• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
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.  

MoreStories

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

Nigerian Stocks post 29.35% return in Q1, 4.39% in March 

April 1, 2026
Abbey Mortgage Bank: A rising star in Nigeria’s financial sector 

Abbey Mortgage Bank records N3.1 billion 2025 profit, EPS rises 21 kobo 

April 1, 2026

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. 

 

 


Add Nairametrics on Google News
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.

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 *

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 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
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • 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
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics