NIGERIANS LOSE OVER N1.3 TRILLION IN CBEX DIGITAL TRADING PLATFORM CRASH. (PHOTO).

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 Nigerians Lose Over N1.3 Trillion in CBEX Digital Trading Platform Crash Nigerians are reeling from a massive financial blow after CBEX, an unregistered digital asset trading platform, allegedly wiped out over N1.3 trillion from investors’ accounts on Monday. The platform, which operated without approval from the Nigeria Securities Commission (SEC), crashed, leaving investors unable to access their funds. Outraged investors flooded social media, particularly X, to express their frustration. CBEX reportedly locked its Telegram channels and suspended withdrawals, offering investors verification options of $2,000 for $200 or $1,000 for $100, further fueling suspicions of foul play. Cryptocurrency expert Taiwo Owolabi estimated the stolen funds at $847 million in USDT, with losses likely to rise. Speaking on an X space, Owolabi criticized the platform’s operations, alleging that CBEX’s website was designed to mask its fraudulent activities. “When you make payments, they move funds fro...
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HOODLUMS DISRUPT RERUN ELECTION IN ENUGU. (PHOTO).

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 Hoodlums disrupt rerun election in Enugu


Hoodlums on Wednesday disrupted the Enugu rerun election for Enugu South 1 State Constituency, the Independent National Electoral Commission (INEC) has revealed.


INEC said this in a short note on its verified X social media handle on Wednesday.


“Report from our Enugu State office indicates that hoodlums have disrupted the electoral process in the state constituency.


“Fortunately, no casualties were reported, but election materials were destroyed, and voters were obstructed from casting their votes.


“Our officials have been safely evacuated with assistance from security agencies.


“In contrast, the supplementary election in the Jalingo/Yorro/Zing Federal Constituency of Taraba State is unfolding peacefully across three local government areas,” it added.

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