Business
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Nine Nigerian banks earned N14.26 trillion in interest income in 2024
Nine major Nigerian banks collectively generated N14.26 trillion in interest income in 2024—an impressive 119.55% increase from the N6.49…
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Report unmasks Nigerians behind CBEX fraud
An investigation by the Foundation for Investigative Journalism (FIJ) has uncovered some Nigerians allegedly behind Crypto Bridge Exchange (CBEX), a…
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SEC explains inability to recover ₦1.3 trillion lost to CBEX platform
The Securities and Exchange Commission (SEC) has said it is powerless to assist the estimated 600,000 Nigerians who collectively lost…
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Fuji singer, Taye Currency cries out over N10m loss to CBEX
Fuji star, Taye Adebisi, popularly known as Taye Currency, has opened up about losing N10 million to the recently crashed…
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Lagos court sentences businessman to jail for rejecting Naira as legal tender
A Federal High Court in Ikoyi, Lagos, has sentenced a businessman, Aniogor Godswill Obiajulu, and his company, ICE BY CW,…
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CBEX: Investors will be refunded, but recovery may take time – EFCC assures (Video)
The Economic and Financial Crimes Commission (EFCC) has assured Nigerians who invested in the now-defunct CBEX digital trading platform that…
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EFCC, Interpol begin investigation Into N1.3tn CBEX investment fraud
The Economic and Financial Crimes Commission (EFCC) has launched an investigation into a suspected N1.3 trillion fraud linked to CryptoBank…
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‘I was just thinking of resigning to start my business after cashing out’, Lady laments crash of Cbex
Several Nigerian women have taken to social media to lament the loss of various sums of hard dollars to the…
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‘Electricity bill in my house jumped from N2.7m to N29m in one month’, Lagos Dep. Gov. Hamzat
Lagos State Deputy Governor, Obafemi Hamzat, has raised alarm over what he described as outrageous electricity billing by the power…
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Cbex trading platform wipes off investor’s funds
There are indications that the trading platform, Cbex may have finally crashed as investors reported today that their balances on…
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Operating online foreign exchange trading platforms without registration is illegal – SEC
The Securities and Exchange Commission (SEC) of Nigeria has declared that operating digital asset exchanges or online foreign exchange (forex)…
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Man laments alleged crash of Cbex trading platform after $313 investment
A Nigerian man has taken to social media to express his distress after the online trading platform, Cbex, reportedly collapsed…
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Trade war: “World leaders are k!ssing my a**” – President Trump brags
The president of the United States of America, Donald Trump, has boasted that foreign leaders are “kissing my a**” amid…
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EU imposes $23.2bn tariffs on US goods in response to Trump-era duties
The European Union has launched a major retaliatory move against U.S. President Donald Trump’s tariffs by imposing duties on American…
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Trade showdown: Trump administration enforces 104% tariffs on Chinese imports
The White House has confirmed that President Donald Trump will implement tariffs of at least 104% on all Chinese imports…
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