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
OAU Unveils Seven-foot Bronze Statue Of Chief Obafemi Awolowo

…Yemisi Shyllon, other dignitaries praise Awo’s commitment to humanity
A giant bronze statue of the sage, Chief Obafemi Awolowo, was unveiled on Friday at the Obafemi Awolowo University (OAU), Ile Ife.
The statue, the worth of which was put at N120 million by the donor, has the sage dressed in his Senior Advocate of Nigeria (SAN) attire. It is of a height of seven feet, which goes to 15 feet after the inclusion of the pedestal.
Speaking at the unveiling, the Vice Chancellor of the university, Professor Adebayo Bamire, stated that the statue is a legacy project for the university.
Professor Bamire said the statue was a celebration of Chief Awolowo’s selfless service to humanity and expressed the appreciation of the university to the donor, Prince Yemisi Shyllon.
Prof Bamire noted that the life of Chief Awolowo should serve as a lesson for all to live for the good of the people.
“It is known that the soul of any civilisation, the very pulse of its humanity, beats strongest on its art, on its music, its literature, its visual splendour and its performances. This affirmation resonates with the Obafemi Awolowo University academic philosophy: ‘for learning and culture’—a culture of creativity and a creative culture.
READ ALSO:OAU Medical Student Kills Self After Failing Exam Twice
“The donor of the statue, Prince Yemisi Shyllon, is a man whose name resonates across continents. He is Africa’s foremost art collector, an accomplished creative mind, a committed philanthropist of extraordinary vision and a relentless advocate for cultural advancement and one of the most remarkable cultural ambassadors of our time.
“For a university like ours, dedicated to the holistic development of mind and spirit, this example is a beacon. It reinforces our own commitment to ensuring that the sciences converge with the humanities, that innovation dances with tradition and that our graduates are as culturally literate as they are professionally skilled.
“This iconic piece will not only beautify our campus but also serve as a permanent cultural marker, reminding future generations of the ideals of leadership, service, excellence and intellectual courage upon which this university was founded,” the Vice Chancellor said.
Speaking, the donor of the statue, Prince Yemisi Shyllon, stated that the project was aimed at celebrating Papa Awolowo for living a purpose-driven life.
Prince Shyllon said conceiving the project and funding it was his own way of saying thank you to Chief Awolowo for the sterling leadership he gave his people and for showing what meaningful life meant.
“Indeed, many people solely focus on material wealth, such as having cars, building and buying properties, buying private jets, jewelries and the many other worthless and selfish illusions of life, that are generally not meaningful to the real essence of human life,” he said.
READ ALSO:OAU Professor Slumps During Meeting, Dies En Route Hospital
He added that Chief Awolowo would be remembered forever for living for what was right and just even as he listed some of the enduring legacies of the sage.
Prince Shyllon pointed at “free education in the old Western Region, and other landmark projects such as the Cocoa House, Western Nigeria Television, Liberty Stadium, industrial estates, farm settlements and the Obafemi Awolowo University, among others” as worthy legacies left behind by Chief Awolowo.
Shyllon noted that the sage was a man who could be best described as an example of a person who lived a “meaningful life.”
He added that Chief Awolowo lived his life planting seeds for generations while leaving his indelible footprints on the sands of time.
He charged all to live the kind of life that would make humanity remember them for something positive, “just as Papa Obafemi Awolowo, who died 38 years ago.”
He stressed that the Holy Qur’an and the Bible preach the act of showing love to the needy, adding that all should not give to the needy for the purpose of getting anything in return.
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“Life is full of emptiness. Awolowo lived a meaningful, purpose-driven life and planted seeds through his various selfless services to humanity before his exit. That is why he is celebrated every day since he died 38 years ago,” he said.
In his remarks, Chairman, African Newspapers of Nigeria (ANN) Plc, publishers of the Tribune titles, and daughter of Chief Awolowo, Dr Olatokunbo Awolowo Dosumu, thanked Prince Shyllon for donating the statue.
She also appreciated the university for being receptive to the idea and for keeping the legacy of Chief Awolowo alive.
Ambassador Awolowo Dosumu, who was represented by the Editor, Saturday Tribune, Dr Lasisi Olagunju, noted that the project was a celebration of selfless service to the people which was what Chief Awolowo lived for.
READ ALSO:EFCC Arrests Over 70 OAU Students In Midnight Raid
“History is always there to reward selfless leadership and expose pretenders. We are here today in celebration of an uncommon man who died 38 years ago. This honour, this statue is a demonstration of what immortality means.
“Chief Awolowo gave his very best in the service of the people. We appreciate the donor, Prince Yemisi Shyllon, for the gesture and also appreciate the university for giving the right space for the erection of the statue. Good life is about services; what we are celebrating today is history’s reward for Chief Awolowo’s selflessness.
“Papa was one leader who believed that service to the people is a rent paid for the space we occupy in this world. The Awolowo family appreciates this monument and thanks the donor and the sculptor for doing a great job,” he said.
He urged students of the institution to learn from the life lived by Chief Awolowo and rededicate themselves to noble causes.
At the ceremony were principal officers of the university and other dignitaries, including Senator Babafemi Ojudu, who also said positive things about Chief Awolowo and the leadership he gave the Nigerian people.
(TRIBUNE)
News
FULL LIST: FG Selects 20 Content Creators For Tax Reform Education

