NEWS
Binance: EFCC Presents 2 Witnesses as Money Laundering Trial Stalls
The Economic and Financial Crimes Commission (EFCC), on Thursday, presented two witnesses in the trial of Binance Holdings Ltd and its two executives before a Federal High Court, Abuja.
EFCC’s lawyer, Ekele Iheanacho, informed Justice Emeka Nwite upon resumed trial in the money laundering trial.
Reports says that the anti-graft agency had preferred a five-count charge against the crypto-currency firm, its top officials; Tigran Gambaryan and Nadeem Anjarwalla (now at large) as 1st to 3rd defendants respectively.
They were alleged to have conspired amongst themselves to conceal the origin of the financial proceeds of their alleged unlawful activities in Nigeria including $35,400, 000, among others.
The commission accused them of committing the offence contrary to Section 21 (a) and punishable under Section 18(3) of the Money Laundering (Prevention and Prohibition) Act, 2022, among others.
However, Anjarwalla escaped from lawful custody on March 22 and fled Nigeria for Kenya, before arraignment.
The defendants were later arraigns on April 8 but pleaded not guilty to the counts.
Gambaryan was ordered to be remanded in Kuje Correctional Centre
Gambaryan, through his lawyer, Mark Mordi, SAN, applied for a bail, on April 23, which was opposed by the EFCC, and the ruling fixed for May 17.
Meanwhile, when the matter was called on Thursday, Iheanacho said the matter was scheduled for trial commencement.
“The matter is for commencement of trial and we have two of our witnesses in court today my lord,” Iheanacho told the court.
But Tonye Krukrubo, SAN, counsel for Binance Ltd, objected to Iheanacho’s submission.
Krukrubo told the court that his client had not be served with the court documents in the matter.
“If we are here for trial, can my learner friend confirm if the 1st defendant has been served with any process,” he said.
The EFCC lawyer responded that all the defendants, including the 1st defendant (Binance), had been duly served and that additional proof of evidence was served on the 1st defendant through the 2nd defendant (Gambaryan) in accordance with the law.
But Krukrubo insisted that he had not been served.
He said a suspect facing criminal proceedings should be afforded the opportunity to defence himself, hence, there should be a proof of service of the documents on his client.
Iheanacho, on his part, restated that the company was served through Gambaryan, who is its agent in Nigeria.
He said the proof of service could be confirmed in the court record.
However, the proof of service could not be found in the court record when the judge directed the registrar to look through the file.
Justice Nwite then summoned the bailiff to give his own account on the service of the documents.
The bailiff explained that on April 30, he was at Kuje Correction Facility to effect the service of the documents on Binance through Gambaryan but he was not allowed to see him.
He said all efforts made were unsuccessful.
The bailiff told the court that the documents were still in his care.
Justice Nwite then ordered Iheanacho to serve Krukrubo with the extra copy of the documents in his possession in the open court.
Krukrubo applied for an adjournment to enable him study the documents ahead of the trial commencement.
The judge, who adjourned the matter until May 17 for trial commencement, advised EFCC to be diligent in the trial.
“It behoves on you, as prosecution, to do all within your power in the trial because I am not going to entertain any delay in this trial again,” Justice Nwite said.(NAN)
Foreign News
Trump Expands US Travel Ban to Five More Countries
President Donald Trump has expanded a US travel ban, barring nationals of five additional countries and people travelling on Palestinian Authority-issued documents from entering the US.
The White House said the restrictions were intended “to protect the security of the United States” and will come into force on 1 January.
Full-entry restrictions will be imposed on people from Burkina Faso, Mali, Niger, South Sudan and Syria as well as Palestinian Authority passport holders.
The administration also moved Laos and Sierra Leone, which were previously subject to partial restrictions, to the full ban list and put partial restrictions on 15 other countries, including Nigeria, Tanzania and Zimbabwe.
Trump, who has tightened immigration controls since returning to the White House in January, said the expanded travel ban was necessary because of what his administration described as failures in screening and vetting systems overseas.
Officials cited high visa overstay rates, unreliable civil records, corruption, terrorist activity and a lack of cooperation in accepting deported nationals.
The announcement followed the arrest of an Afghan national suspected of shooting two National Guard troops over the Thanksgiving weekend, an incident the White House pointed to in highlighting its security concerns.
This is the third time Trump has imposed a travel ban.
During his first term, he introduced a similar order in 2017, which sparked protests and legal challenges at home and abroad. The policy was later upheld by the US Supreme Court.
The White House said the restrictions would remain in place until affected countries show “credible improvements” in identity management, information-sharing and cooperation with US immigration authorities.
A number of exceptions apply and the ban will not affect lawful permanent residents, many existing visa holders, diplomats, or athletes travelling for major sporting events. Officials said case-by-case waivers would also be available where travel is deemed to be in the national interest.
Countries with full restrictions:
Afghanistan, Burkina Faso, Burma, Chad, Equatorial Guinea, Eritrea, Haiti, Iran, Laos, Libya, Mali, Niger, Republic of the Congo, Sierra Leone, Somalia, South Sudan, Sudan, Syria, Yemen
Individuals travelling on Palestinian Authority issued or endorsed travel documents are also subject to a full suspension of entry
Partial restrictions:
Angola, Antigua and Barbuda, Benin, Burundi, Côte d’Ivoire, Cuba, Dominica, Gabon, Gambia, Malawi, Mauritania, Nigeria, Senegal, Tanzania, Togo, Tonga, Venezuela, Zambia, Zimbabwe
Special case:
Turkmenistan (restrictions remain for immigrants but have been lifted for non-immigrant visas).
