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ABCON

Forex Crisis Costs Nigeria Over $500m Annually, Importers Warn

FX Market: BDC Operators Unveils Plan For Unified Retail Market To Tackle Volatility

In an effort to lower volatility and improve regulatory compliance, the Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed plans to establish a single retail end of the foreign exchange (FX) market. FX Market: BDC Operators Unveils Plan For

April 28, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·Markets·News

BDCs Now Buying Dollars At N980/$1, Selling At N1,020– ABCON President

The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadebe, expressed satisfaction with the rise of the naira against the United States Dollar, citing it as an achievement for the country’s economy. Speaking on a Channels Television

April 17, 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Business·Markets·News

Tighten Access To Forex For Non-Oil Exporters- ABCON Tells CBN

The Association of Bureau De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to tighten access to foreign exchange (forex) for non-oil exporters. ABCON President, Dr. Aminu Gwadabe, emphasized the need for this measure during a

April 11, 2024

Naira Opens Week With Gain Across FX Markets

Business·Currency

Bureau De Change Operators Expect Dollar Rate To Rise Above N730 Due To CBN’s Policy

The policies of the Central Bank of Nigeria (CBN) under Godwin Emefiele have been blamed by the Association of Bureau De Change Operators of Nigeria (ABCON) for the hike in dollar rate. According to the President of ABCON, Aminu Gwadabe, the exchange

October 17, 2022

Governor of Nigerias Central Bank Godwin Emefiele

Business·Currency

Bureau De Change Operators Provide CBN With Solutions To Save Naira

The Central Bank of Nigeria (CBN) has been urged by the Association of Bureaux De Change Operators of Nigeria (ABCON), to put an end to the official fixed rate in the foreign exchange market. ABCON’s President, Aminu Gwadabe, said abolishing the fixed

August 1, 2022

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ABCON

FX Market: BDC Operators Unveils Plan For Unified Retail Market To Tackle Volatility

BDCs Now Buying Dollars At N980/$1, Selling At N1,020– ABCON President

Tighten Access To Forex For Non-Oil Exporters- ABCON Tells CBN

Bureau De Change Operators Expect Dollar Rate To Rise Above N730 Due To CBN’s Policy

Bureau De Change Operators Provide CBN With Solutions To Save Naira

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