@persecondnews.ng: Frustrated participants have stormed and ransacked the office of PXES, an online investment platform, in Kabba, Kogi State, after the platform reportedly stopped processing withdrawals, leaving investors unable to access their funds. PXES reportedly entered Nigeria in 2025, attracting participants with promises of commissions for completing simple online tasks, including reviewing products. Following the reported collapse, angry investors descended on the company’s Kabba office, where they were seen removing furniture, equipment and other property, while some participants expressed distress over their losses. The Chairman of Kabba/Bunu Local Government Area, Hon. Barr. Zacchaeus Dare Michael, has condemned the situation in a post on Facebook, vowing to take action against those behind the scheme while also warning residents against participating in illegal investment platforms. Video Credit: Arise News #nigerianews #kogistate #nigeriannews

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Tuesday 08 September 2026 14:10:31 GMT