AfriquantmX logo. Photo source: AfriquantumX official website.
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Claim: A video on Facebook alleges that Peter Obi, a former Nigerian presidential candidate, and the Nigerian government endorsed AfriQuantumX, an investment platform that promises to “double Nigerians’ money.”
Verdict: False. The footage in the viral post was taken from an unrelated event where Peter Obi spoke about debt and borrowing. The audio was manipulated to imitate his voice and insert claims that do not appear in the original recording.
Full Text
On Sept. 17, 2025, a Facebook page named News24 posted a video designed to lend credibility to AfriQuantum X, a purported artificial Forex trading website, by linking it to Peter Obi, a former presidential candidate and a member of the Nigerian government.
The video included a voiceover allegedly by Obi making a string of promotional claims.
It opened with, “Enough is enough. Our people deserve freedom. Now, every Nigerian must know the truth today. Today you can earn up to seven million every single month.”
The voiceover went on to state that over 10,000 Nigerians had resigned from their jobs because of the opportunity, describing AfriQuantum X as a government-backed investment, not another scam. It also claimed that the platform generated N400,000 in its first week through the use of Artificial Intelligence (AI).
By Sept. 19, 2025, the post had attracted 291 likes, 134 comments, and 60 shares. Many of the comments were from users who believed the message and wanted to register.
Clement James wrote, “Good morning and happy Sunday, please. I want to register. Where can I register, sir?” Muhammad Musa commented, “This is a good opportunity to us.”
Screenshot of part of the comment section of the post.
Dozens of other comments followed the same pattern, with people repeatedly asking how and where to register. The tone of the responses showed genuine belief that the scheme was real and credible.
This pattern of exploiting public trust through manipulated videos of influential individuals is not a new phenomenon. AfriQuantum X has been falsely linked to the Ghanaian president and to Ghana Commercial Bank, which issued a disclaimer stressing it has no affiliation with the scheme.
Similar schemes have surfaced in Nigeria before. The most recent was Crypto Bridge Exchange (CBEX), which went viral and lured in thousands of Nigerians before collapsing, leaving many people out of pocket. These repeated incidents underscore the need for this fact check to protect the public from such fraudulent claims.
Verification
What is AfriQuantum?
According to information on its official website, AfriQuantumX describes itself as an investment platform that integrates Artificial Intelligence to optimise financial strategies.
The company claims that its technology enables users to access automated operations with high efficiency. It presents its mission as promoting economic development in Africa and notes that it has been recognised for innovation in the financial sector.
AfriQuantumX also claims to offer safe investment opportunities tailored to the needs of those seeking to grow their wealth reliably and sustainably.
To verify the video, DUBAWA subjected it to open-source verification. The visual footage was traced to an event eight years ago where Obi spoke about Nigeria’s debt and borrowing. We studied the original video closely and observed that none of the AfriQuantum X claims appeared in the original recording.
The viral clip employed a soft, American-like tone, unlike Obi’s naturally cracked and rougher voice, which suggested manipulation. There were also visible irregularities in the lip and chin movements, showing that the voiceover was poorly synchronised with his speech. This mismatch strengthened suspicions that led to a deeper analysis.
We subjected the video’s audio to a Hiya Deepfake voice detector. The tool gave the audio an authenticity score of 1/100, noting that the sampled voice is likely a deepfake.
Another check with ElevenLabs’ AI speech classifier yielded a 98% probability, indicating that the audio was highly likely to have been generated using ElevenLabs’ technology.
Screenshot of ElevenLabs AI speech classifier’s result.
Regulatory checks indicate that AfriQuantumX cannot be licensed in Nigeria, as SEC rules prohibit unregistered forex platforms. International checks also returned no record of the company with reputable regulators. Instead, checks reveal the platform has been flagged in Ghana as fraudulent.
DUBAWA reached out to Obi’s spokesperson, Valentine Obienyem, who shared a photo of a public advisory distancing the politician from the scheme.
It read: “We want to alert everyone that any online businesses claiming to be associated with, endorsed by, or advertising using His Excellency Mr Peter Obi are fake”.
“There is no legitimate connection between Mr Obi and any such online businesses using his name for advertising or promotional purposes. We advise people to be wary of any online entities claiming affiliation with public figures or investment opportunities and to verify authenticity through official channels before engaging.”
Screenshot of Valentine Obienyem’s response.
Conclusion
The viral video claiming that Peter Obi and the Nigerian government endorse AfriQuantum X is false. The clip was tampered with, using a fake voiceover over unrelated footage.
Why should regulatory agencies allow these scammers to be dubbing innocent and naive Nigerians?