A presenter at Orisun FM (OSBC’s station in Ile-Ife) aired a five-minute segment promoting CBEX Trading Exchange Global — a now-defunct fraudulent investment scheme.

The broadcast was unauthorised, and the presenter acted independently, without approval from OSBC’s editorial board.

Disciplinary action has been taken against the presenter.

An internal investigation was launched and confirmed the act was not sanctioned by OSBC.

The corporation emphasized its commitment to ethical journalism, credibility, and public trust.

OSBC explicitly stated it had no ties—commercial or otherwise—with CBEX.

OSBC used this incident to warn the public about fraudulent investment schemes, especially during tough economic times.

They reminded audiences that fraud tactics keep evolving, and both media houses and the public must remain vigilant.

The EFCC is now investigating the CBEX scheme.

They noted that public warnings had already been issued before CBEX collapsed, though many people still fell victim.

This isn’t just about one rogue presenter—it’s a cautionary tale about how misinformation, even for a few minutes, can have real-world consequences. Trust in the media depends on vigilance, both internally and from the audience.

This outbreak is pretty serious—Colombia declaring both a health and economic emergency signals how dire the situation is becoming. Yellow fever has always been a lurking danger in some parts of South America, but this spike, especially with a 50% mortality rate among confirmed cases, is alarming

74 confirmed cases, with 34 deaths since the beginning of 2025.

Tolima, part of Colombia’s coffee region, is the hardest-hit.

The virus is spreading to previously low-risk or unaffected regions, likely driven by climate change, which is expanding mosquito habitats.

The Colombian government is requiring proof of vaccination for travelers entering or leaving the country.

U.S. CDC has upgraded its travel alert to Level 2 for parts of South America, urging travelers to get vaccinated.

What You Should Know or Do (Especially If Traveling):

• Vaccination is key: One yellow fever shot typically offers lifetime protection, but booster shots may be considered.
• Avoid high-risk areas if you’re unvaccinated, particularly rural or forested zones in Colombia like Tolima.
• Mosquito precautions are crucial—repellent, long sleeves, sleeping under nets, and avoiding peak mosquito hours (dusk/dawn).
• Watch for symptoms if you’re in or have been to affected regions: sudden fever, chills, back pain, nausea, and jaundice (in severe cases).

Would you like help finding travel updates, vaccination sites, or what the yellow fever situation looks like in neighboring countries?

The motion raised by Hon. Sa’ad Olumoh in the Lagos State House of Assembly speaks to a growing crisis in Lagos: the sharp and often arbitrary rent hikes that are making life increasingly difficult for residents. His concern about the rising number of homeless people highlights how deeply housing insecurity is affecting the state, particularly in urban and densely populated areas.

By citing Section 37 of the Lagos Tenancy Law (2015), Olumoh is emphasizing that there are already legal frameworks meant to curb such excesses. That law notably:

• Limits unreasonable rent increases
• Defines tenant and landlord rights
• Prohibits advance rent beyond one year
• Disallows forceful evictions without proper legal procedure

Desmond Elliot’s contribution paints a broader picture: infrastructure and urban renewal — while necessary — have inadvertently pushed rents up, especially in gentrifying areas. And Aro Moshood’s point about landlords ignoring tenant income levels underlines a harsh reality: the housing market is increasingly disconnected from people’s earning power.

Speaker Obasa’s remarks show some awareness of the complexity — it’s not just about rent, but also the soaring costs of building materials, land, and the dynamics between real estate developers and agents. His directive for a committee to engage stakeholders suggests that the Assembly may pursue a more holistic solution.

This motion could open the door to:

• Better enforcement of the existing tenancy law
• Possible rent control policies or guidelines
• More affordable housing initiatives or public-private partnerships in real estate
• Regulation of real estate agents and developers

Do you live in Lagos or have any personal experience with rent issues there? It’s definitely something affecting a huge portion of the population.

The situation involving Ihuoma Julia Nneji, the daughter of the founder of ABC Transport, Frank Nneji, has raised significant attention. The Nigeria Police Force has declared her wanted for alleged involvement in cybercrimes, including criminal defamation, injurious falsehood, and cyberstalking. The accusations stem from her alleged involvement in cyberbullying and blackmailing an Abuja-based businessman between August and September 2024.

The police have posted a “wanted” notice on their official social media platforms, and a court order for her arrest has been obtained from the Federal High Court. However, the exact details and scale of the alleged cyberbullying and blackmail remain unclear. Despite attempts to reach the Nigeria Police Force’s Public Relations Officer, ACP Olumuyiwa Adejobi, for further comment, no response has been received.

This case has brought to light the ongoing issues of cybercrime and online harassment, particularly with high-profile individuals potentially involved. It also seems to be a developing story, so further details might emerge in the coming days.

