Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has confirmed the investigation of Oniwinde Adedotun, the founder of abokiFX.

On Thursday, TheCable reported that Adedotun and abokiFX Limited are currently under investigation for “illegal foreign exchange transactions”.

AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014.

On the platform, Naira is quoted at 570 to the dollar at the parallel market, though the apex bank had described it as an illegitimate market.

“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” Emefiele said.

“I am sorry to say that I do not, and I do not intend to recognise any fx in the market.

“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it.

“If you want to sell the dollar, go to your bank and sell it. “

“The only exchange rate remains the I&E window, which is the market we expect everybody who wishes to procure or sell forex to get it,” Emefiele said.

“I am sorry to say that I do not, and I do not intend to recognise any fx in the market.

“Go to your bank. Even if your limit is above what the bank is selling, put it forward, and we will look into it.

FreeStuffsNG:
Another one bites the dust. He claimed to be a British citizen who sits down in his comfy in London and fixes parallel exchange rate to raise the incentive for speculators.
This is a bit late for CBN to have figured since but it's better late than never. This forex racketeering and speculation just has to stop! He dare not try this criminal activity in the UK, his adopted country, but he is sitting overseas and using his education to wreck an already bad situation yet folks are here wondering what his going on The CBN governor is right that he will make sure the guy face charges for economic sabotage.

Go and check out comments and posts by this Oniwinde guy, he will even be among those blaming Buhari and Emefiele! There are many Oniwinde here on Nairaland.

All the enemies of Nigeria will lose las las. They always lose. God bless Nigeria.

Validated:
Emefuele, do not stsrt a war you cannot win. Even Buhari will abandon you once aboki report you are killing their business.

etokhana:
https://www.nairaland.com/6756639/cbn-shuts-down-abokifx-bank#105876490



https://www.thecable.ng/breaking-cbn-confirms-investigation-of-oniwinde-adedotun-abokifx-founder/amp

Validated:
Emefuele, do not stsrt a war you cannot win. Even Buhari will abandon you once aboki report you are killing their business.

etokhana:
https://www.nairaland.com/6756639/cbn-shuts-down-abokifx-bank#105876490

AbokiFX is a web platform that reports movements in the foreign exchange market since as early as 2014.

https://www.thecable.ng/breaking-cbn-confirms-investigation-of-oniwinde-adedotun-abokifx-founder/amp