On February 28, Tigran Gambaryan, the head of financial crime compliance for one of the world’s largest cryptocurrency exchanges, Binance, was arrested in Nigeria for allegedly laundering $34,400,000 through the…
The International Monetary Fund (IMF) is urging the United Kingdom to stabilize its national debt levels through either tax increases or budget cuts. The IMF has cautioned London against introducing…
A Nigerian court explained that Tigran Gambaryan was likely to flee the country. “The fact that the passport of the defendant is with the complainant does not guarantee that he…
“We were forced to react vigorously and suspend around 40 cooperatives and buyers to put an end to this practice, which is destabilizing the domestic marketing system and putting some…
China sells record amount of U.S. Government debt to move away from dollar following Russia’s reserve seizure. The share of gold in China’s reserves hits highest level since 2015.
This initiative aims to address the current tax system where businesses face multiple payments to different government institutions, including the Tanzania Revenue Authority (TRA) and local councils, a practice that…
