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CBEX Resumes Operations In Nigeria

CBEX Resumes Operations In Nigeria Despite EFCC 1.2Bn Probe

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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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BREAKING: Ex-Chelsea Captain César Azpilicueta Announces Retirement From Football

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BREAKING: Ex-Chelsea Captain César Azpilicueta Announces Retirement From Football—-Spanish defender brings curtain down on trophy-laden career after spells with Chelsea, Atlético Madrid and Sevilla.

Former Chelsea FC captain César Azpilicueta has officially announced his retirement from professional football at the age of 36.

The Spanish defender confirmed that he will hang up his boots at the end of the season, bringing an end to a remarkable career that spanned nearly two decades.

He shared this news via his social media handles.

Azpilicueta enjoyed his most successful years at Chelsea after joining the club from Marseille in 2012. During his 11-year spell at Stamford Bridge, he made more than 500 appearances and became the first player in the club’s history to win every major trophy available.

As Chelsea captain, Azpilicueta famously lifted the UEFA Champions League trophy in 2021 under Thomas Tuchel, adding to Premier League, Europa League, FA Cup, UEFA Super Cup and FIFA Club World Cup triumphs during his time in London.

Following his departure from Chelsea in 2023, the veteran defender spent two seasons with Atlético Madrid before joining Sevilla FC for the final chapter of his career.

Azpilicueta also represented Spain at international level, earning 44 senior caps and featuring in multiple FIFA World Cups and European Championships.

In an emotional farewell message, the defender admitted it was difficult to make the decision but thanked supporters, teammates, coaches and clubs who shaped his journey in football.

Tributes have since poured in from fans and former teammates, with many describing Azpilicueta as one of Chelsea’s greatest modern-day captains and one of the most respected defenders of his generation.

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BREAKING: Shock Omissions as Palmer and Alexander-Arnold Miss England World Cup Selection

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BREAKING: Shock Omissions as Palmer and Alexander-Arnold Miss England World Cup Selection—-Ex-Chelsea Manager Thomas Tuchel makes bold selection calls ahead of tournament in North America.

England manager Thomas Tuchel has made several major selection decisions after leaving Cole Palmer and Trent Alexander-Arnold out of the Three Lions’ final squad for the 2026 FIFA World Cup.

The omissions have quickly sparked debate among fans and pundits, with both players considered among England’s biggest talents in recent years.

According to reports, Tuchel opted for balance, tactical flexibility, and current form when finalising his 26-man squad for the tournament in the United States, Canada, and Mexico.

Palmer’s exclusion comes despite the Chelsea star’s strong performances over the last two seasons, while Alexander-Arnold reportedly missed out due to tactical preferences and competition in defensive areas.

The squad announcement also saw several surprise inclusions, including Ivan Toney and Djed Spence, while experienced names such as Jordan Henderson earned recalls.

Other notable absentees include Harry Maguire and Phil Foden as Tuchel reshapes the squad ahead of England’s World Cup campaign.

England will head into the tournament hoping to end decades of hurt and finally lift the World Cup trophy for the first time since 1966.

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