News
Crypto Firm Breaks Silence On Binance Executive

Binance has said that its employee, Tigran Gambaryan, who is currently held in Nigeria, is not part of the company’s management team.
The crypto exchange giant clarified that Gambaryan, an American, only serves as a law enforcement officer and does not have the power to make decisions.
The company disclosed this in a statement sent to The PUNCH on Wednesday.
In February, Gambaryan and his colleague, Nadeem Anjarwalla from Binance Holdings Limited, were arrested in Nigeria on suspicion of involvement in money laundering activities.
Among other charges, the firm and the two employees were charged last Thursday for $35,400,000 money laundering at the Federal High Court, Abuja.
While Gambaryan remains in custody, Anjarwalla escaped and fled the country.
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Despite inquiries by The PUNCH regarding Anjarwalla’s whereabouts, Binance has yet to respond.
Part of Binance’s statement reads, “Tigran is a strict law enforcement professional and is not part of Binance management. While he has left the official service of the U.S. government, he has remained fully committed to the role of law enforcement officer ever since, operating as a global advocate for good governance and transparent regulatory financial practices.
“Binance respectfully requests that Tigran Gambaryan, who has no decision-making power in the company, is not held responsible while current discussions are ongoing between Binance and Nigerian government officials.”
The exchange explained that Gambaryan was hired in 2021 to help Binance fix past compliance issues.
Binance stated that as the head of Binance’s Financial Crime Compliance team, Gambaryan has been a strong advocate for the company to develop policies and build compliance capabilities that set new industry standards.
READ ALSO: Detained Binance Executive Drags EFCC, NSA To Court
“In 2022 and 2023, Tigran’s Financial Crime Compliance team assisted global law enforcement in freezing and seizing more than $2.2b worth of assets, including more than $285m in cooperation with United States agencies like the FBI, DOJ, DEA, and others,” it said.
According to Binance, Gambaryan and his team provided multiple training sessions for Nigerian crime fighters on the role of exchanges in the digital-asset ecosystem.
“This included a three-hour online workshop for 70 Nigerian EFCC officials in mid-2023 and, late last year, two full-day sessions for EFCC officials in Abuja and Lagos, with more than 30 investigators attending each of them,” the company noted.
The Economic and Financial Crimes Commission will arraign Binance Holdings Limited, Gambaryan, and Anjarwalla on Thursday on charges of $35,400,000 money laundering.
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The EFCC, having fully taken over the case from the Office of the National Security Adviser, has detained Gambaryan and obtained a court warrant to arrest and extradite Anjarwalla, who escaped custody.
On Monday last week, the Federal Government contacted INTERPOL and issued an arrest warrant for Anjarwalla’s arrest.
The PUNCH reported earlier that the EFCC is now partnering with the International Criminal Police Organisation, the United States Federal Bureau of Investigation, the government of the United Kingdom and Northern Ireland, and the Kenyan government to effect the arrest and extradition of Anjarwalla.
The Financial Times reported on February 28, 2024, that two executives of the company were arrested and detained after flying into the country following a ban on their website.
On March 12, 2024, the FT reported that the EFCC asked Binance to provide data on its top 100 users in Nigeria as well as all transaction history for the past six months.
This request is currently being negotiated between Binance and Nigeria.
PUNCH
News
Gov Mohammed Flags Off Construction Of 203.47-kilometre Rural Roads

