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In the second statement of the warning released, Securities and Exchange Commission of Nigeria says investment in crypto is risky and whoever dealing with binance is at his/her own risks.

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Although this might be attention to binance to take a steps to get full license in the country.
https://leofinance.io/@adedayoolumide/nigeria-sec-issues-another-warning-against-binance-that-its-operation-in-nigeria-are-unlawful