Nigeria, Sept. 17 -- The management of Abokifx, a website that collates black market exchange rates in Nigeria, has announced the website will suspend publishing rates after the Central Bank of Nigeria threatened the group.

This was disclosed in a statement published on its website in the late hours of Friday.

"abokiFx has taken the decision today, the 17th of September 2021, to temporarily suspend rate updates on all our platforms, until we get better clarity of the situation," the statement published partly reads.

It said the final rates have been posted Friday evening and that its news section and the Crypto rates section will still be active.

This comes a few hours after the CBN accused Abokifx of carrying out an "illegal activity...