₦airaland Forum

Climate for where, this dey find money to fight wetin no b our problem

In need of African soldiers

Suffer no go tire some people

Morning

Printerscanner:
This boy shouldn’t have locked up his elder brother for stealing from him nah. Na your brother steal your money, if he no steal from you, shey make he go steal from outside ni?

wait make same happen to u you

EFCC Detains Two in Ongoing N1.3 Trillion CBEX Cryptocurrency Scam Probe

The Economic and Financial Crimes Commission (EFCC) has taken two individuals into custody in connection with the suspected N1.3 trillion fraud involving the cryptocurrency platform, Crypto Bridge Exchange (CBEX).

While four Nigerians, including a pair of siblings, have been linked to the company, the EFCC has yet to disclose their identities. A British national is also reportedly under investigation, although details of his role remain unclear at this time.

Investigators from the EFCC worked through the public holiday on Friday to make progress on the high-profile case. A reliable insider confirmed the arrest of two suspects, noting that preliminary interrogations have commenced. The investigation seeks to uncover how CBEX penetrated Nigeria’s digital asset trading ecosystem.

EFCC Chairman, Ola Olukoyede, who returned to the country last Thursday, is personally overseeing the ongoing probe. Authorities say they are closely monitoring five individuals, including the British suspect, but are taking careful steps to avoid any misidentification or legal missteps.

The source said: “We are still in the early stages of the investigation. While the suspects are cooperating, we are piecing together how CBEX was formed, who funded it, the secondary entities involved, and the role played by institutions like the Corporate Affairs Commission (CAC).”

When asked why the identities of the two arrested suspects remain undisclosed, the official explained that releasing names too early could compromise the integrity of the investigation.

Meanwhile, Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, explained why no regulatory action had been taken against CBEX earlier. Speaking on Monday, he stated that CBEX was never registered with the commission, making regulatory oversight difficult until now.

Dr. Agama emphasized the importance of investor education, revealing that the SEC has recently stepped up its outreach through nationwide awareness events and a new podcast series launched two months ago.

“Nigerians should always verify investment opportunities before committing their money. Consult a financial advisor, lawyer, or registered broker,” he advised.

He also cautioned online content creators and influencers against promoting unverified investment schemes, referencing the new Investment and Securities Act (ISA) 2025, which imposes a fine of N20 million and up to 10 years in prison for such offenses.

“If you’re a blogger or influencer and you knowingly promote fraudulent platforms, the consequences are serious under the new law,” he warned.

https://blog.iyebi.com/efcc-arrests-two-suspects-over-n1-3tr-cbex-scam/

Lol we hear

What's the price first before person begin msg u

Bless

Still

DFSX7890:
also platforms you can use , where you can check and buy website .

hmmm

Still

Still

Yes

My baby mama
Mother
Sister inlaw where all in the house

If that isn't hunted wat is it

DataDoc:
My friend is always on WhatsApp shouting "salary is not enough". That guy does up to four jobs, inside this Nigeria. This is just one example out of many I know.
Me sef, I dey find other jobs to add to this my doctor work.

My job

Web designer
Music producer
Online Advertisers

Even when I get jobs from all three in a month I wake up trying to move my feeding around to sustain me n my family

Stop paying offering n tithe, lets see how he gonna start talking

have big boobs friends

AND POVERTY INCREASE BY HOW MANY PERCENT?

I understand the divorce matter, but how are boys in a hotel causing nuisance

n d liability is earning?

Domainer1999:
Saving is for the poor, the rich invest.

the rich only invest when they have savings

Girl go enter picture now every thing go go

Birthday turn sad day, the next birthday no go sweet her at allllll, damn.

femi4:
That's £275. Not really great

na uk e dey?

That one never still go jail

brain54:
Not likely to end well...

Won't ague with u, knowing well Nigerians take pride in looking for who to suck dry.

From self inflating price to making the movies like they have 20 more that month to make.

He should just build Hollywood in is own way cause we like to dry good people up n call it smartness