Economy

CBN declares AbokiFX CEO, Oniwinde wanted over naira collapse

Access Bank

The Central Bank of Nigeria (CBN), on Friday, vowed to arrest the owner of Aboki FX, Olumide Oniwinde, and shut down the popular forex publishing platform. AbokiFX is a platform known for publishing the exchange rate of Naira against other currencies.

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. He also accused Mr Oniwinde of manipulating the exchange rate.

“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.

“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.

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