war on crypto is over.”

The pardon follows Trump’s recent commutation of former New York Rep. George Santos’s 87-month prison sentence for wire fraud and aggravated identity theft.


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