Abstract

This article attempts to understand how migrant communities in the global South shape and contribute to the establishment and operation of niche sectors and informal markets in receiving states. The article examines the impact that a community of migrants from Niger Republic have had on the foreign exchange market in Benin City, Edo State, Nigeria. The analysis is situated within the postcolonial framework while drawing on sociological frameworks and methodological tools (ethnography). By analysing the narratives of Nigerien migrants in Benin City, this paper unpacks the characteristics of the migrant forex niche, the interaction between the formal and informal forex businesses in the market, as well as the interplay between migrants and locals in the community. We argue that the nexus of intra- African migrations and informal niche markets leads to spatial, political, economic and social transformations that challenge the significance of formal markets and the limitations of undocumented status.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.