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AbokiFX suspends operations over CBN Fx investigation

AbokiFX, a website that reports daily activities in the foreign exchange market, has suspended operations after the Central Bank of Nigeria disclosed that it is investigating its promoters for alleged illegal FX transactions and economic sabotage. Meanwhile, as the CBN prepares to launch the E-naira on the 1st of October, the apex bank has revealed that it will own a majority stake in its technical partner. Femi Oladehin, Partner, Investment Banking at Argentil Capital Partners joins CNBC Africa for more.
Mon, 20 Sep 2021 12:09:44 GMT