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Aminu Gwadabe

18 May
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for the guidance and collaboration of the Securities and Exchan
17 Apr
The president of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, said the recovery of the naira against the dollar and other foreign exchange is happening faster than expected. Gwadabe said this during a phone-in interview on Channels Television’s ‘Business Incorporated’ programme on Tuesday. Gwadabe said as of Tuesday afternoon, Bureau…
11 Apr
The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to restrict access to foreign exchange (FX) for non-oil exporters holding domiciliary accounts. ABCON's requests come amidst a series of recent CBN actions aimed at managing Nigeria's foreign exchange market. Earlier this week, the CBN prohibited the…
1 Apr
The Association of Bureaux de Change Operators of Nigeria (ABCON) has lauded the decision of Olayemi Cardoso-led Central Bank of Nigeria (CBN) to bring back bureau de change (BDC) operators into the mainstream FX market as a major factor driving exchange rate stability.
16 Jan
The Nigerian naira, on Monday, appreciated against the United States dollar, closing at N838.95 to $1 at the official foreign exchange market .

Latest

4 mins ago
The Governor of Edo State, Senator Monday Okpebholo, has approved the dissolution of the Governing Councils of all state-owned tertiary institutions. Okpebholo also approved the disengagement of the Management Staff of Edo Specialist Hospital and Stella Obasanjo Hospital, Benin City, with immediate effect. The Chief Press Secretary to the Governor, Fred Itua, in a statement…
16 mins ago
There are several unique animals in the wild that you probably never heard of. Their transparency serves as a survival mechanism, protecting them from predators. Here are 5 animals that are so transparent you can see through their bodies. 1. Glass Frog Glass frogs, scientifically named “Centrolenidae," are tiny and quite magical creatures that inhabit…
20 mins ago
President Bola Tinubu has sacked the new Vice Chancellor of the Nnamdi Azikiwe University (NAU), Awka, Anambra State, Prof. Bernard Ifeanyi Odoh, and also approved the dissolution of the governing council of the 33-year-old institution. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement on Wednesday, said the President…
27 mins ago
Have you ever caught yourself daydreaming about a place where life feels calm, and chaos is just a distant memory? If yes, then this list is for you. The Global Peace Index 2024 has unveiled its top 10 most peaceful countries, and trust me, these places are the stuff of dreams. Whether it’s pristine landscapes,…
27 mins ago
The Nigerian Senate on Wednesday invoked Section 157(1) of the 1999 Constitution (as amended) to remove the Chairman of the Code of Conduct Tribunal (CCT), Danladi Umar, from office. The decision followed the adoption of a motion sponsored by Senate Leader, Senator Opeyemi Bamidele (APC-Ekiti), during plenary. The motion, titled "Invocation of Provision of Section…
32 mins ago
The Independent National Electoral Commission (INEC) on Wednesday presented certificates of return to Ondo State Governor-elect, Lucky Aiyedatiwa, and his deputy, Olayide Adelami. The Supervisory National Commissioner for Ondo State, Prof. Kunle Ajayi, handed over the certificates to the duo during a brief ceremony held at the commission's headquarters in Abuja. Aiyedatiwa defeated his closest…
34 mins ago
The Director of Research at Savannah Centre for Diplomacy, Democracy, and Development, Abdulwahab Lawal, has warned that the lack of internal democracy within Nigerian political parties could eventually lead to dictatorial leadership. According to the retired Nigerian Army Colonel, the absence of democratic culture in political parties is an aberration to democracy itself. Lawal, in…
34 mins ago
The North East Development Commission (NEDC) has allocated 2,000 bags of NPK 15:15:15 fertiliser, awaiting distribution to farmers for the 2024 dry season farming in Adamawa. Alhaji Tijjani Maksha, Adamawa Commissioner For Livestock and Aquaculture Development, overseeing the Ministry of Agriculture, disclosed this at the quarterly ministerial briefing in Yola on Tuesday. According to him,…
35 mins ago
The Lagos State Government has restated that its quest to enforce all environmental laws is not based on wickedness or high-handedness but an essential part of good governance. The Commissioner for Environment and Water Resources, Tokunbo Wahab, made this known while speaking during an X Space programme on Tuesday. Wahab, who spoke on the topic…
37 mins ago
When Nigerian celebrities decide to swap glitzy stages and red carpets for political podiums and campaign trails, it’s a thrilling shift that catches everyone’s attention and also garnered many questions in the minds of the masses. These stars have built their careers on the love and admiration of their fans, and many believe they can…