HomeTagsCBEX

CBEX

News

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

How Fuji Musician Taye Currency Lost N10m Investment in CBEX

Taye Currency recounts losing N10m in the CBEX Ponzi scheme, sharing his regret and lessons learned
News

Government Cracks Down on Ponzi Schemes After CBEX Collapse

CBEX’s collapse highlights the ongoing Ponzi scheme crisis in Nigeria. SEC warns against unregistered trading platforms.
News

EFCC Launches International Hunt for CBEX Operators

KEY POINTS EFCC partners with Interpol to hunt CBEX operators and recover funds for...
News

Over 1,000 Investors Stormed CBEX Office Over Lost Investments

Investors protest at CBEX Lagos office after losing millions in a Ponzi scheme, demanding accountability
Business

Nigerian Investors Lose Over N1.3 Trillion as Digital Trading Platform CBEX Collapses

KEY POINTS CBEX, a digital trading platform, collapsed after allegedly defrauding Nigerian investors of...

Latest articles

News

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.
News

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.
News

Suspected Boko Haram terrorists kill 15 farmers gathering firewood in Borno’s Marte area, three still missing

Suspected Boko Haram terrorists have killed 15 farmers working their fields and gathering firewood in Marte, Borno State, with police searching for three still missing.
News

N50 million each: Families of 19 abducted NYSC graduates face N950 million ransom demand

Kidnappers are demanding N950 million, or N50 million each, for 19 prospective corps members abducted on the Owerri-Onitsha Road in Imo State on Thursday.