• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets Cryptos

US Authorities Piles fresh pressure on Nigerian Government to Release Binance Executive 

Michael Ndu-Okeke by Michael Ndu-Okeke
September 14, 2024
in Cryptos, Markets
Tigran Gambaryan,
Share on FacebookShare on TwitterShare on Linkedin

United States authorities have ramped up their pressure on the Nigerian government to release detained Binance executive on humanitarian grounds.  

These renewed calls by US state actors come amid alleged deteriorating health of Tigran Gambaryan who has now been detained in Nigeria for seven months.  

US Secretary of State Anthony Blinken and the US Ambassador to Nigeria have been privately pressuring Nigerian authorities to release Gambaryan on Humanitarian grounds per a New York Times report.  

RelatedStories

United States extends period for work permits for non-citizens

United States announces lifetime entry ban for visa fraud involving fake documents 

July 21, 2025
US commences Lottery Program for 2025, Nigeria, others excluded 

US introduces new $250 visa integrity fee for workers, students, others

July 10, 2025

The pressure to release Gambaryan from the US quarters increased after congressional representatives French Hill and Chrissy Houlahan visited Tigran Gambaryan personally in Nigeria.  

Tigran Gambaryan appeared in a viral video last week where he struggled to move and walked with the aid of a clutches. Reports alleged that the Binance Executive is suffering from a herniated disc which has always been part of his medical history.  

The detained executive also claims to suffer pneumonia and malaria from the condition of his prison cell.  

The Economic and Financial Crimes Commission (EFCC), Nigeria’s Topmost Anti Graft Agency has accused Gambaryan of exaggerating his health conditions playing down any case of deteriorating health.  

The EFCC blocked the approval of a fresh bail condition for the detained executive as reported by Nairametrics earlier.  

Deteriorating relationship between the US and Nigeria  

The New York Times in its report cited two named US State Department officials who confirmed that the Gambaryan case has become a source of increased deterioration of the US Nigeria relationship.  

The US authorities are believed to be in contact with Nigeria’s president, finance minister, attorney general, and trade minister to resolve the issue as quickly as possible. 

Tigran Gambaryan appeared in court last week to appeal for a fresh bail condition which will see him released in October just as his trial is about to start.  

Nigerian authorities accused Binance of Money laundering and Tax evasion in its charges also stating that the exchange played a key role in the devaluation of Nigeria’s local currency after it facilitated over $26 billion in illegal cross-border transfers.  

Binance has since delisted the Naira from its support but the platform is still very much active in Nigeria as most Nigerians use it as a wallet to house their assets and also trade.  

What To Know

  • Binance CEO Richard Teng has called for the release of Tigran Gambaryan claiming that he is a mid-level employee who cannot be held accountable for the actions of Binance 
  • Tigran’s colleague Nardeem Anjarwalla escaped custody in Nigeria using a second passport after the Duo was detained after honoring an invitation by the Nigerian government seven months ago. 

 

 


Follow us for Breaking News and Market Intelligence.
Tags: Anthony BlinkenBinanceTigran GambaryanUnited States Of America
Michael Ndu-Okeke

Michael Ndu-Okeke

I am Michael Ndu-Okeke, a crypto reporter and analyst covering the intriguing world of Cryptocurrencies and its market. My work focuses on informative news, industry trends and research explaining the crypto industry to a wide range of readers.

Related Posts

United States extends period for work permits for non-citizens
"Japa"

United States announces lifetime entry ban for visa fraud involving fake documents 

July 21, 2025
US commences Lottery Program for 2025, Nigeria, others excluded 
"Japa"

US introduces new $250 visa integrity fee for workers, students, others

July 10, 2025
United States extends period for work permits for non-citizens
"Japa"

U.S. introduces new policy allowing startup founders to self-sponsor H-1B visas  

June 30, 2025
FIRS, Tax
Legal & Regulations

FIRS seeks court’s dismissal of Binance’s application to vacate ex-parte order amid $79.5 billion tax lawsuit 

April 30, 2025
Binance
Cryptos

BINANCE: Court admits FIRS documents allegedly confirming cryptocurrency platform’s financial transactions in Nigeria

April 13, 2025
Trump imposes 14% tariff on Nigeria’s export to the United States of America
Economy

Trump imposes 14% tariff on Nigeria’s export to the United States of America

April 2, 2025
Next Post
American firm John Deere to establish tractor assembly plant in Nigeria

Enugu State Government Partners with Danish Firm for Local Tractor Assemblage 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

first bank








DUNS

Recent News

  • Nigerian court seizes $222K in crypto from cybercrime syndicate involving Chinese nationals 
  • Rebased GDP report shows Nigeria’s economy hits N372.82 trillion in 2024 – NBS 
  • Afreximbank Annual Meetings 2025 seal $1 billion in investment deals to drive growth across Africa 

Follow us on social media:

Recent News

Federal High Court, REA

Nigerian court seizes $222K in crypto from cybercrime syndicate involving Chinese nationals 

July 21, 2025
GDP

Rebased GDP report shows Nigeria’s economy hits N372.82 trillion in 2024 – NBS 

July 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics