30 Apr 2018
The Association of Bureau De Change Operators of Nigeria (ABCON) said it is still worried by the continued multiple exchange system in the nation’s foreign exchange market.
2 Apr 2018
Ahead of the 2019 general elections, the President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has warned of a possible capital flight.
31 Mar 2018
Alhaji Aminu Gwadabe, the President of Association of Bureau d’Change Operators of Nigeria (ABCON), has advised the CBN to reduce its monetary policy rates.
7 Mar 2018
The battle line may have been drawn and the negotiable war, expectedly, is slated for March 11, just six days to go. Like the MSCI Index delisting, would the country go through this first before negotiations?
9 Jan 2018
The nation’s bureau de change operators have renewed agitations over their assessed unfavourable terms of transactions with the Central Bank of Nigeria (CBN) and banks.For the most part of 2017, the group, while expressing gratitude for regulatory shifts....
11 Dec 2017
Aminu Gwadabe is the President of Association of Bureau De Change Operators of Nigeria. He has remained outspoken and passionate about the role of his members in bringing exchange rate to convergence.
30 Oct 2017
The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body of Bureaux de Change (BDCs) operators is seeking the intervention of the Central Bank of Nigeria (CBN) over what it described as “burden” on operators in the form of charges for transactions by banks.
21 Aug 2017
Bureau De Change (BDC) operators have said they are badly affected by the trending “uncompetitive rate”, which comes as the Central Bank of Nigeria (CBN) sells dollars to them at higher rate compared to what it sells to commercial banks.
15 Aug 2017
The Association of Bureau De Change Operators of Nigeria (ABCON) on Tuesday, pledged to assist in reducing the plight of the Internally Displaced Persons (IDPs) in the North-East.
17 Apr 2017
The ABCON President, Alhaji Aminu Gwadabe, in his opening remarks, said CBN was determined to raise liquidity in the forex market provided the BDCs operate within set guidelines.
11 Apr 2017
The Association of Bureau De Change Operators of Nigeria (ABCON) has asked for a N10 margin per dollar from the Central Bank of Nigeria (CBN). Granted, ABCON said, it could check operators’ tendency for round tripping.
10 Apr 2017
The directors of over 3,000 Bureaux De Change (BDCs) said they are now resolved to fully align with regulator to achieve the elusive rates’ convergence, at its strategic meeting today, in Lagos.