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Tag "Association of Bureaux de Change Operators of Nigeria (ABCON)"

ABCON: CBN’s cash withdrawal policy fuelling rush for dollars

    ABCON: CBN’s cash withdrawal policy fuelling rush for dollars

The Association of Bureaux De Change Operators of Nigeria (ABCON) says the cash withdrawal policy has led to a rush by Nigerians to buy dollars. The Central Bank of Nigeria,

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ABCON to CBN: De-risk our operations to receive diaspora remittances via NAFEX

    ABCON to CBN: De-risk our operations to receive diaspora remittances via NAFEX

The Association of Bureaux de Change Operators of Nigeria (ABCON) has asked the monetary authority to de-risk their operations in order to receive diaspora remittances through the autonomous forex windows.

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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 of Nigeria. In a statement on Sunday, the CBN had

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