Nigerian Bureaux De Change operators push for unified retail FX market

The Association of Bureaux De Change Operators of Nigeria (ABCON) has announced plans to create a unified structure for the retail end of the country’s foreign exchange market.

A statement from the association on Friday disclosed that the move would tackle volatility and boost regulatory compliance within that segment of the market.

This move, according to ABCON President Aminu Gwadabe, is aimed at tackling currency volatility and strengthening regulatory compliance within the sector.