Close Menu
Chronicle NG
    Trending Stories
    FG withdraws criminal charge against Natasha Akpoti

    Natasha condemns persistent killings of Nigerians

    February 5, 2026
    Three beheaded as police arrest 10 suspects in Ebonyi communal clash 

    Police deny claims of explosive found in Abia church

    February 5, 2026
    Terrorists in separate attacks on communities in Katsina and Kwara states killed no fewer than 30 people on Tuesday as assailants renewed violent assaults on rural settlements, razing houses and vehicles and forcing residents to flee.

    Terrorists release remaining abducted Kaduna worshippers

    February 5, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Natasha condemns persistent killings of Nigerians
    • Police deny claims of explosive found in Abia church
    • Terrorists release remaining abducted Kaduna worshippers
    • Ministry of sex proposal sparks outrage ahead of general election
    • Kwankwaso condemns massacre of over 162 in Kwara
    • Fear, killings spread in Borgu, other Niger communities as terrorists tighten grip
    • Obi ‘deeply saddened’ over Kwara massacre
    • Guardiola criticizes EFL rule as Guéhi is ruled out of Carabao Cup final
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Thursday, February 5
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    $79.5bn Suit: Nigeria govt, Binance clash over court papers’ exchange

    Opalim LiftedBy Opalim LiftedMay 2, 2025No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    Ex-Binance CEO Tigran Gambaryan mocks EFCC over N18.7bn fraud claims
    Tigran Gambaryan ex-Binance executive
    Facebook Twitter WhatsApp

    The Federal Government of Nigeria and global crypto giant Binance are locked in a high-stakes legal clash over a staggering $79.5 billion lawsuit—and now, even the method of serving court documents is under fire.

    The Federal Inland Revenue Service (FIRS) insists it legally served Binance through substituted means—specifically via the email of Eleanor Hughes, the company’s General Counsel. But Binance is fighting back, calling the move “improper” and claiming it violates legal protocols.

    The suit, filed at the Federal High Court in Abuja and marked FHC/ABJ/CS/1444/2024, accuses the global crypto giant and its officials—Tigran Gambaryan and Nadeem Anjarwalla—of operating unregulated crypto services in Nigeria, allegedly causing massive economic damage.

    Justice Inyang Ekwo had earlier granted permission for substituted service after a motion by FIRS counsel Kanu Agabi (SAN), citing Hughes’ key role and prior legal dealings with the Nigerian government using the same email.

    Nigeria's FIRS is hiring
    Federal Inland Revenue Service (FIRS)

    FIRS fired back with a counter-affidavit, describing Binance’s objections as “false and misleading.” They argue that Binance’s legal team, previously briefed through the same channels, is clearly aware of the suit.

    • Nigeria open to cryptocurrency firms despite $80b Binance lawsuit

    The agency also took a swipe at global crypto giant’s opaque corporate structure, saying the company had failed to prove it’s legitimately registered in the Cayman Islands, nor provide a verifiable address.

    Despite earlier attempts to serve Gambaryan while in Kuje prison—efforts redirected to law firm Aluko & Oyebode on his instruction—the firm refused, citing lack of formal engagement.

    Nigeria open to cryptocurrency firms despite $80b Binance lawsuit
    Global crypto giant

    Still, FIRS contends the global crypto giant has suffered no injustice and is clearly engaged in the legal process.

    The case continues on May 12, when the court will hear Binance’s request to nullify the substituted service order.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    FG withdraws criminal charge against Natasha Akpoti

    Natasha condemns persistent killings of Nigerians

    Three beheaded as police arrest 10 suspects in Ebonyi communal clash 

    Police deny claims of explosive found in Abia church

    Terrorists in separate attacks on communities in Katsina and Kwara states killed no fewer than 30 people on Tuesday as assailants renewed violent assaults on rural settlements, razing houses and vehicles and forcing residents to flee.

    Terrorists release remaining abducted Kaduna worshippers

    Ministry of sex proposal sparks outrage ahead of election

    Ministry of sex proposal sparks outrage ahead of general election

    Kwankwaso said the Kwankwasiyya movement will begin commemorating January 23 to mark those who betrayed the group.

    Kwankwaso condemns massacre of over 162 in Kwara

    Fear, killings spread in Borgu, other Niger communities as terrorists tighten grip

    Fear, killings spread in Borgu, other Niger communities as terrorists tighten grip

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    FG withdraws criminal charge against Natasha Akpoti

    Natasha condemns persistent killings of Nigerians

    February 5, 2026
    Three beheaded as police arrest 10 suspects in Ebonyi communal clash 

    Police deny claims of explosive found in Abia church

    February 5, 2026
    Terrorists in separate attacks on communities in Katsina and Kwara states killed no fewer than 30 people on Tuesday as assailants renewed violent assaults on rural settlements, razing houses and vehicles and forcing residents to flee.

    Terrorists release remaining abducted Kaduna worshippers

    February 5, 2026
    Ministry of sex proposal sparks outrage ahead of election

    Ministry of sex proposal sparks outrage ahead of general election

    February 5, 2026
    Kwankwaso said the Kwankwasiyya movement will begin commemorating January 23 to mark those who betrayed the group.

    Kwankwaso condemns massacre of over 162 in Kwara

    February 5, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.