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JUST IN; Tension rises as CBEX platform empties investors’ accounts

There is growing tension among users of CBEX, a popular cryptocurrency and forex trading platform, following reports that the company has emptied the accounts of hundreds of investors without prior notice.

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CBEX, which gained widespread attention in recent months for its high-yield investment packages and aggressive online marketing, is now at the center of what appears to be a major investment scam. The development has left many Nigerians devastated and financially stranded.

Multiple users who spoke to Tribune correspondent revealed that they logged into their CBEX dashboards over the weekend only to discover that their account balances had been wiped out, with no explanation or prior communication from the platform’s administrators. Some investors claimed to have committed amounts ranging from ₦200,000 to over ₦5 million.

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“I thought it was a glitch at first,” said Kunle Adewola, a tech expert. “But when I tried to withdraw and got an error message, I knew something was wrong. My entire savings is gone.”

The incident comes just hours before the anticipated withdrawal date of April 15, which CBEX had earlier promised investors after suspending all withdrawals on April 11.

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Reactions have flooded social media platform X (formerly Twitter), with users sharing complaints, screenshots, and rallying around hashtags like #CBEXScam and #JusticeForCBEXInvestors.

Twitter user @DaddyGO4825 wrote,
“Cbex finally crashed. Check your account AI trade all. Millions of money gone 😭😭😭 This is so sad. Sorry for the lose.”

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Another user, @purity_gifts, tweeted,
“Let me go and take antibiotics to cure this #CBEX scam headache… My dream car will have to wait.”

@the_cruisetv commented,
“If you know anyone doing CBEX please hold them tight 🙂 they are going through a lot rn 💔💔💔💔 Where’s that Aunty 15th of April? 😂”

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User @r2kizzmusic shared,
“So I was invited to CBEX all in the name of making enough money to push my unreleased song Alhamdullilah which I have been begging @Zlatan_Ibile for a verse only to wake up today and discover that all my $4000 dollars is gone 😭😭😭😭😭😭😭 at this point I am lost.”

Another user, @Omo_Harkin1, tweeted,
“AI don lost all of una trade 😅😅 They don lie on top AI head. Congratulations to all of una o.”

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And @Fresh_Thiago urged,
“If you have any of your friends or family members wey run CBEX try check on them now ASAPU #CBEX.”

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JUST IN; Oyo Governor, Makinde names Olubadan as Chairman Oyo Council of Obas

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JUST IN; Oyo Governor, Makinde names Olubadan as Chairman Oyo Council of Obas

Oyo State Governor, Seyi Makinde, has inaugurated the Oyo State Council of Obas and Chiefs, declaring that the Olubadan of Ibadan, Oba Rashidi Ladoja, will be heading the council for a period of 2 years.

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The declaration follows the passing of the Oyo State Council of Obas and Chiefs (Further Amendments) Bill, 2025, by the state House of Assembly, and the signing of the same into law by the governor.

Recall that the lawmakers had amended Clause 5 of Section 28 of the Chieftaincy Law to make the Council chairmanship rotational among the Alaafin of Oyo, the Soun of Ogbomoso, and the Olubadan of Ibadanland.

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While inaugurating the Council, Governor Makinde said he had consulted with the trio of the Alaafin, the Olubadan and the Soun, with the three of them reaching a consensus that the chairmanship should start with the Olubadan of Ibadanland, His Imperial Majesty Oba Rashidi Ladoja.

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NPF committed to community policing, says IGP Egbetokun

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NPF committed to community policing, says IGP Egbetokun

The Inspector General of Police (I-GP), Dr Kayode Egbetokun, has assured that the police remained committed to community policing to ensure that criminals were drastically reduced in the country.
The I-GP, who was represented by the Assistant Inspector of Police ( AIG) Zone 17, Dr Ajani Musibau, stated this at the Police Community Relations Committee ( PCRC) National Leadership Training and Conference on Thursday in Akure.
The theme of the conference is: “Inclusivity and Diversity: the New Leadership Paradigm.”
He said that security could not be achieved by only the police, but with the support from the community.
The I-GP stated that security was a joint work and responsibility of all, commending the current leadership of the Nigeria Police for a paradigm shift towards modern policing.
Also, the Commissioner of Police in Ondo State, Mr Adebowale Lawal, said that bandits could not infiltrate the state due to community policing strategy embraced by the command.
He explained that bandits would have infiltrated the state through Kogi and Edo, but intelligence reports from members of PCRC had been a great help to the police command.
According to him, the support and logistics received from the Inspector General of Police, Dr Kayode Egbetokun and Gov. Lucky Aiyedatiwa had also motivated police personnel to work earnestly.
He said that effective community policing was a sure way to curb activities of criminals, and implored members of the public not to relent in their efforts to provide police and other security agencies with useful information.
Lawal also commended other conventional security agencies, forest guards and vigilantes for their support to the police in fighting bandits
In his remarks, the National Chairman of PCRC, Alhaji Ibrahim Mogaji said that the conference was to strengthen leaders of PCRC in the South-West zone and encourage them to redouble their efforts and support in fighting crimes.
According to Mogaji, the occasion also enabled the association to appreciate Gov. Aiyedatiwa, I-GP, the AIG Zone 17 and the state Commissioner of Police.
He advised the participants to moblise other members of PCRC and orientate them on their roles to continue to fight crime in the country.
The PCRC national chairman asked Nigerians to respect the dignity of police and to be civil when interacting with them.
Mogaji said that the leadership training would be replicated in other geo-political zones of the country.
Also, Aiyedatiwa, represented by his Senior Special Assistant on Security, Mr Gbenga Atiba, commended the PCRC , AIG Zone 17, and the Commissioner of Police for their unrelenting efforts to guarantee peace across the state.
Aiyedatiwa promised that the state government would give PCRC attention and continue to support police and other security agencies with appropriate logistics that would make policing more effective.
A guest lecturer, Comrade Yinka Folarin asked members of the public to give respect and dignity to members of the police, saying that they also had rights that must be respected.
The News Agency of Nigeria (NAN) reports that PCRC honoured Gov. Aiyedatiwa, AIG Zone 17 and the Commissioner of Police with awards. (NAN)

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Increase salary, welfare packages for Police other security personnel – FG told

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Increase salary, welfare packages for Police other security personnel – FG told

Peoples Democratic Party (PDP) has called for improved welfare packages for armed forces personnel and all members of the security and intelligence community to aid their effectiveness and efficiency.

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National Chairman of PDP, Tanimu Turaki, made the call in a statement in Abuja on Thursday to mark the 2026 Armed Forces Celebration and Remembrance Day.

Turaki also urged the Federal Government to adequately fund security agencies to effectively neutralise those he described as agents of insecurity, and restore peace to the country.

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He expressed PDP’s condolences to the families of members of the armed forces who died in active service while executing their mandate of protecting Nigeria’s territorial integrity and sovereignty.

“On a day like this, we acknowledge that they paid the supreme price for the continuous existence of our country.

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“We advise all actors, whether state or non-state, not to engage in actions capable of destabilising the country.

“In honour of those who have died to keep our country safe, we pray that their deaths may not be in vain and their labours not forgotten,” Turaki said.(NAN)

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