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As the Central Bank of Nigeria (CBN) at the weekendordered all Deposit Money Banks (DMBs) to sell forex to travellers over the counter, the Association of Bureaux De Change Operators of Nigeria (ABCON) has kicked against the order calling on the regulator to review BDC’s dollar purchase rate to align with rate commercial banks’ buying rate.
As the Association of Bureaux De Change Operators of Nigeria (ABCON) launched the live rate engine room, www.naijabdcs.com, in Lagos yesterday, its President, Aminu Gwadabe, has predicted that the new initiative would transform the foreign exchange (forex) market and keep speculators at bay.
The Association of Bureau De Change Operators of Nigeria (ABCON), says it has taken measures to ensure that its members imbibe the culture of transparency in transactions and corporate governance.
Ahead of the 2019 general elections, the President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has warned of a possible capital flight.
Alhaji Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its monetary policy rates.
President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has warned that spending by politicians ahead of the 2019 General Elections may threaten the stability of the naira.
The president of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, on Wednesday defended the CBN’s retention of the benchmark interest rate and other monetary policy parameters.
Alhaji Aminu Gwadabe, the President of Association of Bureaux De Change Operators of Nigeria (ABCON), says consistent evacuation of dollars illegally from Nigeria to Dubai is a threat to stability of the naira.
Financial experts have diagnosed plausible reasons for the steady depreciation of the nation’s currency in spite of series of interventions by the Central Bank of Nigeria in the foreign exchange market.
The Association of Bureau De Change Operators of Nigeria (ABCON) on Tuesday, pledged to assist in reducing the plight of the Internally Displaced Persons (IDPs) in the North-East.
Youths Initiative for Advocacy, Growth and Advancement (YIAGA) Africa, a Non-Governmental Organisation (NGO), on Monday insisted that announced result of Saturday’s governorship election in Ekiti was correct.
The Petroleum Technology Development Fund (PTDF) has extended it scholarship programme to China, Germany and France to deepen capacity of Nigeria in the oil and gas sector.
The Nigerian National Petroleum Corporation (NNPC) has commenced a community integration and stakeholders’ engagement to sensitise people in Cross River ahead the planned oil palm-based bio-diesel project.
Former Arsenal forward Thierry Henry has announced he is leaving Sky Sports to focus on his "long-term ambition to become a football manager".
Newspaper Vendors in Bauchi have lamented over the drop in sale of newspapers as a result of internet evolution.
Chris Akomas, a former deputy governor of Abia State, has formally declared his interest to run for the 2019 governorship race on the platform of the All Progressives Congress (APC) and solicited for the support of his party members.
Croatia midfielder Ivan Rakitic insisted fatigue will not be an issue for the biggest game of his career despite being pushed to three periods of extra-time to make Sunday’s World Cup final.
As part of measures to raise the consciousness of motorists on safety issues on the highways in Katsina, the Federal Road Safety Commission (FRSC) in the state on Wednesday said it had apprehended 32 motorists for various offences ranging from overloading, violation of traffic rules and driver’s licence.
Thirty men suspected to be members of an unlawful society called “Black Axe” were on Wednesday arraigned in a Yaba Chief Magistrates’ Court, Lagos.
The National Emergency Management Agency (NEMA) says it has received a batch of 160 assisted voluntary returnees from Libya who were stranded in failed attempts to reach different European countries.