THELOGICALINDIAN - Following threats from the Central Bank of Nigeria CBN the administration of Abokifx a website that advance the Nigerian currencys atramentous bazaar barter ante has appear the abeyance of their circadian updates This abeyance will abide in aftereffect until Abokifx gets bigger accuracy of the bearings administration said on September 17 2024
Tracking of Parallel Market Rates ‘Undermining’ Nigerian Economy
Abokifx’s accommodation came anon afterwards the end of the CBN’s budgetary action board affair on the aforementioned day. In his remarks to journalists afterward the meeting, governor Godwin Emefiele accused the administrator of the tracking site, Oniwinde Adedotun, of accustomed out an “illegal action that undermines the economy.”
In addition, Emefiele appropriate that the CBN was now tracking bottomward Adedotun whom it accuses of “publishing approximate ante after contacting Bureaux de Change.”
However, in its own statement, Abokifx rejects the allegations the armpit is orchestrating the naira’s abatement on the alongside market. The account explains that Abokifx, which was accustomed in 2014, is accomplishing what it was set up to do — administering bazaar analysis and acquisition abstracts on the alongside bazaar rates.
In a absolute acknowledgment to Emefiele’s allegations, Abokifx additionally denies that some of its cadre are fueling the naira’s freefall. The account explained:
Abokifx Accounts Not Yet Closed
Furthermore, Abokifx insists in the account that it neither trades forex nor has the ability to dispense rates. Instead, the amount tracking armpit alone publishes what it sources on the streets of Lagos and according to what was aggregate on September 17, the naira had plunged to a new low of N570 against one U.S. dollar.
Abokifx claims that “outside the media allegation,” it has not accustomed “any advice from any government anatomy and our accounts are not bankrupt as assured in the media.” It is cryptic whether the CBN absolutely affairs to apprehend Adedotun who is believed to be in the United Kingdom.
Do you accede with what Emefiele has said about Abokifx? Tell us what you anticipate in the comments area below.
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