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Tag "Association of Bureau De Change Operators of Nigeria (ABCON)"

ABCON to CBN: Collaborate with BDCs to end multiple exchange rates

    ABCON to CBN: Collaborate with BDCs to end multiple exchange rates

The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN)) to use its members as a tool in ending multiple exchange rates

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Create special FX trading window for BDCs, ABCON tells CBN

    Create special FX trading window for BDCs, ABCON tells CBN

The Association of Bureaux De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to establish BDCs’ autonomous foreign exchange trading window (BAFEX) with a determined

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ABCON: 26 BDC operators arrested over ‘money laundering, terrorism financing’

    ABCON: 26 BDC operators arrested over ‘money laundering, terrorism financing’

The Association of Bureau De Change Operators of Nigeria (ABCON) says 26 members have been arrested by security operatives, over alleged unlawful foreign exchange (FX) transactions. Aminu Gwadabe, president of

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‘Allow us participate in remittances space’ — BDCs laud CBN’s naira 4 dollar policy

    ‘Allow us participate in remittances space’ — BDCs laud CBN’s naira 4 dollar policy

The Association of Bureau De Change Operators of Nigeria (ABCON) says the competitive diaspora remittance market introduced by the Central Bank of Nigeria will bring about naira stability. Aminu Gwadabe,

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‘N2 profit margin not enough to sustain operations’ — BDCs ask CBN to review FX rate

  ‘N2 profit margin not enough to sustain operations’ — BDCs ask CBN to review FX rate

The Association of Bureau de Change Operators of Nigeria (ABCON) says the N2 profit margin that comes with exchanging the

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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

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