These strategies/roadmap campaign plans are needed to save the naira from further decline, bridge exchange rate gaps and curb volatility in the forex market.
The Government has been urged to discontinue its subsidy schemes for fuel and FOREX. The Association of Bureaux De Change Operators of Nigeria (ABCON) believes that putting an end to these subsidies would help remedy structural issues in the economy.
The President, Association of Bureaux De Change Operators of Nigeria (ABCON), Dr. Aminu Gwadabe has disclosed that the on-going trade war between two of the world's largest economy, the United States and China, is playing to Nigeria's advantage.
ABCON has enjoined over 4,500 Bureaux de Change (BDCs) licensed CBN, to shun Yahoo and Gmail for communication and set up official emails.
The plan by the Central Bank of Nigeria (@cenbank) to put an end to the circulation of dirty, mutilated and unfit naira notes have been supported by the Association of Bureaux De Change Operators of Nigeria (ABCON).
A strategic partnership between Travelex and ABCON will enable Nigerian's BDCs to access more than $20 billion yearly Diaspora remittances into the country.
