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Nigeria Slams $81.5bn fresh charges against Binance

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The Nigerian government has pressed fresh charges against global cryptocurrency exchange, Binance, demanding $81.5 billion in damages and unpaid taxes.

A breakdown of the figure shows that the government was seeking $79.5 billion for alleged economic losses and $2 billion in unpaid taxes, covering 2022 and 2023. This total $81.5 billion.

In the lawsuit, filed by the Federal Inland Revenue Service (FIRS) at the Federal High Court in Abuja,  Binance’s activities in Nigeria caused significant economic harm to the country.

Binance was also accused of evading taxes on its local earnings.

The case, marked FHC/ABJ/CS/1444/2024, accuses Binance and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, of failing to register with the FIRS for tax compliance and allegedly violating Nigerian financial regulations. This lawsuit marks the third legal action against Binance in Nigeria.

The FIRS and the Economic and Financial Crimes Commission (EFCC) have already charged the company with tax evasion, money laundering, and foreign exchange violations before Justice Emeka Nwite of the Federal High Court in Abuja.

Among the financial penalties in the lawsuit are a 10% penalty for non-payment of taxes for 2022 and 2023, a 26.75% annual interest rate, based on the Central Bank of Nigeria (CBN) lending rate and additional penalties for Binance’s failure to register its business activities in Nigeria.

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Mission to boldly grow food in space labs blasts off

ESA is funding the research to explore new ways of reducing the cost of feeding an astronaut, which can cost up to £20,000 per day.

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Artwork: The experiment will orbit the Earth for three hours before returning to Earth and splashing down off the coast of Portugal.

(BBC): Steak, mashed potatoes and deserts for astronauts could soon be grown from individual cells in space if an experiment launched into orbit today is successful.

A European Space Agency (ESA) project is assessing the viability of growing so-called lab-grown food in the low gravity and higher radiation in orbit and on other worlds.

ESA is funding the research to explore new ways of reducing the cost of feeding an astronaut, which can cost up to £20,000 per day.

The team involved say the experiment is a first step to developing a small pilot food production plant on the International Space Station in two years’ time.

Lab-grown food will be essential if Nasa’s objective of making humanity a multi-planetary species were to be realised, claims Dr Aqeel Shamsul, CEO and founder of Bedford-based Frontier Space, which is developing the concept with researchers at Imperial College, London.

“Our dream is to have factories in orbit and on the Moon,” he told BBC News.

“We need to build manufacturing facilities off world if we are to provide the infrastructure to enable humans to live and work in space”.

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President Tinubu returns from Europe

The President arrived at the Nnamdi Azikiwe airport, Abuja, at about 9:50 pm.

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President Bola Tinubu last night returned to Abuja after a “working visit to France” that also took him to the United Kingdom (UK).

The President arrived at the Nnamdi Azikiwe airport, Abuja, at about 9:50 pm.

Bayo Onanuga, the President’s Spokesman, announced on his X handle that the President is back home.

Among those who received the presidency were the Federal Capital Territory (FCT) Minister, Nyesom Wike; Secretary to the Government of the Federation, Senator George Akume; the National Security Adviser, Mallam Nuhu Ribadu; and the Minister of Budget and Economic Planning, Atiku Bagudu.

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Governor Soludo Mourns Pope Francis, consoles Catholic Faithful

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Anambra State Governor, Professor Chukwuma Charles Soludo, CFR, has expressed deep sadness at the passing of His Holiness, Pope Francis, who departed peacefully on Easter Monday, April 21, 2025, at the age of 88.

In his condolence message, Governor Soludo extends his solemn condolences to the Catholic Church in Anambra State, Nigeria, the Vatican, and the global Christian community.

He said the loss of Pope Francis, a globally respected icon of faith, humility, and compassion, has indeed grieved the hearts of Catholics and all humanity as his lifelong dedication to championing the cause of the poor, fostering interfaith unity, and advocating for peace and justice has left the world a better place.

Governor Soludo further remarked that “Pope Francis was a shepherd whose legacy transcended borders” .

“His teachings on love, mercy, and solidarity touched base with the people of Anambra, inspiring the government to build a society rooted in dignity and hope” .

“Indeed, the Holy Father’s passing on Easter Monday, a day symbolising Christ’s triumph over death, is deeply instructive and a reflection on the enduring power of resurrection and hope” .

Governor Soludo however stands in solidarity with the global Catholic community during this period of mourning, celebrating a life extraordinarily lived in service to God and humanity, and praying for the soul of Pope Francis to find repose in the comforting grace of the Almighty God.

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