Year: 2025
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Inside the N1.3tr CBEX scam that left thousands bankrupt
On the night of April 15, thousands of Nigerians were left reeling from the collapse of CBEX, a cryptocurrency investment platform that promised quick wealth through high returns. As news spread that the platform had vanished, leaving its investors penniless, a scene of chaos unfolded in Ibadan, where hundreds of victims gathered in desperate search…
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Again, Dangote Refinery Crashes Petrol Price
In a significant development, Dangote Petroleum Refinery has announced a further reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol. The new price is set at N835 per litre, down from N865 per litre, marking a 3.5 per cent decrease.This price adjustment follows the recent decline in global crude oil…
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How ‘Osupa’ stopped Portable’s re-arrest in Ilorin over alleged N6.3m fraud
Vanguard News Unknown to the controversial musician Habeeb Okikiola, popularly known as Portable, plans had been hatched to rearrest him immediately he was released from the correctional facility at Okekura on Tuesday, this time over his failure to perform at the Kwara Tampan Fiesta at Starwood Hotel, Gaa Akanbi junction in Ilorin on September 29,…
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FG Declares Public Holidays For Easter
The Federal Government has declared Friday, 18th and Monday, 21st April 2025 as public holidays to mark the Christian festival of sacrifice and resurrection – the Good Friday and Easter Monday – respectively. Minister of Interior, Dr Olubunmi Tunji-Ojo who made the declaration on Tuesday on behalf of the Federal Government, extended heartfelt congratulations to…
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UNILORIN Final Year Student Sets New Global Record in Mathematics Marathon
A 400-level University of Ilorin Mathematics Student, Kazeem Sanusi, has set a new Guinness World Book Record for the ‘Longest Mathematics Lesson’ with a lecture spanning 31 hours, 42 minutes, and 54 seconds, According to a statement by Kunle Akogun, the institution’s Director of Corporate Affairs, the groundbreaking event on Tuesday, which representatives of Guinness…
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JAMB Sends Message To 2025 UTME Candidates
The Joint Admissions and Matriculation Board (JAMB) has assured that no candidate would sit for the board’s examination outside their state of registration. Dr Fabian Benjamin, Public Communication Advisor, JAMB, gave the assurance in a telephone interview with the News Agency of Nigeria (NAN) on Tuesday in Abuja. Benjamin explained that some candidates, who sat…
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Things To Know About Digital Trading Platform, CBEX
CBEX is a digital trading asset platform that promised investors a 100 per cent return on investment in 30 days. Its purported goal was to create a secure, transparent environment for transactions. However, its operational model has recently come under scrutiny as allegations of fraud and deceptive practices emerged. The platform is said to display…
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Portable Regains Freedom as Saheed Osupa Withdraws Cyberstalking Case
Popular fuji icon, Okunola Saheed, widely referred to as ‘Osupa’ , has terminated his case against controversial singer, BadmusPopular fuji icon, Okunola Saheed, widely referred to as ‘Osupa’ , has terminated his case against controversial singer, Badmus Okikiola, popularly called Portable. Osupa’s solicitor, Ahmed Opalekunde, confirmed to The PUNCH Online on Tuesday, the filing for…
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Frustrated ‘investors’ loots CBEX office in Ibadan
The Nation Newspaper A group of angry investors stormed the CBEX office in the Oke Ado area of Ibadan, Oyo State, after the digital trading platform reportedly crashed, leaving many users with zero balances in their accounts. The mob forcibly entered the premises, looting furniture and office equipment. The incident was triggered by widespread frustration…
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OAU Law Graduate Chronicles ’29 Slaps’, Other Assaults Suffered From Military Officers in Ekiti
A law graduate of Obafemi Awolowo University, OAU, simply identified as Adebiyi, has narrated how he suffered physical assault from the military officers whose name tags were not on them while the assault was being carried out last week Saturday. Vreporters gathered that, Fashoyin was in Ekiti to observe the National Election of the Federation…