This UK Supreme Court ruling is a major moment in the ongoing — and increasingly heated — debate over gender identity and legal protections in the UK. It draws a firm legal distinction between biological sex and gender identity, with significant implications for how laws are interpreted and applied going forward.

Here’s a breakdown of what the ruling means and why it matters:

The Supreme Court ruled unanimously that the term “woman” under the Equality Act 2010 refers to biological sex, not legal or self-identified gender.

This means trans women, even with a Gender Recognition Certificate (GRC), are not considered “women” under this specific interpretation of the law when it comes to sex-based protections.

The case was brought by For Women Scotland (FWS), challenging the Scottish Government’s approach to gender representation laws on public boards.

FWS argued that including trans women in quotas designed to increase female representation undermines the original intent of the law — which was to uplift people disadvantaged due to biological sex.

• Lord Hodge:
  

  “The provisions relating to sex discrimination can only be interpreted as referring to biological sex.” He added that giving trans women with GRCs equal standing as biological women would actually grant them “greater rights” — citing legal provisions like maternity leave, which don’t apply biologically.

The court clarified that trans people are still protected under the “gender reassignment” clause of the Equality Act — but not as “biological women” in cases where sex is the legal basis of protection.

So while a trans woman can still claim discrimination, it must be under gender reassignment, not sex discrimination.

The decision has broad implications for:

• Single-sex spaces (e.g., changing rooms, shelters, prisons)

  Public and private sector hiring quotas

  Future policy reforms related to gender identity It also sets a UK-wide legal precedent, not just a Scottish one, because it comes from Britain’s highest court.

• Supporters of the ruling (like FWS) argue it’s a win for women’s rights, ensuring that female-only spaces remain protected by sex-based definitions.
• Critics see it as a step backward for trans inclusion, fearing that it could limit trans women’s access to spaces and opportunities previously open to them under broader interpretations of the law.

• The UK has become a flashpoint for global discussions on trans rights vs. sex-based rights, with sharp divides in political, feminist, and LGBTQ+ circles.
• This ruling adds legal weight to the argument that biological sex and gender identity should be treated separately in law — something that’s also playing out in policy debates across the US, Europe, and Australia.

The CryptoBank Exchange (CBEX) collapse is quickly shaping up to be one of Nigeria’s largest digital fraud cases, and its fallout is as vast as it is devastating — both financially and emotionally for thousands of investors.

CBEX, a digital investment platform promising 100% returns in 30 days, crashed on April 9, 2025.

The Economic and Financial Crimes Commission (EFCC) confirmed it’s investigating an alleged ₦1.3 trillion ($847 million) scam.

Operated by a mix of foreign nationals and Nigerian collaborators, the scheme lured investors using AI crypto trading promises.

Withdrawals were restricted right before the crash, and users found their accounts wiped out.

Shockingly, CBEX asked users to deposit more money ($100–$200) to “verify” accounts before they could withdraw — a classic exit-scam tactic.

The EFCC began investigating before the crash and is now working with INTERPOL to trace the international suspects.

Local partners are being targeted for arrest.

The EFCC also warned about 58 similar Ponzi schemes in a March 2025 alert, showing this is part of a larger trend.

• Massive protests and chaos followed the crash:

  Ibadan: Investors stormed the CBEX office and looted property.

  Abuja: Office in Jahi was shut down, staff went into hiding.

• Investors have lost life savings, school fees, wedding funds, and more:

  One woman: “I lost my bridal savings. I feel numb.”

  A student: “My brother invested his tuition. He can’t face our parents.”

 Why People Fell for It

• Promises of fast and huge returns played on people’s desperation in a tough economy.
• Peer pressure and social proof made the scheme look legitimate (“my friend made big returns”).
• No due diligence — many investors skipped even basic online checks.
• Influencers and marketers helped push it under the illusion of credibility.

Expert Reactions

• Kelechi Godfrey (banker): “You don’t invest ₦100 to get ₦200 in an hour and expect it to be real.”
• Segun Aremu (investment banker): “People want big returns but not big risks. That’s greed.”
• Minister’s spokesman (Lere Olayinka): “No sympathy for greed and foolishness.”

 What’s Next?

• EFCC says:
  • Recoveries will be pursued if possible.
  • Prosecutions will follow for all perpetrators.
• New law (ISA 2025) makes it a criminal offence to operate unregistered digital investment or forex platforms.
• SEC urges registration, verification, and caution from potential investors.

What You Should Know

• High returns = high risk. Anything that promises 100% in 30 days is likely fraud.
• If it needs you to “bring people” to make profit, it’s a Ponzi.
• Do your due diligence — check registration with CBN, SEC, and cross-reference with EFCC warnings.

Would you like:

• A visual explainer of how Ponzi schemes work?
• A step-by-step guide on how to verify a legit investment platform in Nigeria?
• Or perhaps advice on how victims can file claims or reports with EFCC or SEC?

