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Home BUSINESS Nigerians express outrage after CBN forces AbokiFX to stop publishing exchange rate

Nigerians express outrage after CBN forces AbokiFX to stop publishing exchange rate

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By Ishaya Ibrahim, News Editor

AbokiFX says it is suspending publication of parallel exchange rate on it’s website following the bogus claim by the Central Bank Governor, Godwin Emefiele, that the website fixes prices of foreign currencies through it’s publication, thereby sabotaging Nigeria’s economy. .

For many who commented on Twitter, no claim could be more bogus.

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A campaigner against police brutality, Segun Awosanya, tweeting via his Twitter handle, @segalink, wondered how Naira would suddenly become stronger since AbokkFX no longer publishes parallel FX rates on it’s website.

He says: “Now that #AbokiFX has shutdown its website, let’s watch N1 become $1 overnight since the turds at CBN believe their village people allegedly recruited by a website are behind Naira’s woes.”

Activist, Rinu Oduala, tweeting via @SavvyRinu, said: “CBN Governor, Emefiele said he gave instructions to ‘experts’ to go after AbokiFX website. We deduce that this govt can choose to launch a cyberattack at any website it wishes. Thank you Meffy for the confirmation.

ARISE TV.news analyst, Rufai Oseni, tweeting via @ruffydfire, says: “If aboki fx could bring down the Naira then the Bdcs that sold forex for 100Naira margin for years must be invincible to the CBN. We play too much in Nigeria.”

@Ekwulu adds: “AbokiFx has been operational since 2015.The CBN is looking for scapegoats to blame for it’s incompetence.”

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