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Nigerian govt dismisses Binance executive’s bribery claims against lawmakers

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The Federal Government of Nigeria has refuted bribery allegations made by Tigran Gambaryan, an executive of Binance Holdings Limited, labelling them as false and unsubstantiated.

In a social media post on Friday, February 14, Gambaryan accused Nigerian lawmakers, including Peter Akpanke and Philip Agbese, of demanding a $150 million bribe in cryptocurrency.

He also alleged that National Security Adviser (NSA) Nuhu Ribadu sought “billions in payouts from Binance for political ambition.”

Responding to these claims, Minister of Information and National Orientation Mohammed Idris described Gambaryan’s accusations as “outrageous allegations, misinformation, and defamatory statements.”

He also revealed that Nigeria had rejected a $5 million offer from Binance to release Gambaryan in favour of a more beneficial settlement with the U.S. government.

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“The Federal Government of Nigeria is hesitant to engage Mr. Gambaryan, given the high-level diplomatic intervention that resolved his case,” Idris stated.

“However, we are obliged to set the records straight to stop his falsehoods from gaining ground.”

Allegations against Binance executive

Idris clarified that Gambaryan’s first visit to Nigeria was discretionary, and no formal complaints were lodged regarding alleged bribery demands at the time.

His subsequent detention in February 2024 was part of a probe into the alleged manipulation of the Nigerian currency through peer-to-peer trading platforms like Binance.

“The government rejected Binance’s offer of a $5 million down payment in exchange for Mr Gambaryan’s freedom in favour of a more beneficial settlement with the American government,” Idris added.


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Gambaryan was released in October 2024 following a high-level diplomatic resolution. The minister dismissed the Binance executive’s claims as baseless and motivated by an attempt to discredit Nigerian officials.

“It is essential to note that Mr Gambaryan’s allegations are not only unsubstantiated but also lack credibility,” Idris emphasised, urging the public to disregard the accusations.

He assured that both the Nigerian and American judicial systems would provide Gambaryan a fair platform to substantiate his claims.

The government reiterated its commitment to transparency and justice while warning against the spread of misinformation.

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Togo eyes shift to Sahel bloc as ECOWAS influence declines

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Togo is signalling a potential realignment in West African geopolitics as it openly explores joining the Alliance of Sahel States (AES), a coalition of military-led Mali, Burkina Faso, and Niger.

This move could further weaken the Economic Community of West African States (ECOWAS), already reeling from the recent departure of the three Sahelian nations.

Togo’s Foreign Minister, Robert Dussey, has been vocal about the country’s interest in the alliance, initially stating in January that membership was “not impossible.”

Last week, he went further, saying on social media, “Togo is considering joining the AES, a strategic decision that could strengthen regional cooperation and offer access to the sea to member countries.”

For Mali, Burkina Faso, and Niger—landlocked nations struggling with jihadist insurgencies and economic hardship—Togo’s coastal access via the port of Lomé would be a game-changer.

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With tensions mounting between the Sahel states and ECOWAS members Ivory Coast and Benin, which have been accused of aligning too closely with Western powers, the trio has already shifted some trade to Togo’s ports.

Analysts suggest that formalising this relationship could unlock further economic and security benefits.

“There’s the hope of economic solidarity: access to Nigerien oil, renewed trade routes,” noted Togolese political analyst Madi Djabakate.

He also pointed to security benefits, suggesting Togo could benefit from “more agile military cooperation, intelligence sharing with its neighbours.”

Jihadist attacks have intensified in northern Togo, bordering Burkina Faso, where militant groups linked to al-Qaeda and the Islamic State have operated for over a decade.


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The AES, formed initially as a defence pact, has pledged to establish a joint 5,000-strong military force, a move that aligns with Togo’s growing focus on security.

Beyond security, Togo’s shift toward the AES also fits within a broader pan-Africanist ideology that is gaining momentum.

“By engaging with the AES, Togo is part of a pan-African narrative where nations, long divided, are learning to stand together,” Djabakate said.

Some observers argue that domestic politics may also be influencing Togo’s potential pivot. President Faure Gnassingbé, in power since 2005, has faced criticism over constitutional changes that the opposition claims could extend his rule indefinitely.

Aligning with the AES, which has been resistant to Western-backed calls for democratic transitions, could insulate Togo’s leadership from regional pressure on governance and human rights.

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One of Togo’s leading opposition figures, Nathaniel Olympio, warned that leaving ECOWAS would have serious consequences.