Let me know how you’d like to proceed — this kind of info could save people from the next big scam.

Here’s a quick breakdown of the key points:

Josh Sullivan, a 45-year-old American pastor and missionary, was kidnapped during a church service last Thursday in Gqeberha, Eastern Cape, South Africa.

He was taken in front of his wife, children, and congregation—a detail that makes the situation even more terrifying.

The kidnappers made a ransom demand, which triggered the involvement of South Africa’s elite police unit, the Hawks.

On Tuesday evening, the Hawks received verified intelligence on his location.

When officers approached the house, the suspects tried to escape in a vehicle and opened fire on police.

A “high-intensity shootout” followed. Three suspects were fatally wounded.

Sullivan was found unharmed and safely recovered.

South Africa has seen a 264% increase in kidnappings over the past decade, according to police stats.

It’s believed the kidnappers were familiar with the Sullivan family’s routines, suggesting a targeted operation, not random.

He describes himself as a “church planting missionary”.

He moved to South Africa in 2018 with his family to start a church for Xhosa-speaking people.

His mission and work had made him known in the community, which might have unfortunately contributed to him being targeted.

This case has a lot of layers—faith, vulnerability, international relations, and the rising threat of violent crime in parts of South Africa. It also shows the level of coordination and intelligence work by the Hawks, who’ve been involved in high-stakes operations like this before.

Want a deeper look at kidnapping trends in South Africa, or maybe more info on the Hawks and how they operate?

Peter Obi’s recent statement underscores a growing sense of urgency and frustration regarding Nigeria’s worsening security situation, especially in light of President Bola Tinubu’s ongoing stay in France. Obi, the Labour Party’s former presidential candidate, called on Tinubu to suspend what he described as a “retreat” abroad and return immediately to address the escalating violence and insecurity at home.

Here are a few key points from Obi’s remarks:

Over 150 Nigerians have reportedly been killed during the two weeks Tinubu has been outside the country.

Plateau, Zamfara, and Borno States have been particularly affected by attacks from gunmen and insurgents.

There are also concerns about pipeline explosions in the Niger Delta and renewed kidnappings and killings in the South East.

Obi used a striking analogy, referring to Nigeria as a “troubling company” and criticizing Tinubu as the “CEO” who is managing the crisis from abroad.

He emphasized that the primary duty of any government is to secure lives and property, questioning the rationale for conducting a retreat in a country (France) that has already addressed its internal security.

Obi reiterated his message that the push for a better Nigeria transcends personal ambition — it’s about visible and felt governance for all citizens.

He ended with a renewed call for the vision of a “New Nigeria,” one that is responsive and responsible in the face of crisis.

This intervention by Obi adds to growing pressure on Tinubu’s administration, particularly as insecurity continues to be one of Nigeria’s most critical challenges.

Would you like a breakdown of the latest security incidents he’s referring to, or more context on the situation in Plateau, Borno, or Zamfara States?

That’s a massive shift in Nigeria’s energy dynamics — a 67% drop in petrol imports is no small feat, and it signals a significant move towards energy self-reliance, even if it’s still a work in progress.

Here’s the breakdown of what’s really going on:

🔻 Imports Drop: From 44.6M to 14.7M Litres/Day

Between August 2024 and mid-April 2025, imports of Premium Motor Spirit (PMS) dropped by nearly 30 million litres per day. That’s largely because local production has finally started to kick in.

🔺 Local Refining Surges 670%

In August 2024, local refineries — including Port Harcourt and various modular plants — were barely contributing. But now they’re supplying 26.2 million litres/day, with:

• Port Harcourt Refinery’s phased restart (since November)
• Gradual increases from modular refineries, which are smaller but flexible

⚖️ Current Balance Still Below Target

Despite the improvements:

• Only two months (Nov & Feb) saw total supply exceed the 50M litres/day benchmark
• April so far is lagging at 40.9M litres/day

That shortfall could lead to supply gaps if demand spikes or refineries face technical issues.

🧠 Why It Matters

1. Fuel Import Reduction = FX Savings
   Nigeria has been bleeding foreign exchange to pay for fuel imports. Cutting back by 67% can ease pressure on forex reserves and the naira.
2. Boosts Local Industry Confidence
   The progress gives hope that the Dangote Refinery, once fully operational, could push local capacity beyond 100% of national demand, opening room for exports.
3. Still Not There Yet
   Even with this progress, Nigeria is not consistently meeting demand. The refineries need stability, investment, and transparency to keep up the momentum.

🚨 Side Note:

The NMDPRA CEO, Farouk Ahmed, was quick to stress that import licenses are only issued based on real supply needs — possibly a response to concerns about excess imports or shady dealings in the sector.

Do you think this push for local refining will finally break Nigeria’s decades-long dependency on imported fuel? Or do you feel there’s still too much volatility in the system to call it a real win yet?