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BIZARRE: Detained Binance Executive Sneaks Out Of Nigerian Custody

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One of the two Binance Executives, Nadeem Anjarwalla, detained in Nigeria over allegations of tax evasion and other financial crimes, has slipped through the arms lawful custody.

It was gathered that sneaked out of custody, on Friday, 22 March, 2024, about 24 hours after the Federal Government formally pressed a four-count charge on him, his colleague, Tigran Gambaryan and Binance.

Biztellers reports that Anjarwalla, aged 38 is a Briton, who also holds Kenyan citizenship, escaped on from the Abuja guest house where he and his colleague were detained by tricking guards on duty to grant him access to a nearby mosque for prayers in the spirit of the ongoing Ramadan fast.

Unconfirmed reports allege that he has sneaked out of Nigeria through a Middle East airliner.

His leaving the shores of Nigeria adds to the shrouded circumstances because his British passport, with which he entered Nigeria, is still in the custody of the Nigerian authorities.

However, the powers that be in Nigeria are said to be working to unravel his intended destination in a bid to get him back into custody.

An Immigration official, the Premium Times reports, said the Binance executive fled Nigeria on a Kenyan passport.

He, however, said authorities were trying to determine how he obtained the passport, given that he had no other travel document (apart from the British passport) on him when he was taken into custody.

Another source said the two officials were held at a “comfortable guest house” and allowed many rights, including the use of telephones, a privilege Anjarwalla might have exploited to plot an escape.

As at Sunday night, the Head of Strategic Communication at the Office of the National Security Adviser, Zakari Mijinyawa, said he would enquire and revert on the bizarre incident.

Recall that Anjarwalla, Binance’s Africa regional manager, and Tigran Gambaryan, a US citizen overseeing financial crime compliance at the crypto exchange platform, were detained upon their arrival in Nigeria on 26 February 2024.

A criminal charge was filed against the two executives before a Magistrate Court in Abuja. On 28 February 2024, the court granted the Economic and Financial Crimes Commission (EFCC) an order to remand the duo for 14 days.

The court also ordered Binance to provide the Nigerian government with the data/information of Nigerians trading on its platform.

Following Binance’s refusal to comply with the order, the court extended the remand of the officials for an additional 14 days to prevent them from tampering with evidence.

The court then adjourned the case till 4 April 2024.

Also on 22 March, the Nigerian government approached the Federal High Court in Abuja and slammed another four-count charge on Binance Holdings Limited, Anjarwalla and Gambaryan, accusing them of offering services to subscribers on their platform while failing to register with the Federal Inland Revenue Service (FIRS) to pay all relevant taxes administered by the Service and in so doing, committed an offence, contrary to and punishable under Section 8 of the Value Added Tax Act of 1993 (as Amended).

The defendants were also accused of offering taxable services to subscribers on their trading platform while failing to issue invoices to those subscribers to determine and pay their value-added taxes and, in so doing, committed an offence contrary to and punishable under S.29 of the Value Added Tax Act of 1993 (as amended).

Count Three of the charges accused the three defendants of offering services to subscribers on their Binance trading platform for the buying and selling of cryptocurrencies and the remittance and transfer of those assets while failing to deduct the necessary Value Added Taxes arising from their operations and thereby committing an offence contrary to and punishable under Section 40 of the Federal Inland Revenue Service Establishment Act 2007 (as amended).

The last count of the charges wants the defendants punished for allegedly aiding and abetting subscribers on their Binance trading platform to unlawfully refuse to pay taxes or neglect to pay those taxes and, in so doing, committing an offence contrary to and punishable under the provisions of S.94 of the Companies Income Tax Act (as amended).

The Federal government had, in the past three months, been cracking down on suspected money launderers and terrorism financiers, some of whom it alleged are using the Binance platform for criminal activities

According to the FG over $21.6 billion was traded by Nigerians whose identities were concealed by Binance.

The government also claimed its investigations revealed that unscrupulous elements were using Binance for money laundering, terrorist financing, currency speculation and market manipulation, distorting the Nigerian economy and weakening the Naira against other currencies.

The detention of Binance officials in Nigeria began months after the crypto exchange platform pleaded guilty and agreed to pay $4.3 billion to settle criminal money laundering charges levied by the US Department of Justice.

Recall that Binance founder and CEO Changpeng Zhao, also known as CZ, pleaded guilty and agreed to resign.

