CBEX Scandal: EFCC Declares Elie Bitar Wanted, Reveals Last Known Address

 The Economic and Financial Crimes Commission (EFCC) has officially declared Elie Bitar, a key figure linked to the embattled cryptocurrency exchange platform "CBEX", wanted for alleged financial crimes involving billions of naira. In a move that signals the agency’s deepening crackdown on digital asset fraud, the EFCC also revealed Bitar’s last known address: No. 15, Kaniz Avenue, Wuse Zone 6, Abuja.

According to an official bulletin released by the EFCC, Elie Bitar is wanted for offences bordering on obtaining money under false pretence, fraud, and money laundering. The Lebanese national, who was believed to be one of the major operators or promoters of CBEX, has reportedly gone underground since the platform abruptly shut down operations earlier this year—locking out thousands of Nigerian investors.

The EFCC is urging anyone with information about Bitar’s whereabouts to report immediately to the nearest police station or EFCC office nationwide.

CBEX, a now-defunct crypto exchange that gained popularity for its promises of high returns and "decentralized wealth freedom," came under scrutiny earlier this year after hundreds of users began reporting difficulties in accessing their funds.

What started as a promising fintech platform soon unraveled as a Ponzi-like scheme, with allegations surfacing of unsustainable return models, fake token listings, and manipulated transaction data. Many victims claimed they were lured by aggressive marketing and referral incentives.

Sources within the EFCC revealed that Bitar and a network of accomplices may have laundered millions through offshore wallets, while using fake documentation to evade regulatory detection.

Since the collapse of CBEX, the outrage has been loud and far-reaching. Many affected users—ranging from students and traders to pensioners—have called for swift justice and restitution.

"I put in N1.2 million thinking I was investing in the future," said a Lagos-based victim who asked to remain anonymous. "Now, I can't even get a response from their support team, and the app is gone. It feels like we were robbed in broad daylight."

Legal analysts say that the declaration of Elie Bitar as wanted is just the beginning of what could become one of the biggest financial crime investigations involving cryptocurrency in Nigeria.

This development underscores the EFCC's increasing focus on cyber-enabled financial fraud, particularly in the crypto sector, which remains largely unregulated. In the past year alone, the commission has investigated several platforms accused of exploiting regulatory loopholes to defraud unsuspecting Nigerians.

Speaking on the CBEX case, an EFCC spokesperson stated, “This is a warning to both local and foreign operators who think they can exploit Nigerian citizens through digital schemes. We are watching—and we will act.”

With Elie Bitar now a fugitive, extradition processes may come into play if he is found outside Nigeria. The EFCC says it is also working with international financial crime units to trace the flow of funds and potentially recover stolen assets.

In the meantime, victims of the CBEX collapse are being encouraged to submit formal complaints and documentation to assist in the ongoing investigation.

If you have any information on Elie Bitar’s whereabouts, contact the EFCC via info@efcc.gov.ng or visit the nearest EFCC office.

Tinubu Calls for National Healing Through Love and Trust

In a message marked by hope and resolve, President Bola Ahmed Tinubu has called on Nigerians to embrace unity through love and trust, stressing that the nation's strength lies not just in its resources, but in its shared humanity. His appeal, delivered during a national address on the heels of May Day celebrations, sought to rekindle a spirit of togetherness in the face of economic hardship, insecurity, and deepening social divides.

Nigeria, Africa’s most populous nation, has seen its fair share of challenges—ranging from inflation and youth unemployment to ethno-religious tensions. Yet President Tinubu, in his message, emphasized that healing the fractures of the nation begins with values often overlooked in political discourse: love and trust.

“Unity is not just a slogan—it is a duty. And that duty begins with love for one another, and trust in the greater purpose that binds us as a people,” Tinubu said, calling for an end to “suspicion and division that have weakened our collective strength.”

The President urged citizens to show love not just in words, but in tangible acts—helping neighbors, respecting differences, and being patient with one another in times of frustration.

“At a time when many are struggling to survive, our love must be more than symbolic. It must be practical—expressed in kindness, tolerance, and the courage to listen,” he stated.

This appeal comes at a time when public confidence in leadership is fragile. Many citizens continue to grapple with fuel subsidy removal, naira devaluation, and the rising cost of living. For Tinubu, love and trust must also extend into how government relates with its people—with empathy, sincerity, and accountability.

