Tag Archives: Nigeria clamps down on money changers

To force exchange rate down, Nigeria clamps down on money changers

In order to force a favourable exchange rate for the Naira, the Nigerian government has commenced a clampdown on money changers, called Bureau De Change operators. Dozens of money changers have since Wednesday been arrested by officials of the State Security Service, SSS, in Lagos and Abuja. The arrests, according to Premium Times, commenced after […]

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