Thursday, 18th August 2022
Breaking News:

Dr. Aminu Gwadabe

3 Jan
In what has become a trend, Naira fell to a record low over-the-counter on the last trading day of 2021, closing at N435/$. This came amid uncertainty about the market outlook as the economy wobbles into a new year.
31 Jan 2020
In line with its mantra to provide professional services for foreign exchange transactions across the country, the Association of Bureaux de Change Operators 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.
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…
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…
12 Mar 2019
Currency dealers in the country have pledged their support to the financial stability agenda of the Central Bank of Nigeria (CBN), a development that signals call for continuity, as the government received fresh mandate few days ago. Under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON), they said their reinforced…
25 Feb 2019
The Association of Bureaux De Change Operators of Nigeria (ABCON), at the weekend, took up a campaign to alert the public on the security investigations over fake $100 bills, allegedly imported from India into the country.    ABCON President, Dr. Aminu Gwadabe, who disclosed the development to financial journalists after the group’s National Executive Council…


20 mins ago
A$ap Rocky has pleaded not guilty to allegedly shooting former A$ap mob member A$ap Relli. Earlier this week, the Los Angeles District Attorney’s office said Rocky was charged with two counts of assault with a semiautomatic firearm. News outlet Rolling Stone reports that the rapper, whose real name is Rakim Mayers, appeared in court alongside…
28 mins ago
A blast ripped through a mosque packed with worshippers in the Afghan capital Kabul Wednesday night, killing at least three people and wounding two dozen others, a hospital and officials said.
58 mins ago
Sixteen people have been killed and dozens are missing in flash flooding in northwest China after a sudden downpour triggered mudslides and caused a river to change course, state media reported Thursday.
1 hour ago
Railway and postal staff, dockers too. Britain's workers are striking in vast numbers as decades-high inflation erodes the value of wages at a record pace.
2 hours ago
Following weekend’s breakthrough, security forces have dislodged some bandits in their hide-out and rescued six hostages in Chikun Local Council of Kaduna State.