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Taye Currency Speaks out After Losing N10 Million to CBEX Platform

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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.

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


 

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Entertainment

Kim Kardashian Dazzles Fans in Trailer for Ryan Murphy’s “All’s Fair”

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Popular American Socialite Kim Kardashian gets attention from fans as the trailer for “All’s Fair”, a production by Ryan Murphy was released.

It can be noted that the socialite has been casted in the drama. “All’s Fair” is a drama based on an all female law firm, who fight to represent women in need with the tag “women representing women”.

Kim Kardashian plays a divorce attorney in the drama alongside popular actresses such as Naomi Watts and Niecy Nash-Betts.

The socialite shares the trailer on her social media page and fans react in awe of seeing her act once again. Many applaud her and state the role and acting gig as her calling.


 

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Nigerian Singer Omah Lay Announces Upcoming Album, Fans Anticipate

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Nigerian singer Omah Lay takes to social media to share his thoughts on the importance of money.

The singer takes to his official instagram page to share his brief thought on money and uses the chance to announcement his upcoming album.

Clarity Of Mind, Money is everything.” Fans then react by hyping up the singer as they await in anticipation for the upcoming album.


 

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Entertainment

Davido Reveals How He Chased Hennessy Out of Nigeria for Martell

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Nigerian Singer Davido shares how he chased a brand out of Nigeria due to his influence to its competitor.

During a recent interview, the singer shared his influence on Martell as their brand ambassador. He states the positive impact he has brought to the brand’s image.

When Martel came, I grew Martel’s GDP in Africa over 22%. That’s one individual doing that. That’s not like 10 artists doing that. Basically, I chased Henessey out of Nigeria. Go to the club, it’s hard to see a Hennessey bottle. It’s all Martell. I got called by the boss.”


 

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