President Tinubu underscored that without trust—between citizens and government, ethnic groups, and across religious divides—national development would be elusive.

“No nation can progress where citizens doubt the intentions of their leaders, or where communities see one another as rivals instead of allies,” he noted.

To that end, the President reiterated his administration’s commitment to inclusive governance, security reforms, and youth empowerment. He urged Nigerians to judge the government not only by promises, but by the consistency of its actions in the months ahead.

The President’s message has drawn mixed reactions from Nigerians. Some praised his tone, calling it a refreshing shift from combative politics to statesmanship.

“Leadership with empathy is what we’ve been yearning for,” said a teacher in Jos. “If love and trust become national values, maybe we’ll begin to see each other differently.”

Others, however, remain skeptical, demanding that the government match its words with policies that ease economic hardship and promote justice.

“Trust is earned, not declared,” said a youth activist in Lagos. “Until Nigerians see changes in their pockets and streets, love alone won’t fix what’s broken.”

While the speech was largely philosophical, it also served as a rallying call: for Nigerians to turn away from bitterness, tribalism, and cynicism—and toward a common future built on mutual respect and shared dreams.

As Nigeria navigates uncertain terrain, President Tinubu’s appeal may not be a solution in itself, but it is a step toward a conversation the nation desperately needs. Because in the words of the President, “It is only through unity—fueled by love and trust—that we can rise, together, beyond our current struggles.”

N6 SMS Alert Charge Kicks Off Today: What It Means for Bank Customers

Starting today, May 1st, Nigerian bank customers will begin paying N6 per SMS transaction alert, a move that has sparked mixed reactions across the financial ecosystem. The charge, which will apply to debit and credit transaction alerts sent via text message, was confirmed by multiple banks in recent notices to their customers—signaling a uniform rollout in compliance with regulatory guidance.

While banks describe it as a necessary adjustment to reflect the actual cost of service, many customers see it as another financial burden in a season of rising living costs.

The new SMS alert fee is not entirely new, but enforcement has become more standardized. In previous years, some banks absorbed the costs or implemented partial charges. Now, under new banking cost recovery policies, all banks are expected to deduct N6 (excluding VAT) for each SMS sent to notify customers of transactions.

Many customers received alerts over the weekend and early today, notifying them of the new deduction structure.

“This is not the kind of May Day gift we were expecting,” quipped a Lagos-based entrepreneur. “Even the smallest transactions now come at a price.”

According to financial analysts, the fee reflects a broader shift by banks to optimize revenue from ancillary services amid tightening margins and the push for cashless banking.

SMS alerts are often powered through third-party telecom services, which charge banks for every text sent. With the surge in transaction volumes driven by digital banking and mobile apps, the costs have risen significantly.

“In reality, banks have been subsidizing this service for years,” said a banking sector consultant. “The N6 fee is meant to align with operational costs and encourage users to migrate to less expensive notification channels, such as email or push notifications via mobile apps.”

For those who wish to avoid or reduce the new charge, banks are offering alternatives:

Email Alerts: Most banks offer email notifications free of charge. Customers can ensure their email address is updated and verified to receive real-time alerts.

  Mobile App Notifications: Push notifications via official banking apps are instant and cost-free, provided users have internet access.

USSD/Balance Checks: Customers may opt to check balances via USSD codes or app logins instead of relying on SMS notifications for every minor transaction.

However, critics argue that not all Nigerians have reliable internet access, especially in rural areas, making SMS alerts the only viable option for some.

The move has drawn attention from consumer rights organizations, who are calling for greater transparency and consideration for low-income earners.

“This is not about N6 alone,” said a spokesperson for the National Association of Bank Customers. “It’s about the cumulative cost of banking in Nigeria—from ATM withdrawal fees to maintenance charges, and now this. It adds up.”

They also call for banks to offer customers the option to opt-in or customize the type of transactions that trigger SMS alerts.

As inflation climbs and the cost of living continues to bite, Nigerians are increasingly sensitive to any new charges—no matter how small. For many, the N6 SMS charge is more than just a fee; it's a symbol of how everyday banking is becoming more expensive.

Still, some see it as a nudge toward a more digital, cost-efficient banking system.

