Currency exchange office in Nigeria’s capital city Abuja has closed down temporarily because there is not enough US dollars available.
Nigerians use American money for buying and selling things with other countries.
Abdulahi Dauran, leader of the group, told the BBC that they decided to do this to let Nigerians know they are worried about the shortage of dollars. He said it’s because of cryptocurrency and people who buy and sell things online.
“We want to close the Bureau market so that people know we are also concerned about what is happening,” he said.
Mr Dauran said that speculators like Binance and Aboki website are making the situation worse, and many Nigerians depend on them a lot.
The Central Bank is trying to make the country’s exchange rate more steady. This is happening while new changes are being made.
The central bank has told banks to sell any extra dollars they have by February 1, 2024.
They told lenders not to keep too much foreign money just to make money from it.
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Forex Bureaus shut down in Nigeria’s capital