His criminal trial has been postponed to 30 April by a US court.

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Over 100 Students Hospitalised as Fresh Gas Leak Hits Ogun Schools

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Man Arrested For Burglary In Ogun Churches

Panic swept through parts of Ijebu Ode, Ogun State, on Friday after a fresh gas leak affected more than 100 students and teachers across several schools, forcing many victims to be rushed to hospitals for treatment.

The incident, which occurred less than two months after a similar case in the town, reportedly affected schools including Anglican Girls Grammar School, Obalende, and Our Lady of Apostles Secondary School, Epe Garage, among others.

Witnesses said students suddenly began complaining of breathing difficulties, stomach aches, dizziness, and weakness as the strange gas spread across the affected areas.

ALSO READ: State of Ogun Schools: Your panic response political gimmick, Adebutu tells Abiodun

Videos circulating online showed frightened students running out of school premises while teachers and residents assisted those who fainted into vehicles for emergency medical attention.

Many of the affected students were taken to the Ogun State Hospital in Ijebu Ode, while others were rushed to nearby private medical facilities as worried parents stormed the hospitals.

An eyewitness described the situation as more severe than the previous gas leak recorded in April.

“I am currently at the Ogun State Hospital, Ijebu Ode, and the hospital is overcrowded. Some parents had to move their children to private hospitals. The students are complaining of stomach pain and weakness. This incident affected multiple schools and over 100 students,” the source said.

The Ogun State Commissioner for Environment, Ola Oresanya, confirmed the development, stating that emergency response agencies had been mobilised to contain the situation and investigate the source of the leak.

According to the commissioner, air quality monitoring devices installed within the area detected elevated methane gas concentrations, with readings reportedly peaking at about 13,500 ppm in surrounding locations.

He explained that although the methane level remained below the lower explosive limit, the situation was environmentally significant and required urgent investigation.

Oresanya said the state government had activated a multi-agency environmental and public health assessment team comprising environmental regulators, emergency responders, security agencies, and air quality experts to determine the source and extent of the emissions.

Officials, including the Chairman of Ijebu Ode Local Government, Dare Alebiosu, and the Managing Director of OGEPA, Kenny Bello, were also seen visiting affected schools and hospitals to assess the situation and monitor medical response efforts.

Residents were advised to remain calm, avoid open flames or ignition sources in areas with unusual gas odours, and immediately seek medical attention if they experience symptoms such as dizziness, headaches, nausea, or respiratory discomfort.

The latest incident comes weeks after over 30 students and a teacher were hospitalised following another gas leak at Our Lady of Apostles Secondary School in April, raising fresh concerns over environmental safety in the area.

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“Free El-Rufai Before Eid” — Atiku Blasts FG Over Detention

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Former Vice-President Atiku Abubakar has called on the Federal Government and Kaduna State authorities to release former Kaduna State governor Nasir El-Rufai before the Eid-el-Kabir celebrations, describing his continued detention as unfair and politically troubling.

Atiku made the demand in a statement issued on Friday through his Senior Special Assistant on Public Communication, Phrank Shaibu.

SEE ALSO: Shock as Court Rejects El-Rufai’s Bail Application, Orders Continued Detention

The former presidential candidate condemned El-Rufai’s detention ahead of the Muslim festival, saying it contradicts the spirit of mercy, compassion, and reconciliation associated with Eid-el-Kabir.

According to Atiku, it would be wrong for any government to deny a citizen freedom without clear justification, especially during a significant religious period when families are expected to reunite.

He warned against the alleged use of state institutions to intimidate perceived political opponents, stressing that democracy should not be used as a weapon to settle political scores.

“At a time when millions of Muslims are preparing for Eid-el-Kabir, it is unconscionable to keep a citizen away from his family without just cause,” Atiku stated.

The former vice-president also argued that the credibility of any democratic government depends on how it treats opposition figures and perceived critics.

He urged authorities to ensure transparency if El-Rufai’s detention is connected to ongoing legal proceedings, insisting that every Nigerian citizen is entitled to constitutional rights, including liberty and due process.

The demand comes days after the Independent Corrupt Practices and Other Related Offences Commission confirmed that a Federal High Court in Kaduna granted El-Rufai access to medical treatment while in custody.

El-Rufai and his co-defendant, Joel Adoga, are facing a 10-count charge bordering on alleged corruption, money laundering, and possession of proceeds of crime before Justice Rilwan Aikawa of the Federal High Court in Kaduna.

