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International Money Transfer Operators

Bureaux de Change operators back central bank’s policies

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.

ABCON: CBN should make Bureaux de Change direct agents of IMTOs

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.

Central bank orders commercial banks to sell forex to customers, non-customers

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.

Transferwise resumes Nigeria money transfers citing confidence in Naira

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.

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The immediate past Attorney General of the Federation and Minister of Justice, Mohammed Adoke, SAN.

Malabu scandal: Lack of service of charge stalls Bello Adoke’s arraignment

Planned arraignment of the immediate past Attorney General of the Federation and Minister of Justice, Mohammed Adoke, SAN, on corruption charges, was stalled on Wednesday due to failure of the Economic and Financial Crimes Commission, EFCC, to serve copies of the charge on the defendants.
Ahmadu Fintiri

Governor Fintiri: I’ll probe Mohammed Bindow’s administration, local councils

The governor of Adamawa State, Ahmadu Fintiri, has said he would soon step on toes by probing the Mohammed Bindow-led-All Progressives Congress government from the state to local government levels.
Kwara State Governor Abdulraham Abdulrazaq

Pensioners hail Kwara governor for prompt payment

Kwara state pensioners have hailed Governor AbdulRahman AbdulRazaq for timely payments of their entitlements since he assumed office in May last year.