Tag Archives: Bureau De Change (BDC) segment of the market

Bureaux de change operators propose roadmap campaign to save naira from further depreciation

The Association of Bureaux De Change Operators of Nigeria (ABCON) has developed a roadmap campign to save the naira from further depreciation and achieve exchange rate stability. The ABCON National Executive Council, which disclosed this yesterday in Lagos, said the naira is exchanging at N596/$ at the parallel market and N415.83/$ at the official market, creating a rate gap of ...

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