The Central Bank of Nigeria has confirmed the revalidation of 82 Bureau-de-Change (BDC) operators as part of its ongoing overhaul of the foreign-exchange market and compliance...
In a move that underscores growing tensions between the Central Bank of Nigeria (CBN) and the Association of Bureau De Change Operators of Nigeria (ABCON), the...
Tensions escalated in the bustling Wuse Zone 4 Market as operatives from the Economic and Financial Crimes Commission (EFCC) conducted a raid targeting Bureau De Change...
The President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has revealed plans to establish a unified retail end forex market...
The Central Bank of Nigeria (CBN) has once again initiated direct sales of dollars to licensed Bureau De Change (BDC) operators across the country. The latest...
The Central Bank of Nigeria (CBN) has announced the resumption of dollar sales to Bureau De Change (BDC) operators at a fixed rate. According to a...
The Association of Bureaux de Change Operators of Nigeria (ABCON) has expressed its appreciation to the Central Bank of Nigeria (CBN) for the decision to resume...
The Central Bank of Nigeria (CBN) has announced plans to reinstate its weekly intervention in the foreign exchange (forex) market through Bureau de Change (BDC) operators....
In a bid to address the persisting challenges posed by fluctuating black market dollar rates, the Economic and Financial Crimes Commission (EFCC) and the Association of...
The Bureau De Change operators have attributed the persistent decrease in the Naira value against the United States Dollar to hoarding by some Nigerians looking to...