A wave of outrage swept through the Oke-Ado area of Ibadan on Monday as angry individuals stormed the local office of CBEX, a digital trading platform, looting furniture and other valuables in the wake of the platform’s sudden crash. The incident followed reports that the platform had allegedly gone offline, leaving users with zero balance […]

Barely 48 hours after a warning was raised about the legitimacy of CBEX, a Chinese-operated investment platform, the scheme has reportedly crashed, leaving thousands of Nigerian investors stranded and unable to access their funds. CBEX, alongside its sister platform PCEX, had been operating in Nigeria for approximately six months. The platforms promised investors a 100% […]