Governor Bala Mohammed of Bauchi State has flagged off the construction of 203.47-kilometre rural roads in the state.
Speaking during the flagging off of the roads in Gamawa Local Government Area of the state on Monday, Mohammed said the road construction would be carried out with the Federal Government intervention under its Rural Access and Agricultural Marketing Programme (RAAMP).
According to him, the roads represented more than physical infrastructure but symbolises his administration’s vision of Bauchi state where no community was left behind, where development was fair and balanced and driven by the needs of the people with equity and justice.
“We are grateful to the federal government, we are grateful to the World Bank and all the development partners.
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“Roads are the architect of opportunities. They connect farmers to markets, women to healthcare, children to schools, security agencies to vulnerable communities and rural economy to national prosperity.
“For decades, many rural communities in Bauchi have suffered neglect. Roads became impassable during rainy seasons, farmers lost produce, students struggled to reach schools and sick people were unable to get timely medical attention,” he said.
Mohammed, who said that the days of neglect of the rural communities were over, added that RAAMP remained a key pillar for his transformative agenda and aligned with his Bauchi project 1&2.
He said RAAMP also aligned with the Bauchi Agricultural modernisation, inclusive development, improved governance, youth empowerment, poverty reduction and sustainable infrastructure.
READ ALSO:Bauchi Board Laments Low Teacher Turnouts In Training Exercise
According to him, RAAMP was not just about roads, it’s about connecting communities, boosting the rural economy and laying the foundation of lasting prosperity.
He highlighted the roads to include 26.8 kilometers Mararaba Liman Katagum-Boli-Kafinmawa-Mararaba Dajin roads, 14.75km Dargazu- Gambaki-Chinade-Gangai road, 28km Gamawa – Sakwa road.
Others included; 14.45km Misau- Beti- Maladunba roads, 6.6km Giade – Tagwaye road, 6.68km Yana-Fago road, 6.71km Mararraban Dajin- Dajin road, 36.65km Dott-Dado- Baraza road, 24km Lanzai-Papa road.
He further explained that the road construction also included 4.91km Gadar Maiwa- Zakara road, 25km Dagu-Ningi road, 8.86km Nabordo – Gadan Doka.
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The governor called on traditional rulers to support contractors and remained vigilant and provide intelligence on security and safety.
Also speaking, Engr. Aminu Mohammed, the National Coordinator (RAAMP)
Coordinator said that the state has disbursed over N6 billion in counterpart funding to RAAMP, making it one of the top performing states.
“These roads will open critical agricultural corridors, reduce travel time and post harvest losses, improve access to markets, schools and healthcare.
“It will also enhance rural productivity and inclusion, stimulate economic activities across all the three senatorial zones in the state,” he said.
He called on the contractors to deliver the project with the highest standard of engineering professionalism and compliance with environmental and social safeguard.
The Coordinator also called on the communities to take ownership of the roads and take care of and protect them.
News
Jimmy Cliff, Jamaican Reggae Legend, Cultural Icon, Is Dead

Jimmy Cliff, the Jamaican singer and actor whose music helped bring reggae to a global audience, has died at the age of 81.
His wife, Latifa Chambers, shared the news on Instagram, saying: “It’s with profound sadness that I share that my husband, Jimmy Cliff, has crossed over due to a seizure followed by pneumonia. I am thankful for his family, friends, fellow artists and coworkers who have shared his journey with him.
“To all his fans around the world, please know that your support was his strength throughout his whole career … Jimmy, my darling, may you rest in peace.” The message was also signed by their children, Lilty and Aken.
Cliff rose to international fame with hits including You Can Get It If You Really Want, I Can See Clearly Now, and Wonderful World, Beautiful People. His lead role in the 1972 film The Harder They Come further cemented his place in Jamaican cultural history and introduced reggae to wider audiences, particularly in the United States.
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He was one of only a few musicians, alongside Bob Marley, to receive the Jamaican Order of Merit.
Jamaican Prime Minister Andrew Holness paid tribute, calling him “a true cultural giant whose music carried the heart of our nation to the world … Jimmy Cliff told our story with honesty and soul. His music lifted people through hard times, inspired generations, and helped to shape the global respect that Jamaican culture enjoys today.”
Born in Saint James, Jamaica, in 1944, Cliff began his career in the early 1960s in Kingston, working with producer Leslie Kong. After early local success, he gained international attention through Island Records and by performing to diverse audiences in London. Cliff’s music often blended upbeat rhythms with socially conscious lyrics, addressing topics from war to social justice.
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In addition to his music, Cliff acted in several films, toured widely, and collaborated with artists including the Rolling Stones, Sting, and Wyclef Jean. His most recent album, Refugees (2022), won a Grammy for best reggae album, marking one of two wins from seven nominations over his career.
Jimmy Cliff, Jamaican reggae legend, cultural icon, leaves behind a legacy of music, film, and cultural influence that shaped both Jamaica and the world.
(The Guardian UK)
News
BREAKING: South-West Governors Hold Security Meeting In Ibadan

Governors of the South-West are meeting in Ibadan, the Oyo State capital, over the security situation in the region.
The governors in attendance are Seyi Makinde, Oyo, Dapo Abiodun, Ogun, Babajide Sanwo-Olu, Lagos, Lucky Aiyedatiwa, Ondo and Biodun Oyebanji, Ekiti.
Governor Ademola Adeleke of Osun State is represented by his deputy, Kola Adeusi.
According to reports, that the meeting was summoned to review the security situation in the South-West.
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Special Adviser on Media to Governor Seyi Makinde, Dr Sulaimon Olanrewaju, confirmed the development to DAILY POST on Monday afternoon.
Olanrewaju, in a brief telephone conversation with DAILY POST, noted that all the governors except Adeleke who sent his deputy are currently in the meeting.
He said, “The meeting has started. All the governors are present except Governor Adeleke who was represented by his deputy.”
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