Forex crisis: “You can only operate between 8am and 6pm” – ABCON to BDC operators
The Association of Bureau De Change Operators of Nigeria (ABCON) has directed its members to strictly operate within the business ...
Tag: ABCON
Forex market: BDC operators warn that speculators will resist naira appreciation
Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex ...
New CBN guidelines: BDC operators say buying forex from authorized dealers is not automatic
Forex traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) say the permission of ...
BDCs accuse IMTOs of ambushing external remittances, creating dollar scarcity in the parallel market
Bureau De Change (BDC) operators in Nigeria have attributed the recent depreciation of the Naira in the parallel market to ...
CBN inconsistent dollar supply hampering naira recovery – BDC operators
Currency traders have attributed the persistent weakening of the naira and the volatility of the foreign exchange market to the ...
CBN’s N2 billion capital requirement for BDCs against global standards- ABCON
The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Mr. Aminu Gwadabe has stated that the ...
BDC blames insufficient forex allocation for Naira depreciation
Amidst severe liquidity shortages and erratic forex supply, a senior ABCON official explained why the naira has been depreciating in ...
Naira trades at April low as U.S dollar near six month high
The Nigerian naira traded near its April low, while the dollar index approached a six-month high as the anticipation of ...
BDCs now buying dollars at N980/$, naira appreciating faster than expected – ABCON President confirms
The Association of Bureau De Change Operators of Nigeria (ABCON) said that as of Tuesday, the Bureau De Change (BDC) ...
ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official window
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN) prevent ...
