Binance, a leading cryptocurrency exchange, is facing scrutiny in Nigeria as a presidential adviser, Bayo Onanuga, has called for a ban on the platform, along with KuCoin and other trading platforms. Onanuga alleges that these platforms are manipulating Nigeria's fiat currency, the naira, contributing to its decline in the forex market. He accuses Nigerians trading on Binance of being unpatriotic and urges regulatory bodies like the EFCC and the CBN to quickly halt cryptocurrency exchanges' operations in the country to prevent further currency devaluation.