Nigeria is demanding a $10 billion retribution fee from Binance.
Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, disclosed this on Friday morning in an interview with the BBC.
Read also: Binance crackdown raises fresh concerns in crypto-crazy Nigeria
Onanuga alleged that the crypto platform profited from illegal transactions in the country. This comes amid a crackdown on Binance for allegations of aiding currency speculation in the country.
More details later…
