Connect with us

Entertainment

Taye Currency Speaks out After Losing N10 Million to CBEX Platform

Published

on

Photo source: Google

Popular Fuji artist Taye Currency has spoken out after losing N10 million to the now-defunct digital trading platform, CBEX.

The platform, which reportedly shut down on Monday, April 14, 2025, is said to have vanished with over N1.3 trillion in investors’ funds. This locked users out of their accounts and left many in shock.

During a recent live show, Taye Currency opened up about his painful experience in a video that has now gone viral. Speaking in Yoruba, the singer expressed deep frustration and cursed those who encouraged him to invest in the scheme.

According to him, four close associates—Sodiq, Alaba, Brother Muca, and his band manager Lateef—were all involved. They each invested large sums, including Alaba who allegedly stole N1.2 million during a performance just to join the scheme.

Taye Currency said he felt like he would develop high blood pressure if he didn’t speak out. He addef that he trusted his team with the N10 million investment which disappeared when the platform crashed.

Advertisement

He’s now believed to be the first public figure in Nigeria to openly admit losing money to the collapsed platform.


 

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entertainment

Fans React as Wizkid Joins Burna Boy–DJ Tunez Drama

Published

on


Nigerian singer Wizkid has reacted to the reported clash between Burna Boy and DJ Tunez.

Wizkid took to social media to mock Burna Boy, making controversial remarks and referencing Sean Diddy Combs.

His comments have since sparked reactions online, with fans divided over the ongoing tension between the artists.


Continue Reading

Entertainment

Moses Bliss Apologises After Graphic Design Backlash

Published

on


Nigerian gospel singer Moses Bliss has reacted to the public backlash he faced following a request he made to graphic designers.

It can be noted that the singer took to social media asking for a graphic designer to create a flyer, which later turned into a challenge that many criticised, stating it undervalued creatives.

Moses Bliss has now issued an apology, saying “I sincerely apologize to every graphic designer who felt disrespected or undervalued… that was never my intention.”

He added “The goal was to give creatives a platform to showcase their work, not to undermine their value.”


Continue Reading

Entertainment

Is AI Replacing Artists? DJ Neptune Shares Concerns

Published

on


Nigerian DJ, DJ Neptune has expressed concern about the growing influence of artificial intelligence in the music industry and how it could affect jobs.

It can be noted that similar concerns have previously been raised online, especially on platforms like Twitter, where many fear AI could replace artists and producers.

He wrote “AI is quietly about to retire the entire music production and mastering industry. I have seen scary things tonight. God help all of us in this ecosystem.”

He further shared how advanced AI tools are already capable of producing high-quality music, raising questions about the future of human creativity in the industry.


Continue Reading

Trending