Admin I Wednesday, April 16, 2025
LAGOS, Nigeria – The Nigerian investment landscape has been rocked by the alleged collapse of a digital investment platform known as CBEX, leaving a trail of distraught investors counting significant losses.
Reports emerging on Tuesday, April 15, 2025, indicate that the platform has seemingly vanished, with investors claiming losses exceeding a staggering ₦1.3 trillion.
This development has sent shockwaves through the Nigerian financial community, highlighting the persistent risks associated with unregulated online investment schemes.
While details surrounding CBEX remain somewhat murky, preliminary information suggests it operated as a digital investment platform, possibly dealing in cryptocurrency or other online assets.
The platform allegedly offered lucrative returns to investors, a common characteristic of Ponzi schemes that entice early participants with payouts funded by subsequent investors.
