Connect with us

News

CBEX: Two more suspects declared wanted

Published

on

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.

 

News

Nnamdi Kanu’s Radio Biafra paralyzed the economy of South east through the sit@home orders—-DSS

Published

on

 

The Department of State Services told the Federal High Court in Abuja on Friday that the broadcasts by the leader of the proscribed Indigenous People of Biafra, Nnamdi Kanu, directly contributed to economic paralysis in the South-East region.

The fourth prosecution witness, a DSS operative codenamed Mr DDD for security reasons, testified before Justice James Omotosho, led in evidence by the prosecution counsel, Chief Adegboyega Awomolo (SAN).

Mr DDD, in his testimony, said Kanu’s broadcasts incited the enforcement of IPOB’s sit-at-home order through its militant wing, the Eastern Security Network.

“From my investigation, the defendant’s broadcasts directly contributed to economic paralysis in the South-East, as they fuelled the enforcement of IPOB’s sit-at-home order,”

 

Continue Reading

News

Chuba Okadigbo international airport in Ebonyi commenced full flight operations Today

Published

on



Commercial flight operations at the Wilberforce Chuba Okadigbo International Airport, Onueke, have commenced following successful rehabilitation of its runway and six months of charter test flights.

Few days ago ‎the Commissioner for Aviation and Technology, Dr. Ngozi Obichukwu, revealed that United Nigeria Airlines will commence scheduled commercial flights from June 13, offering routes from Onueke to Abuja and Lagos and today that became a reality as first commercial flight has landed at the airport

‎For now operations will run twice a week—Abuja flights on Mondays and Lagos flights on Fridays.

‎ the commissioner for aviation in Ebonyi state, has stated that Honourable governor of Ebonyi Francis Ogbonnaya Nwifuru, has made air travel affordable by subsidizing ticket prices to a flat rate of ₦100,000 for both Lagos and Abuja routes—less than half the typical fare,” Dr. Obichukwu stated.

‎The commissioner emphasized that Ebonyi State is set to leverage the airport’s cargo facilities for international export of agricultural produce and solid minerals, including yams, rice, cassava, salt, and limestone.

“We are in talks with partners from Dubai and Canada to establish cargo flight arrangements. Ebonyi is ready for global trade,”

Continue Reading

News

Explosions in Tel Aviv as Iran launches major missile attacks on Israel

Published

on

Iran has fired hundreds of various ballistic missiles towards Israel.

Iran described it as the beginning of its “crushing response” to Israeli attacks on the country on Friday.

The development comes after Ekwutosblog reported that Israeli military carried out dozens of airstrikes on Iran.

 

Many media outlets report that smoke could be seen rising from Tel Aviv, and explosions were heard in both Tel Aviv and Jerusalem following the retaliation from Iran.

Meanwhile, the Israel Defense Forces, IDF, have confirmed that Iran launched major ballistic missiles against Israel.

IDF said defence systems were actively intercepting the threat.

Authorities in Israel have issued an urgent directive to all civilians to enter a protected space immediately and remain there until further notice.

Continue Reading

Trending