Tag
ABCON
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have hinted at the possibility of mergers, acquisitions, and takeovers by their members to meet the new capital requirement set by the Central Bank of Nigeria (CBN).
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say that the Central Bank of Nigeria’s (CBN) June 3 recapitalisation deadline for its members remains sacrosanct.
There has been a lot of anxiety in the sector recently as the fate of most of the licensed Bureau De Change (BDC) operators hangs in the air, unless the June 3, 2025, recapitalization deadline is further extended.
Bureau De Change (BDC) operators have revealed that despite the naira's gains at the foreign exchange market during...
Forex market volatility: Naira becoming the most unpredictable currency in the world – BDC operators
Bureau De Change (BDC) Operators, under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON), have revealed that the naira is fast becoming the most unpredictable currency in the world.
Bureau De Change (BDC) operators under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) says that they are constrained from purchasing foreign exchange from the banks.
The Association of Bureau De Change Operators (ABCON) has requested the exemption of excise taxes on foreign exchange...
The Association of Bureau De Change Operators of Nigeria (ABCON) has praised its members for the effective implementation...
The Association of Bureau de Change Operators of Nigeria (ABCON) has reacted to the news of the Central Bank of Nigeria (CBN) extending the Foreign Exchange (FX) sale period to May 30.
The Association of Bureau De Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for lifting the suspension of sales of interbank foreign exchange to its members nationwide, saying this would tame the country’s inflation among other benefits.
The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business hours of 8 am to 6 pm or face disciplinary actions.
Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex speculators will resist the rapid appreciation of the naira to cover their losses.