Naira depreciated against the dollar on Monday, 6th November 2023, closing at N809.02/$1 at the official market, representing a 4.06% increase from the N776.14/$1 recorded...
In the P2P market, the Naira fell as low as N910 against the dollar on Wednesday morning before moderating to the N902/$ levels. Short...
President of Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe has advised the Central Bank of Nigeria (CBN) to immediately leverage...
The exchange rate between the naira and dollar closed a tumultuous week quoting as high as N955/$1 on the black market. This is according...
The Association of Bureaux Des Change Operators of Nigeria (ABCON), says that the naira redesign policy of the CBN has fuelled the stability of the naira...
By DANLADI BATURE THE Bureau De Change (BDC) segment of the foreign exchange market(BDC) is expected to enjoy some level of calmness following the refund of...
The Manufacturers Association of Nigeria has said the new electricity tariff, coupled with the inadequate power supply in the country will not favour manufacturers in the...
The Association of Bureau de Change Operators of Nigeria (ABCON) has called for collaboration with the Central Bank of Nigeria (CBN) to address the current depreciation...
The naira has depreciated further to N305 per dollar as scarcity of dollars intensified in the parallel market. From an average of N287 per dollar on...
Following the decision of the Central Bank of Nigeria to stop the sales of forex to Bureau De Change operators in the country, Association of BDC...