May Day: NLC Raises Its Voice Amid Soaring Economic Strain, Unveils Workers' Demands

As workers across Nigeria joined the rest of the world to mark International Workers' Day on May 1, the Nigeria Labour Congress (NLC) delivered a solemn yet defiant message to government authorities: "We are tired of empty promises—it's time for action." Against a backdrop of deepening economic hardship, the NLC used this year's May Day celebration not only to honour the resilience of Nigerian workers but to make bold demands aimed at restoring dignity to labour.

Held under the theme "People First: Addressing Insecurity, Economic Hardship, and Social Injustice", the NLC’s May Day gathering in Abuja was a mix of patriotic solidarity and pointed frustration. In a strongly worded address, NLC President Joe Ajaero lamented the harsh economic realities facing workers—from skyrocketing inflation to stagnant wages, job losses, and a deteriorating standard of living.

"The Nigerian worker has become a victim of poor economic policies and political negligence," Ajaero declared. “We are not just celebrating labour today; we are also mourning the decline of social welfare and justice.”

The NLC’s list of demands was both comprehensive and urgent:

1. A New National Minimum Wage: The Congress called for an immediate upward review of the national minimum wage to reflect current inflationary trends. The last wage review was in 2019, and since then, the cost of living has more than doubled.

2. Reduction in Fuel Prices and Energy Tariffs: Workers decried the ripple effect of fuel subsidy removal and incessant hikes in electricity tariffs, which they say have eroded disposable income and pushed more families into poverty.

3. Job Security and Youth Employment: With youth unemployment hovering above 40%, the NLC is demanding strategic investment in job creation, particularly in industries like agriculture, manufacturing, and ICT.

4. Social Protection and Pension Reforms: The union stressed the need for comprehensive social protection programmes for retirees, vulnerable groups, and informal sector workers, who often face abandonment after decades of service.

5. Tackling Insecurity: Arguing that insecurity is not only a humanitarian crisis but an economic one, the NLC urged the government to intensify efforts in safeguarding lives and property—especially in conflict-prone rural areas where many workers and farmers operate.

The May Day speeches resonated not just with unionists, but with ordinary Nigerians grappling with soaring food prices, naira depreciation, and a shrinking middle class. As of April, inflation was recorded at over 33%, with food inflation approaching 40%—one of the highest in Sub-Saharan Africa.

Ajaero warned that if the government fails to act decisively, the nation risks a full-blown socioeconomic crisis. “We cannot continue to demand patriotism from a workforce that is starving. Hope without action is not a strategy.”

In response, representatives of the Federal Government acknowledged the legitimate grievances of the workers and promised to "prioritize labour-friendly policies." However, the NLC remains skeptical, citing a pattern of delayed implementation and half-hearted reforms.

“What Nigerian workers need is not another committee or empty dialogue, but tangible results,” Ajaero insisted.

Despite the challenges, May Day was marked with colourful rallies, cultural displays, and speeches across states, showcasing the unbroken spirit of Nigerian workers. From Lagos to Kano, Enugu to Port Harcourt, workers donned union colours, marching not just for themselves but for the generations to come.

In a nation struggling to balance economic reform with social equity, the NLC’s May Day message is clear: If Nigeria is to rise, its workers must not be left behind.

JUST IN: Portable Sentenced to Three Months in Prison for Assault and Resisting Arrest

Controversial Nigerian street-hop artist, Habeeb Olalomi Okikiola, popularly known as Portable, has been sentenced to three months in prison by a Chief Magistrate Court in Ifo, Ogun State. The sentencing comes after the court found him guilty of assaulting a police officer and resisting arrest during an incident that occurred on November 18, 2022, in Okeosa, Ilogbo.  

Chief Magistrate Babajide Ilo delivered the verdict, stating that Portable was guilty on two counts: assault and resisting arrest. For the first count, he was sentenced to one month in prison with an option of a ₦10,000 fine, and for the second count, two months in prison with an option of a ₦20,000 fine. This brings the total sentence to three months, with a cumulative fine option of ₦30,000.  

