More Nigerian banks are creating mobile applications (apps) or internet banking where customers can convert their dollars and other foreign currencies to naira, a development that unsettles black market trading.
“This makes a lot of sense, especially for remote workers that are struggling to exchange their foreign earnings. With this, there is no need to withdraw at the counter and run after Akobi before exchanging FX,” Oluwaseun Tijani, a tech lover, tweeted.
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