Phyno slams X-user who claimed he sold off his “10 billion Naira estate” in ‘Yoruba land’ Lagos

Nigerian rapper Phyno, whose real name is Chibuzo Nelson Azubuike, has responded angrily to an X user who alleged that he sold his ’10 billion Naira estate’.

The user suggested that Phyno sold the estate because he regretted building it in Yorubaland.

Reacting to the claims, an angry Phyno wrote;

‘’You are a fool for cooking up this type of lie !!! Where are you heading with this ? Anwu nta ‘’

Read their exchange below

In other news…. A Nigerian woman identified as Mrs. Bola, who recently returned from Libya, has been left heartbroken after losing all her savings to the now-defunct CBEX trading platform.

The digital trading scheme, which gained popularity across social media, suddenly collapsed this week, plunging many of its users into financial turmoil.

Speaking through tears, Mrs. Bola revealed that she personally invested around $400 in the platform. In addition to her contribution, friends pooled in more funds, bringing the total amount lost to over $1,000.

She recounted the immense hardship she faced while living in Libya, trying to survive and save money. The loss, she said, has shattered her hopes, especially after struggling to rebuild her life upon returning to Nigeria.

See some comments below:

@just_thrifthair: “Nothing anyone can tell me after the experience with MMM”

@jejrafoods_: “It’s poverty and greed that makes people throw their money into ponzi schemes”

@ayeni_dami2: “I’m just heating about CBEX

How do y’all still fall for investment scheme??

What exactly did they promise you??🤦‍♀️”

@prettyvera_: “It seems I’m the only one who doesn’t know about this ponzi scheme”

@nazonnadi_: “Even if another ponzi scheme is created this afternoon, most of them crying over there will still give it a try. The “get rich quick or double your money syndrome” in Nigeria should really be a concern.”