The case dates back to an incident where Portable was captured on video assaulting a police officer and obstructing the execution of an arrest warrant. The police prosecutor, Inspector Olumide Awoleke, informed the court that the singer's actions were in violation of Sections 351 and 517 of the Criminal Code Laws of Ogun State.  ))

In addition to the assault charges, Portable faced allegations related to the theft of musical equipment, including a Yamaha H55 studio monitor and an AKG P420 condenser microphone. However, the court's ruling focused on the assault and obstruction charges. 

Portable's legal troubles have sparked discussions about the responsibilities of public figures and the consequences of unlawful behavior. As of now, it remains unclear whether the singer has opted to pay the fines or serve the prison term.

Fans and observers await further updates on Portable's response to the court's decision and any potential appeals or statements from his legal team. 

Mercy Johnson Sparks Buzz With Striking Weight Loss Reveal: “New Body, Same Queen”

Nollywood powerhouse Mercy Johnson-Okojie has once again left fans speechless—this time not for a blockbuster role or emotional performance, but for her jaw-dropping transformation. In a recent video shared to her Instagram page, the actress unveiled a noticeably slimmer figure, setting social media abuzz with admiration, curiosity, and a flurry of comments.

Clad in a fitted outfit that showed off her new silhouette, the mother of four radiated confidence and grace, effortlessly owning the moment as she danced and smiled for the camera. But it wasn’t just her look that stole the show—it was the glow, the energy, and the undeniable aura of self-renewal that captivated her followers.

“Who’s that?! Mercy, is this you?” one fan wrote, while another joked, “Even fat had to respect you and leave.”

The dramatic weight loss has sparked widespread speculation and praise. While the actress didn’t initially explain the secret behind her transformation, many fans believe it’s the result of intentional fitness, lifestyle changes, and sheer discipline. Known for her dedication to her family and career, Mercy has often spoken about the challenges of maintaining balance, especially after motherhood.

“It’s not just about looking good. It’s about feeling strong and being healthy,” Mercy said in a past interview, hinting at her commitment to wellness beyond aesthetics.

The video quickly racked up thousands of views and comments, with fellow celebrities, friends, and fitness enthusiasts applauding her renewed appearance. Some called it inspirational, particularly for women juggling the pressures of work, motherhood, and self-care.

Beyond the physical transformation, many observed a renewed spark in Mercy’s demeanor—playful, empowered, and unapologetically bold. The video wasn’t just a reveal; it was a statement of confidence and resilience from a woman who continues to redefine what it means to evolve gracefully.

Mercy Johnson, known for her authenticity both on and off screen, has always been a fan favorite—not just for her acting talent but for her relatability. Whether she’s cooking up a storm in her kitchen series or sharing heartfelt moments with her kids, she’s never shied away from showing the layers of her life.

Now, with this stunning new chapter in her wellness journey, fans are not just watching—they’re cheering.

As social media continues to buzz, one thing is certain: Mercy Johnson isn’t just shedding weight—she’s shedding limits. And from the looks of it, she’s just getting started.

Watch Video below:

Toyin Lawani Claps Back at Aesthetic Doctor Over Angela Okorie’s BBL: “Keep Your Opinions in the Surgery Room”

Celebrity stylist and fashion entrepreneur Toyin Lawani has come out swinging in defense of Nollywood actress Angela Okorie, following harsh criticisms from a Lagos-based aesthetic doctor regarding the actress’s body enhancement surgery.

The controversy began when the doctor, whose name was not disclosed but who operates under a growing social media presence, openly critiqued Angela Okorie’s Brazilian Butt Lift (BBL), implying the results were “unnatural” and “lacked professional finesse.” The unsolicited opinion quickly went viral, sparking conversations about body shaming, medical ethics, and public commentary in the era of digital judgment.

Never one to stay silent on issues of body autonomy or social injustice, Toyin Lawani—popularly known as Tiannah—took to her Instagram stories to issue a fiery response. According to her, medical professionals should uphold discretion and respect rather than fueling the culture of online humiliation.

“It’s high time we hold these so-called experts accountable,” Lawani wrote. “How do you publicly mock someone’s body, especially as a medical professional? Whether you agree with the result or not, respect your oath. Criticism like this is why many women hide their procedures and live in shame. Enough!”

Lawani, a vocal advocate for body confidence and self-expression, emphasized that women should be allowed to make choices about their bodies without being dragged through public opinion courts—especially by those within the medical field, who should know better.

