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CBEX: Two more suspects declared wanted

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The Economic and Financial Crimes Commission, EFCC, has declared two more persons wanted in connection with an alleged cryptocurrency fraud scheme linked to the collapsed digital trading platform, Crypto Bridge Exchange, CBEX.

The EFCC, in a notice issued on Wednesday via its official social media channels, identified the suspects as Folashade Odelana and Bamidele Ayodele Abiodun, who are 31 and 32 years old respectively.

They were accused of orchestrating fraudulent activities on the platform, which reportedly led to substantial financial losses for unsuspecting investors.

The anti-graft agency said the last known address of the duo is No. 17, Oremeta Street, Allen, Ikeja, Lagos State.

“The public is hereby notified that the persons whose photographs appear below are wanted by the Economic and Financial Crimes Commission (EFCC) for fraud allegedly perpetrated on an online trading platform called Crypto Bridge Exchange (CBEX),” the statement read.

The EFCC called on members of the public with credible information regarding the suspects’ whereabouts to contact its offices across Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt, or Abuja.

Contact can also be made through its official helplines or via e-mail at info@efccnigeria.org, or by reporting to the nearest police station or security agency.

This latest development brings the total number of individuals declared wanted in connection with the CBEX fraud to 12.

Recall that in April 2025, panic spread among CBEX users after they were suddenly unable to access or withdraw their investments from the platform.

The incident, which reportedly affected over 600,000 Nigerians, resulted in the loss of more than ₦1.3 trillion, according to victim estimates.

The scale of the collapse sparked nationwide outrage, with many investors demanding swift justice and restitution.

Earlier, the EFCC had declared eight persons wanted in relation to the same case.

They include Adefowora Abiodun Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Johnson Okiroh Otieno, Israel Mbaluka, Joseph Michiro Kabera, and Serah Michiro. Arrest warrants have since been secured for six suspects: Olanipekun, Oluwanisola, Uko, Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim.

The EFCC Chairman, Ola Olukoyede, assured the public that the commission was making progress with its investigations and recovery efforts.

 

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I’ll never go to Arise TV until he’s removed – Igbokwe on clash between Minister Umahi, Rufai

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A Chieftain of the All Progressives Congress, APC, Joe Igbokwe has vowed to steer clear of Arise Television until one of the TV’s presenters and show host, Rufai Oseni, is sacked.

Igbokwe’s remark followed a drama that ensued between the Minister of Works, David Umahi and Rufai during an interview on The Morning Show on Monday.

According to a trending video, the minister, who was furious over some questions that were put out to him by Rufai regarding the Lagos-Calabar Coastal Road, asked the show host to keep quiet.

Umahi claimed he is a professor in the field of engineering and has vast knowledge regarding the federal government projects.

But Rufai became inquisitive and demanded to know the year the minister became a professor.

Reacting to the drama, Igbokwe in a Facebook post, said until Rufai is sacked, he will not appear on the TV station, stating that the station has “become a TV Station of anything goes.

“I will never go there again until Rufai Oseni is removed.

“The Animal Science graduate is making a mockery of Journalism. Televion Station is not a place for mediocres and noise makers”, the APC chieftain posted.

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Alleged Christian genocide: US Rep asks Trump to tag Nigeria ‘Country of Particular Concern’

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A lawmaker representing West Virginia’s Second District in the United States House of Congress, Rep Riley M. Moore, has written to President Donald Trump, asking the US government to immediately designate Nigeria as a Country of Particular Concerns, CPC.

The letter dated October 6, 2025, and addressed to Marco Rubio, Secretary of State, US Department of State in Washington DC, was sighted by Ekwutosblog on Tuesday.

In the letter, the lawmaker urged the US government to immediately halt sales of arms and all associated technical support to Nigeria until the “Nigerian government demonstrates that it is sufficiently committed to ending the reign of persecution and slaughter”.

Moore claimed that from January to September 2025 alone, no fewer than 7,000 Christians have been gruesomely murdered by “Muslim extremist groups”.

He alleged that at least 250 Catholic Priests have been attacked or killed across the country since 2015, stressing that “between Boko Haram uprising in 2009 and 2025, 19,100 churches in Nigeria have been attacked or destroyed”.

Ekwutosblog reports that President Trump had during his first tenure designated Nigeria as a CPC but his successor, former President Joe Biden reversed the designation.

 

US Senator Ted Cruz, television host Bill Maher, and political commentator Van Jones had also alleged that Nigeria is witnessing a “Christian genocide”.

During a recent podcast appearance with American talk show host Bill Maher, Senator Cruz alleged that Christians were being systematically targeted and killed in Nigeria, describing the situation as “genocide”.

But the Federal Government had since dismissed the report, stating that the deteriorating security situation in the country does not target a particular religion.

The Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, in a recent statement, described the allegations as false, misleading and capable of inciting division.

According to him, the foreign commentators were “orchestrating wild allegations about unproven ongoing genocide” in Nigeria and urged Nigerians and the international community to reject attempts to “robe the country with a garment that is not hers”.

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Subject: A cashier at a Kingsway store.

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Location: Lagos, Nigeria.
Date: Circa January 1962.

Photographer/Source: Pix/Michael Ochs Archives.
Significance: The image captures the era of Kingsway Stores, which symbolized modern and cosmopolitan life in West Africa in the early 1960s.
About Kingsway Stores

Origins: The chain began as Lever’s Stores in 1922, evolving through Opobo Stores Ltd before becoming Kingsway Stores Ltd in 1947.

Expansion: The first store in Nigeria opened in Lagos in 1948, followed by others in cities like Freetown, Accra, Ibadan, and Port Harcourt.

Impact: Kingsway Stores represented a modern, western-style shopping experience, with departments for various goods, and were a popular shopping destination for Nigerians.

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