CBEX Resumes Operations In Nigeria Despite EFCC 1.2Bn Probe

Published

12 months ago

May 1, 2025

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CBEX Resumes Operations In Nigeria Despite EFCC #1.2Bn Probe—-Embattled Crypto Bridge Exchange trading platform, CBEX, has resumed operations, announcing fresh withdrawal options in a move to restore investor confidence despite the alleged N1.2tn digital trading fraud that reportedly affected over 600,000 Nigerians.

EAccording to Punch, two traders on the CBEX platform confirmed that the digital trading firm has quietly resumed operations, allowing new users to register, trade, and withdraw profits, despite ongoing investigations by regulatory agencies.

According to the sources, an insurance verification process and an external audit of the company’s financial records are underway to ascertain the amount lost in the scheme, which collapsed in April.

They added that existing investors, many of whom have been unable to access their funds for weeks, will be able to take out their funds starting from June 25, 2025, when the audit is expected to be concluded by an insurance firm based in the United Kingdom.

This development comes barely weeks after the Securities and Exchange Commission declared the platform illegal, and the Economic and Financial Crimes Commission confirmed an ongoing investigation into the firm’s operations.

CBEX, a digital investment platform, offered investors 100 percent profit after 30 days of purported AI trading. The trading platform started operations in 2024 after receiving registration approval from the Corporate Affairs Commission on September 25, 2024, and the EFCC’s Special Control Unit Against Money Laundering on January 16, 2025.

No fewer than 600,000 Nigerians reportedly invested in the scheme and lost N1.2 trillion after it collapsed on April 14, 2025.

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Eberechi Eze Early Strike Hands #Arsenal Vital Win Over #Newcastle United

Published

12 hours ago

April 25, 2026

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Eberechi Eze Early Strike Hands #Arsenal Vital Win Over #Newcastle United—-Arsenal climbed to the top of the Premier League table after securing a narrow but crucial victory over Newcastle United, thanks to an early goal from Eberechi Eze.

The breakthrough came in just the ninth minute, when Eze found the back of the net with a composed finish to give the Gunners a perfect start. The early strike proved decisive as Mikel Arteta’s side managed the game effectively from there.

Newcastle pushed for an equaliser, creating several chances, but Arsenal’s defence remained disciplined and organised to keep them at bay.

The win provides a major boost to Arsenal’s title hopes, moving them to the summit of the table and piling pressure on their closest rivals.

With momentum building, the Gunners will now look to maintain their form as the race for the Premier League title intensifies.

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Frustrated Arsenal Fans Plead with Pep Guardiola to Let Mikel Arteta Arsenal Win The League (VIDEO)

Published

18 hours ago

April 25, 2026

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Frustrated Arsenal Fans Plead with Pep Guardiola to Let Mikel Arteta Arsenal Win The League (VIDEO)—-A group of frustrated Arsenal fans have gone viral after making an emotional plea to Manchester City boss Pep Guardiola amid the intensifying Premier League title race.

In clips circulating on social media, the supporters were heard shouting toward Guardiola, begging him to ease the pressure on Arsenal manager Mikel Arteta as the title battle reaches a decisive stage.

“Pep, please let Arteta win the league!” one fan shouted, while another added, “Let Arteta win something!” A third voice could be heard saying, “Pep, you’ve ruined my life,” capturing the raw emotions of fans watching their side’s title hopes slip under City’s relentless form.

The reactions come as Manchester City narrow victory against already relegated Burnley move them to the top of the table, while Arsenal now sit second on goal scored, piling pressure on Arteta’s side in the final stretch of the season.

Guardiola’s team, known for their consistency and late-season surges, have once again emerged as strong contenders, threatening to overtake Arsenal despite trailing for much of the campaign.

For Arsenal fans, the moment reflects a mix of frustration, admiration, and resignation, as they watch a familiar story unfold — their title ambitions being challenged by City’s dominance.

Meanwhile, Arteta remains focused on keeping his squad composed, knowing any slip-up could prove costly in what has become one of the most tightly contested title races in recent years.

WATCH VIDEO BELOW:

https://www.instagram.com/accounts/suspended/?next=https%3A%2F%2Fwww.instagram.com%2Freel%2FDXjcyMvAl04%2F%3Figsh%3DMWNoMmhyZjU1czEwYg%253D%253D%26__coig_ufac%3D1#

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