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ABCON

30 Dec 2019
The Bureaux De Change (BDCs) have for years supported Nigeria’s growth agenda and the commitment to exchange rate stability by the Central Bank of Nigeria (CBN)
7 Nov 2019
Despite the increasing awareness and reforms in the Bureau De Change (BDC) sub-sector, a significant number of operators are below the requisite rules guiding their activities, the Financial Stability Report of the Central Bank of Nigeria....
14 Oct 2019
The nation’s foreign currency dealers have joined the argument against the processing fees for cash-less policy operations and the government’s planned hike in Value Added Tax rate.
6 Sep 2019
The Central Bank of Nigeria (CBN) has challenged the Association of Bureaux De Change Operators of Nigeria (ABCON) to evolve an effective self-regulation that would ensure full compliance of the operators.
20 Aug 2019
The Association of Bureaux De Change Operators of Nigeria (ABCON) is raising the capacity of its more than 45,000 licensed operators to avert the criminal intent of Politically Exposed Persons, who may take advantage of their ignorance.
9 Jul 2019
Nigeria must make the best from the growing tensions between the United States of America and Russia/Asian countries, particularly, China, the Association of Bureau De Change Operators of Nigeria.....
24 May 2019
The rising trade tension between the United States and China, is benefitting Nigeria, as it is currently boosting the price of crude oil in the international market.
23 May 2019
The rising trade tension between the United States and China, is benefitting Nigeria, as it is currently boosting the price of crude oil in the international market. By the development, the country is not only increasing its stock of foreign exchange reserves, but also boosting the strength of the local currency, as confidence on the…
20 May 2019
The Association of Bureaux De Change Operators of Nigeria (ABCON) has advised no fewer than 4,500 Central Bank of Nigeria (CBN)-Bureaux De Change (BDCs) have been advised to create or activate over 4,000 corporate emails of the group’s platform and stop the use of Yahoo and Gmail for official communication. The currency dealers, under the…
1 May 2019
The Association of Bureaux De Change Operators of Nigeria (ABCON) has declared its support for the Clean Note Policy and Banknote Fitness Guidelines of the Central Bank of Nigeria ....
17 Apr 2019
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for radical implementation of the power sector reform programme to ensure access to stable electricity supply for households and businesses. The association also urged its members to apply the principle of currency diversification to mitigate the risk of fluctuations due to uncertainties from…
29 Mar 2019
Travelex Nigeria and the Association of bureaux De Change Operators of Nigeria (ABCON) are scripting a strategic partnership that will enable the nation’s Bureau de Change (BDC) operator to access the more than $20 billion yearly Diaspora remittances into the country.

Latest

2 mins ago
The Nigeria Security and Civil Defence Corps (NSCDC), has affirmed readiness to increase its support in the protection of Persons Living With Disabilities (PLWD) in Nigeria.
7 mins ago
The Kano State Government has banned tricycle riders popularly known in the region as “Adaidaita Sahu” from operating on some major metropolis roads within the state.
33 mins ago
The Ebonyi government says it will fortify security at all Independent National Electoral Commission (INEC) offices, among other facilities, across the state. Chief Stanley Emegha, the Security Consultant to the Government, made the disclosure on Tuesday while speaking on efforts to forestall the recent arson on the INEC office in Izzi Local Government Area. Emegha…
45 mins ago
Through interactions with Deadpool on social media, Loki's Miss Minutes teased fans of the Marvel Cinematic Universe. Hey there @Deadpool Love, Miss Minutes," said the tweet from Miss Minutes, a representative of Loki, on her official Twitter account. This post, which garnered over 10,000 likes, sparked rumours that Wade Wilson might have a relationship with…
59 mins ago
The Federal Government announced the commencement of a 14-working-day paternity leave for civil servants. The Head of the Civil Service of the Federation, Folasade Yemi-Esan, disclosed this in a circular on Monday. “Government has also approved paternity leave for serving male officers whose spouse delivers a baby. The period of the leave shall be fourteen…