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Association of Bureaux De Change Operators of Nigeria
The Association of Bureaux De Change Operators of Nigeria (ABCON) has expressed its support for the Central Bank of Nigeria’s (CBN) monetary policy and intervention in critical sectors in the economy.
The Association of Bureaux de Change Operators of Nigeria (ABCON) has set N250 to dollar exchange rate agenda for President Muhammadu Buhari in his second term in office.
The Association of Bureaux De Change Operators of Nigeria and the Economic and Financial Crimes Commission have extended the campaign against money laundering and terrorism financing to Bureaux de Change operators at the Murtala Muhammed Airport 2 (MM2), Lagos.
Association of Bureaux De Change Operators of Nigeria, ABCON, has called on the Central Bank of Nigeria, CBN, to implement provisions of its 2014 circular which makes BDCs direct agents of international money transfer operators, IMTOs, as obtained in other countries.
The strategic partnership between the Central Bank of Nigeria (CBN) and Association of Bureaux De Change Operators of Nigeria (ABCON) on foreign exchange (forex) supplies and sustenance of market integrity helped the naira’s stability in 2018.
The Acting Chairman, Economic and Financial Crimes Commission, Mr. Ibrahim Magu has cautioned Bureau de Change operators in the country against aiding corrupt practices of some politicians.
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.
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.
The President, Association of Bureaux De Change Operators of Nigeria, Mr. Aminu Gwadabe, has said Naira’s marginal depreciation by 0.55 per cent to close at N365on Friday was part of foreign exchange market fluctuations.
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 Supreme Court on Thursday dismissed a suit filed by Idris Mamman-Gatumbwa challenging the nomination of Governor Babagana Zulum by the All Progressives Congress (APC) as its governorship candidate for the 2019 general elections.
The Federal Government has raised an alarm over a recent virile disease, Cassava Brown Streak Disease (CBSD), ravaging East and Central Africa now making its way to West Africa.
An Islamic cleric Ganiyu Salami, on Thursday approached an Igando Customary Court, Lagos, to end his 40 years marriage to Halimatu, for allegedly denying him sex and threatening his life.
Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.
A coalition of Civil Societies Organisations (CSOs) in Cross River, have given Governor Ben Ayade 60 days to conduct local government election in the state.
Super Eagles forward Odion Ighalo ends the 2019 Africa Cup of Nations (AFCON) in frustration after picking up a hamstring during the third place match against Tunisia despite scoring the winning goal.
The Association of Professional Bodies of Nigeria (APBN) has urged President Muhammadu Buhari to constitute his cabinet without delay to restart the country’s economic growth.
The leadership of the Senior Staff Association of Nigerian Universities (SSANU) and the Non Academic Staff Union (NASU), are meeting in Abuja over different issues affecting members of the joint union.
Nigeria and Algeria will clash for the 21st time at senior men’s level on Sunday night in an AFCON 2019 semi final encounter that promises lots of fireworks at the Cairo International Stadium.
The Police Command in Kano State has confirmed the arrest of a housewife, Aisha Ali, who allegedly poured hot water on the private part of her husband.