The Association of Bureau De Change Operators of Nigeria (ABCON) on Thursday said it had sensitised its members and put in place key measures and actions...
Bureau De Change operators have accused Travelex Nigeria of hurting efforts by the Central Bank of Nigeria (CBN) to strengthen the Naira against the dollar by...
By Odunewu Segun With the number of Bureaux de Change (BDCs) officially recognised by the Central Bank of Nigeria growing to 3,239 in the last one...
Will breed another FX traders By Odunewu Segun In the last three months, the Central Bank of Nigeria has pumped over $4bn into the forex market...
By Odunewu Segun Currency speculators have been described as the greatest challenge facing the naira just as the Central Bank of Nigeria continue to inject dollars...
The Association of Bureau De Change Operators of Nigeria (ABCON) has asked for a N10 margin per dollar from the Central Bank of Nigeria (CBN). Granted,...
By Odunewu Olusegun The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadebe, has blamed the recent depreciation of the Naira on the...
The Central Bank of Nigeria (CBN) will inject additional 10,000 dollars proceeds of International Money Transfer Services Operators (IMTSO) to 3135 Bureau De Change Operators nationwide,...
By Odunewu Segun The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has accused some commercial banks of refusing...
The naira slipped further against the US dollar on Tuesday, slipping from N445 to which it traded on Monday at the parallel market to N452 to...