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Tag "Aminu Gwadabe"

ABCON: Reopening BDC window will crash exchange rate spike

    ABCON: Reopening BDC window will crash exchange rate spike

The Association of Bureau De Change Operators of Nigeria (ABCON) says reopening the bureau de change window for foreign exchange will crash the prevailing spike in the exchange rate. Aminu

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BDCs back in action — seven weeks after CBN suspended forex sales

    BDCs back in action — seven weeks after CBN suspended forex sales

Bureau de Change operators in the country are set to begin operations after suspending forex sales to protect members from contracting the coronavirus. Operators had, on March 26, announced that

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Banks suspend BDCs’ accounts over tax remittance

    Banks suspend BDCs’ accounts over tax remittance

Banks have placed a ‘Post no Debit’ notice on the accounts of some Bureaux de Change operators, demanding that they remit taxes on their transaction turnover. TheCable had earlier reported

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BDCs ask to be included in Yuan disbursements

    BDCs ask to be included in Yuan disbursements

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Saturday urged the Central Bank of Nigeria (CBN) to approve the Renminbi (Yuan) disbursements to its members, to deepen the

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BDCs reject CBN’s new dollar purchase order

  BDCs reject CBN’s new dollar purchase order

Bureaux de Change Operators say they are not comfortable with the new forex purchase directive issued by the Central Bank

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BDCs to commence digital operations with new website

  BDCs to commence digital operations with new website

Bureaux de Change operators in the country say they will now offer digital services with launch of their new website,

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Exempt us from VAT, bank charges… BDCs list how to make naira stronger

  Exempt us from VAT, bank charges… BDCs list how to make naira stronger

The Association of Bureaux De Change Operators of Nigeria (ABCON) says exemption from value added tax (VAT) and removing or

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Stability in exchange rate ‘will lead’ to appreciation of naira

  Stability in exchange rate ‘will lead’ to appreciation of naira

Aminu Gwadabe, president, Association of Bureau De Change Operators of Nigeria (ABCON), on Tuesday expressed delight over the stability of

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It’s illegal for BDCs to sell dollar above N356, says association’s president

  It’s illegal for BDCs to sell dollar above N356, says association’s president

Aminu Gwadabe, president of the association of bureau de change operators of Nigeria (ABCON), says it is illegal for any

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Naira tumbles in all market segments, now 445 against the dollar

  Naira tumbles in all market segments, now 445 against the dollar

The naira on Monday suffered a severe defeat against the dollar in all the major segments of the market. At

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