Both men have pleaded not guilty to the charges.

 

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$100,000 Science Prize: NLNG Raises Bar for AI Innovation

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The Nigeria LNG Limited (NLNG) has intensified its push for globally competitive artificial intelligence and digital technology solutions, as the 2026 edition of The Nigeria Prize for Science and Innovation attracted a record 237 entries, the highest participation level since the prestigious $100,000 award was established in 2004.

The milestone comes months after the 2025 edition ended without a winner, following a rigorous evaluation process that found none of the 112 entries submitted met the Prize’s benchmark for scientific excellence, originality, scalability and real-world impact.

The entries were formally handed over to the Prize’s Advisory Board during a press conference in Lagos on Thursday, officially commencing the adjudication process for this year’s competition themed: Innovations in ICT, Artificial Intelligence (AI), and Digital Technologies for Development.

The retention of the theme for a second consecutive year reflects growing recognition of the role of AI and digital technologies in solving socio-economic challenges and accelerating national development.

Speaking at the event, NLNG’s General Manager, External Relations and Sustainable Development, Dr. Sophia Horsfall, said the record-breaking number of entries signals renewed confidence in Nigeria’s innovation ecosystem and growing interest among researchers in technology-driven solutions.

“In this fourth revolution, digital infrastructure is as foundational to our survival as electricity or water. For Nigeria, our economic sustainability depends on our ability to move beyond promising research and into undeniable innovation that delivers,” Horsfall said.

ALSO READ: Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd

She noted that the decision not to award a winner in 2025 was difficult but necessary to preserve the integrity and global credibility of the Prize.

“We believe that if a Nigerian discovery is to command global respect, it must withstand the highest levels of scrutiny. It is this conviction that guided the difficult decision seven months ago,” she stated.

According to Horsfall, NLNG responded to last year’s outcome by deepening engagement with Nigeria’s scientific and technology community through nationwide roadshows, media campaigns, collaborations with innovation hubs, and knowledge-sharing sessions with researchers and academic institutions.

“Our response was not to lower our standards but to deepen engagement. Today, we can confidently say those efforts have paid off,” she added.

She described the leap from 112 entries in 2025 to 237 entries in 2026 as evidence of rising momentum in Nigeria’s science, AI, and digital innovation ecosystem.

“It proves that there is a hunger in this country for research, innovation, discovery and recognition. It also proves that we need platforms such as this Prize that elevate scientific endeavour and transform ideas into impact,” Horsfall said.

Receiving the submissions on behalf of the Advisory Board, Chairman of the Board, Prof. Barth Nnaji, described the handover as a crucial stage in the search for transformative scientific breakthroughs capable of addressing Nigeria’s development challenges.

Nnaji, a former Minister of Power, said the no-winner verdict in 2025 reinforced the Prize’s reputation for excellence rather than diminished it.

“Our refusal to award the prize in 2025 was not a dismissal of the hard work of Nigerian innovators; rather, it reinforces that The Nigeria Prize for Science and Innovation holds a gold standard of excellence,” he stated.

He explained that entries would continue to undergo strict intellectual and technical scrutiny, with emphasis placed on originality, relevance, scalability, and measurable socio-economic impact.

“The theme we have focused on for the past two years is perhaps the most critical topic of our time. We are looking for solutions that directly address Nigeria’s real-world challenges, whether through digital health technologies for rural communities or the use of AI in preserving our cultural heritage and languages,” Nnaji added.

He further assured stakeholders that the adjudication process would remain independent, transparent, and merit-driven.

“We look at every entry through a lens of fairness, balance and equity. It is this consistency that has given the Prize its enduring credibility over the years,” he said.

Also speaking, NLNG’s Manager, Corporate Communication and Public Affairs, Anne-Marie Palmer-Ikuku, commended the resilience of Nigerian innovators who returned with stronger entries despite last year’s disappointing outcome.

“To see the numbers rise to 237 this year tells me that innovators did not see last year’s verdict as a deterrent. Instead, they saw it as a challenge,” she said.

The Advisory Board for the Prize also includes Dr. Nike Akande, former Minister of Industry, and Professor Baba Yusuf Abubakar, a professor of quantitative genetics and animal breeding.

The winning entry for the 2026 edition will be unveiled at a world press conference scheduled for September.

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