“Angela Okorie is a bold woman who chose what makes her feel good. It’s her body, her choice, and her journey,” she added. “If you’re a real doctor, focus on fixing bodies, not tearing them down with shady online posts.”

Angela Okorie, for her part, seemed unfazed by the criticism. The actress responded indirectly with a cryptic post: “Built for me, loved by me. I’m not your standard, I’m my own kind of beautiful.”

The incident has reignited the ongoing discourse about cosmetic procedures in Nigerian pop culture—especially the stigma that often shadows women who openly admit to undergoing body enhancements. While some argue for medical transparency and aesthetic standards, others, like Lawani, continue to champion body freedom and the right to feel good without explanation or shame.

Fans have since rallied behind both Lawani and Okorie, with many applauding the stylist’s bold stance against what they see as “unethical and unprofessional” public behavior by some cosmetic practitioners.

This isn’t the first time Toyin Lawani has spoken up for women in the spotlight. Over the years, she’s become a fearless voice in fashion, feminism, and female empowerment—constantly challenging norms and defending the right of women to own their stories, bodies, and choices.

As the dust settles, one thing is clear: Lawani has once again drawn a bold line between criticism and cruelty—and reminded everyone that even in the world of aesthetics, dignity must come first.

We Must Know Our Population” — Tinubu’s Call for Data-Driven Governance

 In a world increasingly defined by data, numbers are no longer just figures on paper — they shape policy, fuel development, and decide the fate of nations. President Bola Ahmed Tinubu has made a compelling case for one of Nigeria’s most critical but long-overdue tasks: accurately knowing the nation’s population.

At a recent national forum on planning and economic development, Tinubu didn’t mince words. “We must know our population,” he declared. It wasn’t just a call for a headcount — it was a challenge to rethink how Nigeria governs itself in the 21st century.

The Power of Numbers

With a country as vast and diverse as Nigeria, data isn’t just important — it’s essential. Yet for decades, the nation has struggled to pin down reliable population figures. Estimates have ranged from 180 to over 220 million, creating uncertainty in planning, budgeting, and implementation of public services.

How do you provide healthcare if you don’t know how many children are born each year? How do you build infrastructure without knowing where the population is booming? Tinubu’s message was clear: if Nigeria wants to develop sustainably, it must first count itself.

More Than Just a Census

Tinubu’s push isn’t about repeating the motions of past censuses. It’s about building a foundation for smart governance. From security to education, transportation to urban planning, accurate demographic data is the bedrock of every modern state.

“We can’t fly blind anymore,” he said. “A nation that does not know how many it feeds cannot claim to be fighting poverty.”

His remarks reflect a growing recognition that governance without data is like navigating without a map — and in a rapidly changing world, that’s no longer acceptable.

Rebuilding Trust in National Data

One of the major obstacles facing national censuses in Nigeria has been public skepticism. Past efforts were plagued by political interference, underfunding, and regional biases. Tinubu acknowledged these concerns and stressed the need for transparency and inclusivity in future population exercises.

He proposed leveraging technology to improve accuracy, prevent manipulation, and ensure nationwide participation. “Digital tools can help us count not just heads, but lives — and their needs,” he emphasized.

A Wake-Up Call for Policymakers

Tinubu’s remarks also serve as a wake-up call to ministries, development agencies, and local governments. Planning based on assumptions rather than actual data is a recipe for inefficiency. By knowing who lives where, and in what condition, the government can deliver more targeted and impactful solutions.

From youth employment to maternal health, everything begins with knowing the scope of the challenge.

Beyond Politics, Toward Progress

President Tinubu’s call may seem like a simple statement, but it touches on a deeper issue: the need to professionalize Nigeria’s approach to governance. It’s a reminder that modern leadership is not just about charisma or political maneuvering, but about embracing tools — like accurate data — that deliver real results.

In a nation brimming with potential, knowing the population isn’t just a statistic. It’s a starting point for transformation.

Drama Unfolds on the Red Carpet: Laide Bakare Blasts Eniola Badmus After Heated Premiere Clash

When lights, cameras, and glamor converge, it’s no surprise that a little drama might slip into the mix. But no one saw this red carpet showdown coming.

Over the weekend, the premiere of a highly anticipated Nollywood film turned unexpectedly dramatic after actress Laide Bakare publicly called out fellow star Eniola Badmus. What should have been a night of celebration turned into a social media firestorm, and now, fans and industry insiders are all asking the same question: what really went down?

