Nigerian women are in tears after reportedly losing millions of naira on the collapsed CBEX trading platform.
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Numerous women have been spotted in distress as they shared their experiences of losing significant amounts of money due to the recent failure of CBEX, a digital trading platform. Reports indicate that the platform became unreachable when users encountered problems trying to withdraw their funds, leading many to find their account balances reduced to zero. CBEX had marketed itself as a high-yield investment opportunity, promising users a full 100% return within a month, with investments made exclusively in U.S. dollars. The collapse has triggered a wave of emotional responses on social media, with many investors voicing their regret and frustration over their financial losses.
In a video circulating online, some women can be seen expressing their heartbreak over the situation.