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The Association of Bureau De Change Operators of Nigeria (ABCON) is actively seeking regulatory approval to publicly display black-market exchange rates for the naira against the dollar on online platforms, more than two years after the ban on AbokiFX. Speaking to Nigerian outlet Nairametrics, ABCON president Aminu Gwadabe explained that the association is proposing this change, accompanied by an upgrade to their website’s functionality to compete effectively with other platforms in the economy. This proposal signifies a departure from the previous central bank leadership’s stringent measures …

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