The Federal Government has released a list of 20 content creators selected to support public education on Nigeria’s ongoing tax reforms.
The Presidential Fiscal Policy and Tax Reforms Committee issued the announcement, which was posted on Thursday by its chairman, Taiwo Oyedele, on X.
The list, titled “Top 20 Content Creators for Tax Reform Education,” was shared after the organisers received 8,591 nominations covering more than 200 creators.
The organisers said the selected creators will attend a special training session designed to deepen their understanding of the new tax laws so they can share clearer and more balanced information with their audiences.
READ ALSO:FG Revokes 5% Telecom Tax On Voice, Data Services
They encouraged Nigerians to tag any creator on the list and ask them to confirm their interest by completing the acceptance form.
“If your favourite creator is on the list, tag or mention them and ask them to confirm their interest by completing this form: forms.gle/Ph49kSE4okDf6g….
“Deadline for acceptance is Monday, 8 December 2025.
“Tell us the areas of interest and key issues you’d like the training to focus on in the comments section.”
According to the announcement, the creators were ranked by their followership across major platforms. The top 20 include:
READ ALSO:FG Gazettes New Tax Reform Laws
1. Financial Jennifer
2. Onlinebanker
3. Don Aza
4. Mary Efombruh
5. Baba Ogbon Awon Agba International
6. Perpetual Badejo
7. Personalfinancegirl
8. Tomi Akinwale
9. Emeka Ayogu
10. Aderonke Avava
11. Odunola Ewetola
12. Christiana Balogun
13. Mosbrief
14. Chidozie Chikwe
15. Zainulabideen Abdulazeez
16. Chinemerem Oguegbe
17. Oyagha Michael
18. Ayomide Ogunlade
19. Ayọ̀dèjì Fálétò
20. Vera Korie
News
Rufai Oseni Breaks Silence On Alleged Suspension From Arise TV

Arise TV presenter, Rufai Oseni, has debunked viral claims suggesting he was suspended from the station.
Oseni explained through a series of posts on X on Friday that he has been on planned leave from work, adding that the station had publicly announced the start of his leave weeks earlier.
He described the rumours of his suspension as unfounded fabrications circulated on social media and noted that verifiable information confirming his leave status had already been made available.
Oseni stated that he intends to resume his duties after completing his period of rest.
READ ALSO:Onanuga Reacts To Attempted Military Takeover In Benin Republic
He wrote, “I was not suspended. The lies and fabrications are terrible. Social media na wa.”
In another tweet, he wrote, I have worked for about a year and I decided to go on leave. After I rest small I go return. I love you all.
“At the start of my leave on Thursday last two weeks , it was announced on TV I went on leave. Empirical facts Dey, so data bois that lied about suspension Una jam Zuma rock,” he tweeted.
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