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Tag "Association of Bureau de Change Operators of Nigeria"

‘Recall of BDCs has led to market stability’ — ABCON lauds CBN’s FX policies

    ‘Recall of BDCs has led to market stability’ — ABCON lauds CBN’s FX policies

The Association of Bureau de Change Operators of Nigeria (ABCON) says the recall of members into the foreign exchange (FX) market has led to stability in the exchange rate. Aminu

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Make radical changes in sourcing FX for the economy, ABCON advises CBN

    Make radical changes in sourcing FX for the economy, ABCON advises CBN

The Association of Bureau De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to undergo a paradigm shift in sourcing foreign exchange for the economy.

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ABCON asks members to comply with FX regulations, stop street trading

    ABCON asks members to comply with FX regulations, stop street trading

The Association of Bureau De Change Operators of Nigeria (ABCON) has instructed its members to abide by extant laws establishing them. Aminu Gwadabe, ABCON president, made this known in a

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Naira hits N502/$1 at parallel market

    Naira hits N502/$1 at parallel market

The naira, on Friday, fell at the parallel market to N502 to the dollar as speculations continue to hamper forex market operations. At the importer & exporter (I&E) window, it

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House summons Emefiele to explain BDC policy

  House summons Emefiele to explain BDC policy

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has been summoned by the federal house of representatives

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BDC operators ‘not ready’ for new capital base

  BDC operators ‘not ready’ for new capital base

Some Bureau De Change (BDC) operators have urged the Central Bank of Nigeria (CBN) to extend the deadline for the new

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CBN changes rules for Bureau De Change

  CBN changes rules for Bureau De Change

The Central Bank of Nigeria (CBN) has announced an increase in the minimum capital requirement for Bureau de Change (BDC)

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