The Incident: Sparks Fly at the Premiere

According to eye-witnesses, tension had been simmering between the two actresses before the premiere even began. But things came to a head when Laide Bakare arrived at the event, only to be met with what she described as “pure disrespect” from Eniola Badmus. Though the exact cause of the friction remains unclear, insiders claim that a perceived snub and whispers of professional jealousy may have lit the fuse.

Shortly after the event, Laide took to her Instagram story to air her grievances in no uncertain terms. In a bold, unfiltered post, she accused Eniola of attempting to "dim her shine" and questioned her motives for stirring up drama on what should have been a celebratory night.

Laide’s Words: No Holding Back

“I came to support a project, not to be bullied or sidelined,” Laide wrote. “There’s enough room for all of us to shine, but when you let envy take the wheel, things get ugly. I’m not here for fake hugs and backhanded compliments.”

She didn’t mention Eniola’s name directly at first, but fans were quick to read between the lines. And when Laide reposted comments from followers that tagged Eniola and called out her “mean girl” energy, the writing was on the wall.

Eniola’s Response: Silence Speaks Volumes

So far, Eniola Badmus has chosen not to respond publicly to the accusations. Her silence, however, has only fueled speculation. While some applaud her for staying above the drama, others see it as an admission of guilt — or at the very least, a strategic move to avoid further escalation.

Meanwhile, supporters of both stars have taken to social media to pick sides, turning comment sections into virtual battlegrounds. Some fans are demanding reconciliation, while others are eagerly waiting for more tea to spill.

What’s Really at Stake?

Beyond the headlines and hashtags, this public feud shines a light on the increasing pressure within the Nollywood industry, where competition is fierce, egos are high, and every public appearance is scrutinized. For actresses like Laide Bakare and Eniola Badmus—both veterans in their own right—moments like these can either damage reputations or draw more attention to their brands.

One entertainment analyst noted, “The Nigerian film industry is thriving, but it’s also very small. Personal conflicts can easily overshadow professional accomplishments, especially when they play out in public like this.”

Is Reconciliation Possible?

While neither party has hinted at reconciliation, fans are holding out hope that the drama is short-lived. In an industry built on collaboration, keeping feuds off the red carpet might just be the key to long-term success. After all, Nollywood is big enough for more than one queen to rule her lane.

But for now, the spotlight remains fixed on Laide and Eniola—and the millions watching from the sidelines.

Customs to Automate Border Stations Nationwide: A New Era for Trade and Security

In a bold move to enhance trade facilitation, tighten border security, and curb corruption, the Nigeria Customs Service (NCS) has announced plans to automate all border stations across the country. This strategic overhaul is set to revolutionize customs operations, eliminate bureaucratic bottlenecks, and usher in a new era of transparency and efficiency in the nation’s border management.

The initiative aligns with global best practices and reflects Nigeria’s growing commitment to modernizing its trade infrastructure. According to the Comptroller General of Customs, the automation will involve deploying advanced technologies such as electronic scanners, surveillance systems, data integration platforms, and digital customs clearance processes at all major land borders.

“Manual processes have limited our ability to optimize revenue, monitor illegal activities, and facilitate smooth trade. With automation, we are moving into a smarter, faster, and more secure customs environment,” said the Comptroller General during a recent stakeholder forum in Abuja.

The implementation of this plan is expected to significantly reduce human contact during clearance procedures, thereby minimizing the opportunities for extortion and delays. Importers and exporters will benefit from quicker processing times, real-time cargo tracking, and seamless documentation—a move that could increase investor confidence and boost Nigeria’s position in the global logistics chain.

Security is also a major focus. With rising concerns over smuggling, human trafficking, and arms importation, the automated system will allow real-time surveillance and more efficient profiling of cargo and passengers. It will also facilitate better collaboration between Customs and other security agencies at the borders.

While the rollout will occur in phases, border stations in Seme, Idiroko, Jibiya, and other high-traffic zones are being prioritized. Customs also intends to train officers to operate and manage the new systems effectively.

As Nigeria continues to navigate its economic challenges, the automation of border stations stands as a strategic turning point—one that could redefine how the country secures its borders and engages in global trade.