Just In: CBN to shutdown Aboki FX, Investigates Founder, Olusegun Oniwinde

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FG to ‘shut down’ popular Aboki FX website

The popular and widely acclaimed foreign exchange platform, Aboki FX, is currently being investigated by the Central Bank of Nigeria for illegal foreign exchange transactions.

The web portal well known for reporting the exchange rate of the Naira compared to other currencies is set to be shut down.

The current CBN Governor, Godwin Emefiele revealed the intent at the routine Monetary Policy Committee meetings earlier today. The owner of the platform, Olusegun Oniwinde is facing charges of exchange rate manipulation amongst others.

Emefiele revealed that the CBN does not recognize any other forex window except the Investors and Exporters window.