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OSBC | Osun State Broadcasting Corporation

PRESS RELEASE – RE: ALLEGED PONZI SCHEME BROADCAST BY OSBC

OSBC_Admin by OSBC_Admin
April 16, 2025
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The attention of the Management of Osun State Broadcasting Corporation has been drawn to an online publication alleging misleading broadcasts on the embattled CBEX Trading Exchange Global scheme aired on one of our stations.

The scheme like many others are sadly taking advantage of the prevailing economic challenges of the country and sadly still, many unsuspecting Nigerians are falling victim.

Osun State Broadcasting Corporation is a state owned station not only answerable to the Osun State government, but it’s meticulously regulated and monitored by the relevant agencies in the country.

OSBC as a responsible media organization proactively and as part of its internal quality control mechanisms identified the 5-minute controversial contents smuggled into our programming and the INDEPENDENT PRESENTER responsible for the questionable content on Orisun FM, Ile-Ife has been sanctioned appropriately.

As a leading media voice in Southwest, Nigeria, Osun State Broadcasting Corporation remains committed to effective information dissemination, quality education and creative entertainment of the populace.

Gbenga Faminu (PRO)

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