Forex crisis: BDCs ask CBN to increase its minimum capital to N350 million
The Association of Bureau De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to increase ...
The Association of Bureau De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to increase ...
ABCON has assured that the Nigerian economy will begin to see and capture the diaspora remittances when the Central Bank ...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Federal Government to ban the operations ...
BDC operators are advocating for increased participation and involvement in the foreign exchange market to ensure the success of the ...
At the black market, the Naira depreciated against the dollar to close at N487/$1 on Wednesday.
The naira hit another new low as it depreciated again against the dollar, closing at N484/$1 at the parallel market.
The BDC operators said that the profit margin would not be enough to cover their expenses.
Gwadebe said that the pandemic caused supply disruptions as the price of crude oil went down.
Over 100 Bureau De Change Operators were fined N5 million by the Central Bank of Nigeria for various infractions in ...
The severe pressure on Nigeria’s foreign exchange market has led to significant depreciation of the Naira across all the market ...
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