Business
CBEX meltdown sparks renewed calls for financial vigilance among Nigerians

This unexpected failure has shaken investor confidence and raised serious questions about the security and reliability of online trading platforms in the country. Many users reported difficulties withdrawing funds and confusing transaction records before the meltdown occurred.
The incident has now ignited heated discussions among financial experts and regulators who are urging for stricter oversight and enhanced security measures to protect consumers. In the aftermath of this crisis, investors are being advised to exercise extreme caution and thoroughly vet any platform before committing their funds.
Renewed calls for greater transparency and accountability may pave the way for improved regulations that prevent similar crises in the future.
ALSO READ: What is CBEX and has it crashed indefinitely?
Mounting financial damage
Investors have collectively lost an estimated N1.3 trillion, a figure that not only represents individual hardships but also signals systemic vulnerabilities within digital trading ecosystems. such staggering losses have sparked urgent calls for fiscal reforms and stricter monitoring of online trading platforms to protect consumer investments.
Withdrawal woes and liquidity concerns
Numerous users encountered prolonged delays and unexpected blocks when attempting to withdraw funds. these issues have raised red flags about the platform’s liquidity and its ability to meet investor demands in a timely manner, suggesting that underlying financial mismanagement could be at play.
Misleading transaction records
Investors have reported that the platform displayed transaction histories that painted a false picture of active trading. these misleading records created an illusion of normalcy while masking the actual difficulties users were facing when trying to access their funds.
EXPLORE: PCEX: Evaluating its operational integrity or signs of crisis
Opaque operational practices
A lack of transparent internal procedures has contributed to growing mistrust among users. With scant independent audits and little regulatory oversight, investors are left questioning whether cbex operates with the necessary rigor to ensure fair trading and secure asset management.
Regulatory scrutiny and intervention
The meltdown has prompted regulatory bodies to step in and investigate the practices of cbex. This increased scrutiny is a crucial step toward ensuring that digital trading platforms adhere to stricter standards, thereby protecting the interests of investors and restoring confidence in the market.
Investor frustration and public outcry
Across social media and investor forums, anger and disillusionment are palpable. Affected investors are demanding accountability and the prompt recovery of lost funds, while urging their peers to be extra cautious when engaging with poorly monitored online trading platforms.
Lessons for financial vigilance
The crisis has underscored the importance of due diligence in the digital asset space. Experts now stress the need for investors to verify regulatory compliance, seek platforms with proven track records, and continuously monitor the operational health of their chosen digital trading services.
The cbex meltdown stands as a powerful reminder that in a digital market, robust regulatory oversight and persistent financial vigilance are the keys to safeguarding investments and ensuring a resilient trading environment for all.
RECOMMENDED: Ponzi scheme: 5 facts about CBEX digital trading platform
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Business
Financial Experts back book aimed at teaching children about money

A new children’s book titled “Cracking the Money Code” was officially launched to a room filled with education leaders, banking
read more Financial Experts back book aimed at teaching children about money
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Business
Inter Milan Reaches Champions League Final With BlockDAG on Board, While TRX Volume Hits $750M and DOGE Drops 5%

Big moments in sports and tech don’t just grab attention, they shift momentum. While Tron (TRX) sees its DEX volume
read more Inter Milan Reaches Champions League Final With BlockDAG on Board, While TRX Volume Hits $750M and DOGE Drops 5%
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Business
Ebenezer Ifeanyi Harcourt – 4 Things You Need to Know about the youngest AFCON U20 Player

The Africa U-20 Youth Cup of Nations (AFCON U20) is attended by many promising football players from different parts of the continent, but one player attracts special attention — 15-year-old Nigerian goalkeeper Ebenezer Ifeanyi Harcourt. According to Foot Africa, he’s officially the youngest player at the tournament, even younger than fellow Nigerians Bidemi Mole and Tahir Maigana, who are both 16.
Despite his age, Ebenezer has earned the respect of coaches, analysts, and fans with his calm presence and mature performances in goal. His surprise inclusion in Nigeria’s U20 national team came as a shock to many, as it’s rare to see such young players at this level. But the coaching staff saw something special and gave him the chance to prove himself on the big stage.
For fans, scouts, and football insiders, Ebenezer Ifeanyi Harcourt is a name to watch closely. His journey is only beginning, but his composure, discipline, and sharp reflexes already set him apart. Here are four key facts you should know about this rising star of Nigerian football.
He Plays for the Sporting Lagos Academy
Ebenezer began his football career at Sporting Lagos Academy at the age of 10. From his early days, he impressed coaches with his quick reflexes, technical ability, and team-first mindset. He quickly rose through the ranks, moving from a junior-level player to the main goalkeeper of his age group, eventually attracting the attention of national team scouts.
He’s Already Performing on the International Stage
At the AFCON U20 tournament, Harcourt has already featured in two key matches, helping Nigeria secure draws against strong teams like Tunisia and Morocco. While wins were elusive, his confident play, ball-handling skills, and crucial saves earned him praise from both fans and analysts. His performances have proven that he’s capable of holding his own against top-level opposition.
Nigerian Clubs Are Watching Him Closely
With such talent on display, it’s no surprise that several Nigerian Premier League clubs have expressed interest in signing Ebenezer. According to his agent, multiple offers have already come in, though the focus remains on developing his career in a stable, supportive environment. It’s clear that professional teams are eager to invest in this rare talent.

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His Market Value Is Expected to Rise Rapidly
At present, Transfermarkt has not yet assigned Ebenezer an official market value. However, experts believe that following this tournament and with the right exposure, his value could rise quickly. If his progress continues and he catches the attention of European scouts, it’s highly possible that we’ll see him join a top European club within the next few years.
The Future of Nigerian Goalkeeping?
The appearance of Ebenezer Ifeanyi Harcourt at AFCON U20 has been a breakthrough moment. At just 15, he already displays the skills and mindset required at a high level — discipline, confidence, technique, and sharp reaction time. There are very few goalkeepers of his caliber at such a young age, and if he continues on this path, he may soon be among Africa’s elite shot-stoppers.
His journey has only just begun, but the future looks very bright. Ebenezer Harcourt may well become the next big name in Nigerian football.
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