Association of Bureau De Change Operators of Nigeria (ABCON) have said they will ban street hawking of foreign exchange by BDC operators. Acccording to the group, the measures would bring down the exchange rate which has been rising recently. The intimation was issued by the President of ABCON, Alhaji Aminu Gwadabe. Speaking, he said that this was part of the ...
Read More »Tag Archives: ABCON
CBN should curb use cryptocurrencies as a channel for diaspora remittances- ABCON
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the apex bank, the Central Bank of Nigeria (CBN) to introduce measures that will curb the use cryptocurrencies as a channel for diaspora remittances. The call was made by the body during its Quarterly Economic Review for the first quarter of of the year Acccording to ABCON, such ...
Read More »Licence renewal: BDCs seek extension of January deadline
The Association of Bureaux De Change Operators of Nigeria, the umbrella body of over 3,500 BDC operators, licensed by the Central Bank of Nigeria, has called on the regulator to extend the January 31 deadline set for the renewal of operating licence of its members to March 31, 2018. This was part of the resolution made at the end of ...
Read More »