The dollar rose to between N572 and N575 in different parts of the country on Monday barely two days after online platform, Aboki FX, stopped providing updates on the exchange rate.
Our correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for N574 as opposed to the N570 it was sold for on Friday.The pound was sold for N780 as opposed to N770 last Friday.
He's never out of the way... he has two website and apps. Abokifx and AbokiForex. He has not stop on abokiForex app.
Good news 👏
iam_OGD abokifx, they said is the problem!
2)..nearly everything including common toothpick, they're busy preparing for 2023 election that won't take place, the cenbank governor is just chasing shadows up and down.... This ship already sank a long time again, referendum now oo...
1)You think they don't know the truth? Aboki FX is not the problem we have in this country,it will keep increasing because the people above are less concerned, they're busy storing their wealth outside the country and investing in other country's economy and they're importing..
That is to show you that our so called CBN manager does not understand the law of supply and demand and certainly he does not understand how economic indicators influence economy.
The rate Naira is going.. imagine buying a good for 575k today and you sold it for 580k by tomorrow you’re buying that same good for 580k hoping to make profit…You already in debt!
It’s just like blaming the weather person for bad weather report 😇
Morons clothed in a professor's regalia heading key sectors will only yield a backward economy. Such is the case of this country.
CBN the Gambler
The people that voted muhari the second time shall die painfully
The basics of economics says, when the demand is higher than the supply, price will go higher. So why does Emefiele think magic will happen after banning AbokiFX? Why do we have to put these oldmen to manage our common patrimony?
Keep borrowing, destroy health sector while you patronise overseas hospital, give falsified data, paralyse local industries with lack of electricity and expect naira to improve.
adedoyeean We are going higher 🕺
osinachii1 Economy of Nigeria will crumble if they refuse to free the black Messiah
Incompetent man
This worst is yet to come. Buhari supporters,how market?
chigoziiem Not ₦5.75
Now is crystal clear that AbokiFX is the problem, to the eleribu people abi? Mtcheeew werey people
I've said it time and time again that buhari and APC were brought into Nigeria to destroy the country and economy, why people don't see or know this baffles me.
$1 to N1000 soon awon oloriburuku
No be Juju be that! Clowns🤡
CBN was just wanting to call a dog a bad name to kill it. Abokifx was just the scape goat to enable the shameless government cover their shameless face. I think they will accuse Punch of being the reason why dollar is so high next😂 Incompetent fools. Abeg follow me on Twitter
Mr Punch. Meffy will fight you too for posting this news and by extension setting the exchange rate
Cbn is doing well
Come out let’s fight
By Dec it will hit 1000 , shame.
Please what other alternative can one check the exchange rate since abokifx is on 'suspension'?
But for real though, how does Goddy Emefiele sleep peacefully at night , with the hardships his daily policies have brought upon Nigerians
Hopefully if they create Fulani FX naira might be greate again. 😜
Nigerian politicians knws what they re doing am not supprised ..since the govt can't capture boko haram defeat them ...don't expect anything from them
They will soon blame Nigerians 🤪🤪😂😂
Aboki fx only states the value in parralle market...if CBN hadn't devalued abd kept the rate at 250 will Aboki fx declare 575? CBN make the dollar available and stop hiding your head like ostrich
Dollar de hit up and down depending on your love for your country/selves and the local productions you consume. Aboki announcement no fit influence de value of de Naira as much as Nigerians inferiority complex,curious choices. Buy made in 🇳🇬 to grow the Naira!
All this ppl just ruined Naija
Hyperinflation by 2023
It will soon get to 1500, Ndia ara
And Buhari will never sack Emefiele. Buhari is always comfortable with failure.
Everybody on this Buhari’s administration loves to shift blame to the unlikeliest of persons/entities. Really funny
No! AbokiFX is the cause 😆
Dollar will hit N700 soon! Emefiele is being a stooge & a depraved instrument in MBuhari's hand! He's acting a script! How on earth is abokifx the problem? He claimed banks have enough Fx for everyone yet parents are queuing up at banks to pay fees yet haven't gotten Fx
So who is a fool now
😂🤣🤣🤣🤣🤣🤣🤣🤣😂🪘😂
Aboki FX now Fulani FX maybe
I was expecting the naira to be at par with the dollar once the sting operation conducted by CBN was successful. 😜😜😜
In every situation.. Kasa madupe
2 ways 1. Make $ local currency 2. Devalue the Naira (remove some zeros) else CBN is on a cruise with FX
If not foolishness on the part of CBN, they should have called Abokifx and liaise with the platform instead of the outburst. Emefiele has given people the opportunity to manipulate the rates more. Our leaders are always going mad
Man’s just an ordinary tout, clueless on what to do
The normal economic theories we know doesn't work in Nigeria, because this country is far from Ceteris Paribus...
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No be to kuku convert our naira to dollar and ignore naira. Make we see whether dollar for America go rise pass dollar for naija
Lmaoooo. Emefiele will soon ban Punch😂😂😂
Jezzzzzzzz!!!!!!!!!
We are dead in this country
Wetyn dey happen
Hahahahaaaa Never Allow Igbos Rule Again(NAIRA) has collapsed hahahahaaaa
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