Tuesday, December 7, 2021
MARKET UPDATE

TheCable

Advertisement

Tag "Abokifx"

CBN and abokiFX’s black market rates: How transparent is abokiFX?

    CBN and abokiFX’s black market rates: How transparent is abokiFX?

BY ODEWALE ABAYOMI Amidst the growing popularity of abokiFX, a website which publishes black market exchange rates, and as naira depreciates at the parallel market, the Central Bank of Nigeria

2 comments Read Full Article

What Emefiele’s ‘fight’ with abokiFX really means for the naira

    What Emefiele’s ‘fight’ with abokiFX really means for the naira

On April 23, 2013, the verified Twitter handle of Associated Press (AP), one of the biggest news agencies in the world, tweeted 12 words that cost the US economy about

3 comments Read Full Article

‘We hope rates appreciate next week’ — abokiFX suspends operations with dig at CBN

    ‘We hope rates appreciate next week’ — abokiFX suspends operations with dig at CBN

abokiFX, a web platform that reports movements in the foreign exchange market, has suspended operations as the Central Bank of Nigeria (CBN) placed its owners on investigations. The platform said

0 comment Read Full Article

Sources: CBN investigating Oniwinde Adedotun, abokiFX founder, for ‘illegal’ forex trading

    Sources: CBN investigating Oniwinde Adedotun, abokiFX founder, for ‘illegal’ forex trading

The Central Bank of Nigeria (CBN) is investigating Oniwinde Adedotun, the founder of abokiFX, TheCable has learnt. Sources within the apex bank told TheCable on Thursday night that Adedotun and

0 comment Read Full Article

Naira hits N502/$1 at parallel market

  Naira hits N502/$1 at parallel market

The naira, on Friday, fell at the parallel market to N502 to the dollar as speculations continue to hamper forex

0 comment Read Full Article