Business
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Wanted CBEX promoter voluntarily reports to EFCC
Adefowora Abiodun, one of the individuals declared wanted in connection with the controversial cryptocurrency platform, Crypto Bridge Exchange (CBEX), has…
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EFCC nabs wanted socialite, Aisha Achimugu, at Abuja airport
The Economic and Financial Crimes Commission (EFCC) on Tuesday apprehended businesswoman and socialite, Aisha Achimugu, at the Nnamdi Azikiwe International…
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Warri Refinery remains shut since January; Port Harcourt struggles below 40% capacity
Industry stakeholders are raising fresh concerns about the Nigerian National Petroleum Company Limited (NNPCL), particularly questioning its transparency, efficiency,…
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Price of 50kg bag of rice falls to N58,000 in Nigeria – Report
The cost of a 50kg bag of rice in Nigeria has dropped significantly to around N58,000 in some areas, particularly…
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Court document shows that CBEX disabled withdrawal when deposits hit $1billion
The Economic and Financial Crimes Commission (EFCC) has alleged that the promoters of the fraudulent Crypto Bridge Exchange (CBEX) disabled…
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EFCC picks up two over alleged N1.3tr CBEX scam
The Economic and Financial Crimes Commission (EFCC) has arrested two suspects in connection with the alleged N1.3 trillion scam linked…
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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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