You’ll get your money back,’ EFCC assures CBEX investors

The Economic and Financial Crimes Commission (EFCC) has assured investors of the collapsed digital trading platform, CryptoBank Exchange (CBEX), that efforts are underway to recover their funds. CBEX, which allegedly defrauded investors of N1.3 trillion, crashed earlier this week, leaving thousands unable to access their money. The Morning Brief, EFCC…

Explosion in Borno Claims Seven Lives, Injures Several

An explosion along the Maiduguri-Damboa Road in Borno State has tragically claimed the lives of seven commuters and left several others injured. The incident occurred on Saturday, April 12, 2025, when an Improvised Explosive Device (IED), allegedly planted by Boko Haram insurgents, detonated on the dilapidated road. The explosion targeted…

Nigeria’s External Debt Reaches ₦66.14 Trillion in Q3 2024

The Central Bank of Nigeria (CBN) has reported that the nation’s external debt stock rose to ₦66.14 trillion ($43.03 billion) by the third quarter of 2024. This highlights Nigeria’s growing dependence on foreign loans to address budget deficits and fund development projects. The current figure reflects a 0.30% increase from…

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