• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Wednesday, October 1, 2025
No Result
View All Result
NewsNet Nigeria
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos
NewsNet Nigeria
No Result
View All Result
Home Crime

FG files criminal charges against Binance

by NewsNet Nigeria
2 years ago
in Crime, Economy
FG files criminal charges against Binance
Share on FacebookShare on TwitterShare on LinkedinShare on Whatsapp

The Federal Inland Revenue Service (FIRS) has filed criminal charges against Binance, a leading cryptocurrency exchange platform.

The lawsuit, filed at the Federal High Court in Abuja accuses Binance of four separate tax offenses.

They include non-payment of Value Added Tax (VAT); failure to file tax returns; non-payment of Company Income Tax (CIT) evasion and aiding customer tax evasion.

The FIRS alleged that Binance’s platform facilitated customer tax evasion.

In a statement on Monday in Abuja, the FIRS noted that filing the suit goes beyond the issue of registration, asserting that Binance failed to adhere to existing Nigerian tax regulations.

The lawsuit claimed that Binance did not register with the FIRS as required by law while another charge alleges that Binance’s operations violated established tax regulations in Nigeria.

(THE NATION)

Previous Post

NSA confirms escape of Binance Executive from custody

Next Post

Advocate Newspaper unveils Canadian-based Professor of Family Medicine, Rukevwe Ugwumba as discussant for inaugural lecture series

MORE NEWS

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary
Celebration

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

October 1, 2025
Warri Rebirth Initiative Postpones October 1st Celebration over Security Concerns
Crime

Warri Rebirth Initiative Postpones October 1st Celebration over Security Concerns

September 30, 2025
FRSC Loses Five Personnel to Reckless Drivers in September, Corps Marshal Orders Prosecution
Crime

FRSC Loses Five Personnel to Reckless Drivers in September, Corps Marshal Orders Prosecution

September 30, 2025
Arise TV Colleague Reveals Anchor, Somtochukwu Maduagwu, Jumped From Storey Building During Robbery
Crime

Arise TV Colleague Reveals Anchor, Somtochukwu Maduagwu, Jumped From Storey Building During Robbery

September 30, 2025
Next Post
Advocate Newspaper unveils Canadian-based Professor of Family Medicine, Rukevwe Ugwumba as discussant for inaugural lecture series

Advocate Newspaper unveils Canadian-based Professor of Family Medicine, Rukevwe Ugwumba as discussant for inaugural lecture series

Leave Comment

RECENT STORIES

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

Delta Speaker Guwor Urges Collective Action for a Greater Nigeria at 65th Independence Anniversary

October 1, 2025
I am not senator for only APC members – Joel-Onowakpo

Constituents Express Concern Over Senator Joel-Onowakpo’s Perceived Silence in Senate

September 30, 2025
Warri Rebirth Initiative Postpones October 1st Celebration over Security Concerns

Warri Rebirth Initiative Postpones October 1st Celebration over Security Concerns

September 30, 2025
FRSC Loses Five Personnel to Reckless Drivers in September, Corps Marshal Orders Prosecution

FRSC Loses Five Personnel to Reckless Drivers in September, Corps Marshal Orders Prosecution

September 30, 2025
Arise TV Colleague Reveals Anchor, Somtochukwu Maduagwu, Jumped From Storey Building During Robbery

Arise TV Colleague Reveals Anchor, Somtochukwu Maduagwu, Jumped From Storey Building During Robbery

September 30, 2025

TRENDING STORIES

  • Ibru Organisation Chairman, Olorogun Oscar Ibru, Dies at 67

    Ibru Organisation Chairman, Olorogun Oscar Ibru, Dies at 67

    0 shares
    Share 0 Tweet 0
  • FIFA Strips South Africa of Win Over Lesotho for Fielding Ineligible Player

    0 shares
    Share 0 Tweet 0
  • At 70, I Owe All Life Has Given Me to God – Chief Ejovi

    0 shares
    Share 0 Tweet 0
  • Uroye Calls for Calm, Dialogue as Tension Heightens Over Killing of Jerry, Consoles Family

    0 shares
    Share 0 Tweet 0
  • Delta Police Begin Enforcement on Tinted Glass, Siren, Number Plate Regulations October 2

    0 shares
    Share 0 Tweet 0
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.

No Result
View All Result
  • Home
  • News
    • Local News
    • National
  • Politics
  • Economy
    • Oil and Gas
  • Crime
  • Education
  • Health
  • Entertainment
    • Lifestyle
  • Sports
  • MORE
    • Interview
    • Editorial
    • Opinion
    • Columns
    • Science & Tech
    • Videos

NEWSNET NIGERIA Published By: Morex Consult Limited - Since 2020.