Travelex eyes Nigerian market

Stella Oduah

Travelex is the world’s leading foreign exchange specialist.
Travelex, the world’s leading foreign exchange specialist, has indicated its interest to set up offices in major airports around Nigeria.

Chairman (Non-Executive) and Founder of Travelex, Lloyd Dorfman, disclosed this in Abuja on Wednesday, during a meeting with NIgeria’s Aviation Minister, Stella Oduah.

Mr. Dorfman said Travelex is interested in expanding its business reach to Nigeria by providing air travellers and airport users seamless retail foreign exchange services comparable to what obtains in other internal and domestic airports around the world.

“We are extremely excited about this opportunity to work with you,” Ms. Oduah told the aspiring investor. “Currently, we are embarking on a very ambitious expansion programme of our airports which began with the rehabilitation, reconstruction and remodelling of the old terminals. In the first quarter of next year, work on five brand new international terminals is expected to commence. Travelex’s entry into the sector could therefore not have come at a better time.”

Mr. Dorfman stated that with its leading edge technology in the provision of Foreign Exchange ATM machines, Travelex’s entry into the nation’s aviation sector would help to boost the cash-lite policy of the federal government while also providing air travellers the convenience of the its services at the airports.

Travelex currently provides foreign exchange service in over 50 countries and trades in more than 80 foreign currencies.

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