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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Apps»Eskimi introduces Naira rates due to dollar scarcity
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    Eskimi introduces Naira rates due to dollar scarcity

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    By Paul Adepoju on January 27, 2016 Apps, Startups

    Mobile social network Eskimi has become the latest tech company to restrategise as a way of coping with the latest foreign exchange policies of the Central Bank of Nigeria (CBN). It has announced the introduction of Naira rates for Eskimi social platform.

    In a message sent to its users, Eskimi said the decision was taken as a result of scarcity of dollars in the market.

    The Chief Executive Officer of Eskimi, Vytas Paukstys said the company had to act to ease the burden of its clients that are finding it hard to obtain dollar currency. He said Eskimi clients will now be able to make payments in Naira.

    “We see that clients struggle to obtain dollar currency due to forex limitations and new CBN policy. We introduced our new rate card to all clients and they can choose to pay in Naira,” he said.

    “All clients will be able to pay in Naira currency and you can request the new rate card to be sent to your e-mail.”

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