22 C
Nigeria
Sunday, October 17, 2021

CBN declares AbokiFX boss wanted over naira perpetual collapse

The Central Bank of Nigeria, on Friday, vowed to arrest the owner Olumide Oniwinde and shut down popular forex publishing platform, AbokiFX. People gazette reports

AbokiFX is a platform known for publishing the exchange rate of Naira against other currencies. It began operations in 2015.

The CBN governor, Godwin Emefiele who spoke after the Monetary Policy Committee’s two-day meeting in Abuja described the platform as illegal, accusing it of putting the Nigerian economy at risk.

Mr Emefiele accused Mr Oniwinde of manipulating the exchange rate.

Join any of these WhatsApp Groups to receive Prompt News Update on WhatsApp

“I have given instructions to our experts to go after his website and let it be clear that we will go after him because we can’t allow this to continue,” he said.

Mr Emefiele also challenged Mr Oniwinde to make himself available at the CBN headquarters in Abuja.

“That is the story of AbokiFX and I hear he’s making news on social media. I’m not on social media, but let him come and meet me in the central bank, let him come and show his face. Those who feel they want to support him to fight me, come out, let’s fight,” he said.

This comes barely 24 hours after  report that the CBN threaten to shutdown the platform This was contained in a letter it sent to commercial banks requesting transaction records of the website over an alleged breach of the National Intelligence Committee Act of 2004.

Get in touch with us on WhatsApp – 09012328285

Receive Latest Updates on: WhatsApp: iR News Room, Facebook: Intel Region, Twitter: @intelregion, Instagram: @intelregion Telegram: iR News Room

Read More

Latest News

- Advertisement -