
Federal Court Grants Bail to CBEX Promoters Amid Ongoing Investment Fraud Trial
Abuja, Nigeria— The Federal High Court in Abuja has granted bail to two detained promoters of the collapsed Crypto Bridge Exchange (CBEX), a digital investment platform under investigation for alleged large-scale financial fraud. The decision, delivered on Monday by Justice Mohammed Umar, granted ₦10 million bail each to Avwerosuo Otorudo and Chukwuebuka Ehirim, with two…