Binance in talks to settle Nigeria's $2B back-tax case as court pauses until May 12

Binance is in discussions with Nigerian authorities about resolving its tax case through an out-of-court settlement, and the Abuja High Court has adjourned the matter until May 12 for an update. Nigeria sued the exchange in February 2025, alleging $2 billion in unpaid taxes and seeking nearly $79.5 billion for alleged economic losses tied to operating without a license.