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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

Beauty in Black Returns with More Twists and Drama

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Beauty in Black is back with season 2 part 2 after dropping part 1 in January.

We are excited to see Kimmie in power and how she has handled the journey and the battles that will come from joining the family.

Williams tells supporters, “Kimmie is done proving she belongs, and she’s claiming her place.”

It can be recalled in part 1 that it ended in Rain putting Jules’ son in critical condition, well let’s see how they navigate this one in part 2.


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Singer Asake Turned Down Studying Abroad — Mother Reveals

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Mother of Nigerian singer, Asake revealed that he once rejected the opportunity to study abroad.

In a recent interview with Korty EO, the singer shared that it was against his father to pursue music. His mother then recalled how he came to turn them down on studying abroad and stated he wanted to stay and learn in Nigeria.

The singer studied performing arts at OAU.


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Entertainment

Actor Kehinde Olasehinde “Pa James” Opens Up on Career Struggles

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Nigerian actor, Kehinde Olasehinde, popularly known as Pa James from the show Papa Ajasco and Company.

The actor makes headline as he speaks out on his own challenges amid the controversy between Papa Ajasco challenges and Wale Adenuga addressing.

The actor shared that while the job as Pa James helped in the beginning, he shared that things changed over time.

He shared that the break in between production affected him. He also added that his pay changed from the first series till over time.

“I still work with Wale Adenuga…” He shared it’s advisable to have a job on the side when being an actor.

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