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International Money Transfer Operators
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.
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.
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.
Money transfer company Transferwise has resumed remittances to Nigeria after a 17-month break, having confidence in the central bank’s handling of the naira, its chief executive said on Friday.
Algeria’s culture minister has resigned after the deaths of five young music fans in a stampede at a rap concert, the BBC reports.
The corporate name “Process and Industrial Developments Limited” (P&ID) was until lately, probably, only known to very few Nigerians in Public Service, and the oil and gas subsector.
Omo’oba Orun made this known at a meeting with academic staff members of the college held at the Ilese-Ijebu campus, where he stressed that the act of illegality had heightened tension in the institution.
Nigeria on Sunday increased its medals at the ongoing 12th All Africa Games in Morocco, winning three gold medals in badminton, basketball and weightlifting.
The Democratic Republic of Congo announced a coalition government Monday, seven months after the inauguration of new President Felix Tshisekedi.
A former Lagos State Commissioner for Home Affairs, Dr. Abdul Hakeem Abdul Lateef, has advised the newly inaugurated commissioners and special advisers on how to succeed in office.
President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations.
Three cooking gas plants at Ijede in Ikorodu Local Government Area in Lagos State have been sealed off for allegedly operating illegally.
Vice President Yemi Osinbajo on Friday said that the partnership between Nigeria and the US was one that would continue to produce mutually desirable results for both countries.
The Federal Government, on Thursday, celebrated its non-oil export commodities earnings which, it said, rose from U$1.17billion in 2016 to US$3.16billion in 2018.