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Fury, Chaos in Ibadan as CBEX Crash Sparks Violent Outburst

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By Patrick Idowu

Ibadan descended into chaos on Monday as an angry mob stormed and looted the office of China Beijing Equity Exchange (CBEX), in the Oke Ado area, following the sudden collapse of the digital trading platform that left scores of investors reeling with losses.

Eyewitnesses reported that the enraged crowd forcefully entered the premises, carting away electronics, furniture, and other valuables in a dramatic retaliation over what they claimed was a fraudulent scheme.

The collapse of the CBEX platform reportedly wiped out user balances, leaving many investors devastated and without answers.

A video circulating online captures the moment of unrest, showing dozens of people overrunning the facility and emptying its contents.

Several victims took to social media to express outrage and demand justice, accusing CBEX of orchestrating a digital scam under the guise of a secure trading platform.

Introduced as an online space for digital asset exchange, CBEX had promised transparency and profitability.

Its dramatic failure has now raised serious questions about its legitimacy and business model.

The Securities and Exchange Commission (SEC), has since warned the public against engaging with unregistered digital platforms, describing operations like CBEX’s as illegal.

As of press time, no official statement had been released by security agencies, and it remains unclear whether any arrests have been made in connection with the incident.

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Crime

ICPC Recovers Alleged Wiretapping Devices from El Rufai Home, Secures 14 Day Detention Order

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By Omoniyi David

The Independent Corrupt Practices and Other Related Offences Commission said it recovered suspected wiretapping devices and sensitive security documents from the Abuja residence of former Kaduna State governor Nasir el Rufai.

The commission disclosed that a Magistrate Court in Bwari, Federal Capital Territory, granted a 14 day detention order to allow investigators conclude their probe.

According to the agency, electronic equipment capable of intercepting phone conversations was discovered during a search at el Rufai’s Asokoro home. Officials also said documents described as sensitive to national security were recovered.

The ICPC dismissed claims that the former governor was being unlawfully detained or politically targeted, insisting that due process was followed.

In filings before the Federal Capital Territory High Court, the commission urged the court to dismiss el Rufai’s suit alleging violation of his fundamental rights, maintaining that its actions were lawful and necessary for a thorough investigation.

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Crime

Police Arrest Two in Abuja Over Alleged Homicide of 16 Year Old

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By Onyeanya Ebere Immaculata

Operatives of the Nigeria Police Force, Federal Capital Territory (FCT), Command, have arrested two suspects over the alleged culpable homicide of a 16 year old boy, Chidera Benjamin, in the Byazhin area of Abuja.

The suspects, identified as Cosmos Okafor, 31, and Okechukwu Wisdom, 17, were arrested following the incident which occurred on Thursday, February 12, 2026, according to the FCT Police Public Relations Officer, SP Josephine Adeh.

Adeh said police received a distress call that Benjamin allegedly attacked his mother with a machete during a domestic dispute. Preliminary findings showed the mother had accused him of transferring money from her bank account to his Opay account without her consent.

The boy allegedly became violent during the confrontation and inflicted serious injury on her hand.

The police said two neighbours who witnessed the incident allegedly attacked the teenager in response. He sustained severe injuries and was rushed to Kubwa General Hospital, where he was confirmed dead.

The suspects are in custody and will be charged to court after investigations. The FCT Commissioner of Police, CP Miller Dantawaye, urged residents to avoid jungle justice and resolve disputes through lawful means.

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Crime

Poison Allegation: Expect DSS Invitation, NSA Office Replies El-Rufai

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By Patrick Idowu

The Office of the National Security Adviser (ONSA), has replied former Kaduna State governor, Malam Nasir El-Rufai, over his allegation that the agency imported a toxic chemical from Poland, telling him to expect an invitation from the Department of State Services (DSS), as the matter has been referred for investigation.

El-Rufai had written to the National Security Adviser, Nuhu Ribadu, claiming opposition leaders had information that ONSA procured about 10 kilograms of thallium sulphate, a highly poisonous substance.

He requested clarification on the purpose, supplier, permits, quantity, storage arrangements and regulatory oversight, including involvement of agencies such as NAFDAC and the Nigeria Centre for Disease Control.

In a response released to journalists on Sunday night, ONSA denied the allegation, stating it neither procured nor initiated any process to purchase thallium sulphate and had no intention of doing so.

The letter, signed by Brigadier-General O.M. Adesuyi on behalf of the NSA, said the allegation had been referred to the DSS for a comprehensive investigation, adding that El-Rufai and others with relevant information would be invited to provide evidence.

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