“Membership of the AES would protect its regime from the constraints of ECOWAS on respect for the rule of law and public freedoms,” he argued.

ECOWAS has been struggling to maintain cohesion after Mali, Niger, and Burkina Faso formally exited the bloc earlier this year.

The trio accused the organisation of serving Western interests rather than addressing the security and economic crises gripping their nations.

Despite its apparent pivot, Togo may not completely sever ties with ECOWAS. Djabakate suggests that Togo could maintain dual affiliations.

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“Alliances aren’t marriages, but rather partnerships,” he remarked, adding that Togo’s port in Lomé remains a “vital artery” for the entire West African region.

However, analysts warn that Togo’s potential AES membership could accelerate ECOWAS’s decline.

“Togo joining the AES would speed up its disintegration,” said Seidik Abba, head of the International Center for Studies and Reflections on the Sahel.

“In any case, it will worsen its already precarious situation.”

As West Africa faces an increasingly fractured political landscape, Togo’s decision in the coming months could shape the region’s future trajectory—either reinforcing ECOWAS’s fragile unity or further shifting power toward the rising Sahel bloc.

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White House promises ‘big tariffs’ on April 2

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The White House has reaffirmed its plan to impose big tariffs on April 2, as President Donald Trump prepares to unveil reciprocal levies in a significant escalation of his trade war. Press Secretary Karoline Leavitt confirmed on Thursday, March 20, that Trump remains committed to the date, despite earlier comments from Treasury Secretary Scott Bessent suggesting that Washington might first present countries with an assessment of their tariff and trade barriers. Leavitt emphasized that there will be big announcements when it comes to reciprocal trade, stating that the president will highlight the unfair trade practices that have led to America being ripped off by every country around the world, quite frankly. Trumps plan, which targets both US allies and competitors, is expected to introduce tariffs to counter what he considers unfair trade policies. However, the specifics of these measures have yet to be disclosed. Bessent had previously told Fox Business that on April 2, each country will receive a number that we believe represents their tariffs, adding that Washington would approach nations with details on tariff levels, non-tariff barriers, currency manipulation, unfair funding, and labour suppression. He suggested that if countries alter their trade practices, the tariffs might not be implemented. We will not put up the tariff wall if adjustments are made, he said. Bessent also indicated that some duties might not take effect immediately if negotiations are pre-arranged or if countries seek swift discussions with Washington.The post White House promises big tariffs on April 2 appeared first on Linda Ikeji Blog.


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NAFDAC alerts public on counterfeit chlorpheniramine, dexamethasone injection

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The National Agency for Food and Drug Administration and Control (NAFDAC) has alerted the public about the sale of mislabelled Chlorpheniramine and Dexamethasone injection ampoules in Nigeria.

In a public alert (No. 06/2025) made available on the agency’s website, NAFDAC revealed that these injections were repacked and mislabelled as Noristerat Injection 200mg.

It stated that samples of the counterfeit product had been found in Niger State, Bauchi State, and especially at the Coordinated Wholesale Centre (CWC) in Kano State.

NAFDAC also stated that the counterfeiters had been tracked and arrested for further investigation and regulatory enforcement.

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The agency clarified that genuine Noristerat 200mg was a contraceptive injection that provided eight weeks of pregnancy protection and was a short-term birth control method.

NAFDAC directed all zonal directors and state coordinators to monitor and remove the falsified products from circulation within their zones and states.

The agency urged importers, distributors, retailers, healthcare professionals, and caregivers to be vigilant in the supply chain to prevent the entry of counterfeit products.

The agency emphasised that medical products should only be obtained from authorised or licensed suppliers and that their authenticity and physical condition should be carefully checked.

NAFDAC encouraged healthcare professionals and consumers to report any suspicions of substandard or falsified medicines or medical devices to the nearest NAFDAC office, or through the NAFDAC helpline at 0800-162-3322, or via email at sf.alert@nafdac.gov.ng.


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It also urged healthcare professionals and patients to report any adverse events or side effects related to the use of medicinal products or devices through the nearest NAFDAC office.

It said the public could also report negative drug effects using the E-reporting platforms available on the NAFDAC website (www.nafdac.gov.ng) or through the Med-Safety app, available on Android and iOS stores, or via email at pharmacovigilance@nafdac.gov.ng.

NAFDAC said that the falsified injection alert would also be uploaded to the World Health Organisation (WHO) Global Surveillance and Monitoring System (GSMS).


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