Abokifx suspend operations following CBN crackdown

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 this in a notice posted on its website on Friday. Oniwinde Adedotun, the founder of AbokiFX Limited, is currently facing a probe over alleged ‘Illegal’ forex trading. According to a report by The Cable, it was learnt on Thursday night by sources within the apex bank that Adedotun and AbokiFX Limited are currently under investigation for “illegal foreign exchange transactions”. An insider, familiar with…

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