Nigerian businessman Obinna Iyiegbu, widely known as Obi Cubana, has broken his silence following recent events that fueled speculation about his financial status.

According to reports from Legit.ng, on Tuesday, December 9, a court handed over Plot 81, Ademola Adetokunbo Crescent, Wuse 11, Abuja the location of Cubana Lounge to its rightful owner, Mr. Collins Onwuzulike. The eviction order was executed despite earlier resistance, with court officials and police present to enforce the ruling.

A video that quickly circulated online captured the moment sheriffs and law enforcement officers arrived at the lounge to reclaim the property, prompting widespread discussion and rumors suggesting that Obi Cubana had experienced financial difficulties.

Responding to the speculation, the businessman took to his official Instagram account on Thursday, December 11, to address the situation. Sharing a video of himself in good spirits, Cubana assured his followers that he would clarify matters.

“At this point, I need to address ALL issues here on IG & Facebook Live at 8 PM Nigerian time! Join me,” he wrote alongside the video.

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