NEWS
Farouk Ahmed, Gbenga Komolafe Resign after Dangote Petition
By Eze Okechukwu, Abuja
President Bola Tinubu has nominated new chief executives for Nigeria’s two foremost petroleum regulatory agencies following the resignation of their heads, Engineers Farouk Ahmed and Gbenga Komolafe.
In separate letters to the Senate yesterday, the President requested the confirmation of Oritsemeyiwa Amanorisewo Eyesan as Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and Engineer Saidu Aliyu Mohammed as Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The nominations followed the voluntary exit of Ahmed, who headed the NMDPRA, and Komolafe, the pioneer CEO of the NUPRC.
Both men were appointed in 2021 by former President Muhammadu Buhari after the enactment of the Petroleum Industry Act (PIA), which created the two regulatory bodies to oversee reforms in Nigeria’s oil and gas industry.According to a State House press release by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Tinubu urged the Senate to expedite the confirmation process to ensure continuity and stability in the regulation of the petroleum sector.
Eyesan, a seasoned industry professional, is an Economics graduate of the University of Benin and spent nearly 33 years with the Nigerian National Petroleum Company Limited (NNPC) and its subsidiaries. She retired as Executive Vice President, Upstream, in 2024, and previously served as Group General Manager, Corporate Planning and Strategy, from 2019 to 2023.
Engineer Saidu Aliyu Mohammed, born in 1957 in Gombe State, is a Chemical Engineering graduate of Ahmadu Bello University, Zaria. He has held several strategic positions in the oil and gas industry, including Managing Director of the Kaduna Refining and Petrochemical Company and the Nigerian Gas Company. He also served as Group Executive Director and Chief Operating Officer, Gas and Power Directorate at NNPC.
Mohammed has chaired the boards of the West African Gas Pipeline Company, Nigeria LNG subsidiaries and NNPC Retail, and played key roles in major national projects such as the Escravos–Lagos Pipeline Expansion, the Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline and Nigeria LNG Train developments.
The President expressed confidence that the nominees’ experience and expertise would strengthen the implementation of the Petroleum Industry Act and advance reforms across Nigeria’s oil and gas value chain.
NEWS
NLC Stages Nationwide Strike over Insecurity
Labour Takes Nationwide Protest to Streets over Insecurity
The Nigeria Labour Congress (NLC) yesterday led a nationwide protest across major cities, including Abuja, Calabar and Osogbo, to draw attention to Nigeria’s worsening insecurity and economic hardship, insisting that governments at all levels must urgently reclaim communities, protect citizens and restore public confidence.
In Abuja, the NLC President, Joe Ajaero described the heavy deployment of security personnel around the protest as “normal,” arguing that whether security agencies were sent to protect or stop workers, it showed the impact of labour’s action.
However, he faulted the practice of deploying security chiefs to interface with labour during industrial disputes, stressing that labour matters were not security issues.“Industrial relations issues are the responsibility of the Ministry of Labour and the Office of the Secretary to the Government of the Federation, not heads of security institutions,” he said, warning against intimidation of workers under the guise of security.
Addressing workers after a brief procession, the NLC Deputy General Secretary, Comrade Ismail Bello, said the protest was not partisan but a struggle for the survival of all Nigerians. He lamented the devastation caused by insecurity, noting that communities had been destroyed, livelihoods lost and essential services disrupted.
“We have paid a heavy price. Healthcare workers, teachers, transport workers and many others have been affected. The damage is enormous and it has to stop,” Bello said, adding that the constitution guaranteed the right to peaceful protest and freedom of association.
He called for decisive action against kidnappers and criminal elements, arguing that failure to punish perpetrators had emboldened insecurity. “Children must return to school. Communities must return to normalcy. Government must deploy the full machinery of governance to recover all spaces taken over by criminals,” he added.
The NLC Head of International Department, Comrade Uche Ekwe, said the protest was meant to strengthen the government’s resolve to confront insecurity, insisting that those funding criminal activities must be arrested and prosecuted.
Labour disclosed grim statistics to underscore its concerns, revealing that since 2009, over 2,295 teachers had been killed by insurgents and bandits, more than 19,000 displaced in the North-East, and over 910 schools destroyed. In the health sector, about 35 per cent of facilities were destroyed by terrorism, while 50 per cent became inaccessible, worsening the shortage of medical personnel.
In Cross River State, organised labour staged a peaceful rally in Calabar, where the NLC Chairman, Comrade Greg Olayi, warned that Nigerians could no longer live or work in safety. He cited attacks on farmers, kidnappings of schoolchildren and insecurity on highways as evidence of a failure of governance.
Similarly, the Joint Negotiating Council Chairman, Comrade Raymond Afu, described the rally as a call to conscience for government at all levels, stressing that the essence of governance was the protection of life and property.
In Osun State, labour leaders and civil society voices also joined the protest, calling on the state government to strengthen local security networks, including Amotekun and other community-based outfits, rather than shutting them down. They warned that insecurity must not be allowed to take root in the state.
The Osun State Chairman of the Nigeria Union of Journalists (NUJ), Wasiu Ajadosu, said organised labour could no longer remain silent while citizens faced daily threats, emphasising that security was the foundation for development and social justice.

