The Association of Bureaux De Change Operators of Nigeria (ABCON) says the widening gap between the official and parallel market exchange rates was being driven by acute dollar scarcity. The body said this was due to the continued suspension of…
…Advocates BDCs’ inclusion in dollar supply mechanisms The Association of Bureaux De Change Operators of Nigeria (ABCON) has solicited the Central Bank of Nigeria (CBN) support in ensuring that Bureaux De Change (BDCs) continue to sell dollars to retail end …
By Seun Ibiyemi The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,3000 Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDCs) has advised the apex bank to de-risk BDCs operations to allow operators…
By Kayode Tokede Foreign Exchange traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have called on the Central Bank of Nigeria (CBN) to investigate the actual causes of Naira depreciation since July 2nd…
With the Central Bank of Nigeria (CBN) stoppage of foreign exchange sales to Bureaux De Change (BDCs), financial analysts have advised the apex bank to allow the BDCs receive diaspora remittances as is done in other economies of the world.…
The Association of Bureaux De Change Operators of Nigeria has assured members of the public that Bureaux De Change operators are still providing foreign exchange services. ABCON said while the dollar sale from the Central Bank of Nigeria had helped…
The Association of Bureaux De Change Operators of Nigeria (ABCON) has assured members of the public that Bureaux De Change (BDCs) still provide foreign exchange services. ABCON President, Aminu Gwadabe, said in a statement on Thursday in Lagos, that the…
By Kayode Tokede Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated for reforms that will reduce government spending and also curb the rising trend in the nation’s public debt. The Association made this call in its Quarterly…
The President, Association of Bureau De Change Operators of Nigeria (ABCON), Dr. Aminu Gwadebe in this interview with the Publisher, Nigerian NewsDirect Dr. Samuel Ibiyemi said the association supported the Central Bank of Nigeria (CBN) economy diversification and investing resources…
The Association of Bureaux De Change Operators of Nigeria (ABCON), on Wednesday, said that over 6000 if its members nationwide contributed one trillion naira annually to the nation’s economy. President, ABCON, Alhaji Aminu Gwadabe disclosed this in a keynote address…
