Entertainment
Taye Currency Speaks out After Losing N10 Million to CBEX Platform
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.
He’s now believed to be the first public figure in Nigeria to openly admit losing money to the collapsed platform.
Nigerian comedian and media personality, Nedu Wazobia, speaks on his exit from Wazobia FM.
It can be noted that the comedian has worked with the organization for over a decade — 13 years.
While speaking, he expressed his disappointment with not having a send-forth after his contribution to the media house. “I worked in Wazobia for 13 years plus and when I resigned, they didn’t even do me a send-forth…”
Nigerian singer Omah Lay reveals that he rejected an offer from Davido to work together again on a track.
The singer shared his reason as he revealed this, stating he wants to pursue his career solo before any big collaboration.
“After we dropped the hit song ‘With You’, Davido called me for a new collaboration but I declined because I have my career to pursue too.”
Nigerian singer Harry song speaks on the rising insecurity in the country and shared that increasing the security income can help improve their performance in securing the country.
The singer took to social media and urged the government “TO MR PRESIDENT. IF YOU REALLY, TRULY WANNA END INSECURITY IN NIGERIA? Start by increasing the salary and allowances of the armed forces. The salary of the army, the navy, the air force, the Nigerian Police Force is too small, too shameful. Increase their salary, this job should be worth dying for. Increase their salaries ooooooo pls and pls.”
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