Nigeria, March 24 -- The naira is quickly becoming the world's most erratic currency, according to Bureau De Change (BDC) operators operating under the auspices of the Association of Bureau De Change Operators of Nigeria (ABCON).

They pointed out that the local currency has been struggling lately and has been significantly impacted by various conflicts, including those involving commerce, exchange rates, and speculative attacks.

ABCON President Aminu Gwadebe revealed this and acknowledged that the foreign exchange (forex) market is having some difficulties in an exclusive interview with Nairametrics over the weekend.

There has been a lot of instability in the Nigerian foreign exchange market lately, and licensed currency traders have b...