Mobile social app introduces Naira rates due to forex scarcity

According to media reports, popular mobile social app, Eskimi, has introduced Naira rates for its social platform due to dollar scarcity in the market.

"We see that clients struggle to obtain dollar currency due to forex limitations and the new CBN policy."

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"We introduced our new rate card to all clients and they can choose to pay in Naira,” said Vytas Paukstys, Eskimi CEO, on the change, according to report by Nigeria CommunicationsWeek.

All clients will be able to pay in Naira currency and can request the new rate card to be sent to their e-mail, according to an Eskimi statement, the report says.