COVID-19: CBN Grants Two-week Market Holidays To BDCs   The Central Bank of Nigeria (CBN) has granted a two week market holidays to the Bureaux De Change operators. This followed a request by the Association of Bureaux De Change Operators of Nigeria (ABCON) to the CBN for...

BDCs Seek Stake In $25bn Diaspora Remittances   The Association of Bureaux De Change Operators of Nigeria has said the BDCs should be one of the channels for receiving Diaspora remittances into the economy. The association said in a statement that Diaspora remittances to Nigeria were estimated...

ABCON To FG: Remove Economic Subsidies   The Association of Bureau De Change Operators of Nigeria has called for elimination of fuel and foreign exchange subsidies in order to address structural defects in the economy. The association made this call in its quarter economic review report for...

ABCON Seeks Boost For Naira-Yuan Swap Deal   The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has said that the ongoing economic, trade and currency wars between the United States of America and Russia/ Asian countries present Nigeria with some lifetime...

Gwadabe Advocates Review Of Exchange Rate Band The President of Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe has reiterated the need for the Central Bank of Nigeria (CBN) to review the exchange rate band at which Bureaux de Change (BDCs)...

BDCs Generates Over $30bn From Foreign Investors   The Association of Bureaux De Change Operators of Nigeria (ABCON) has said it had attracted over 30 billion dollars to the economy from foreign investors. Alhaji Aminu Gwadabe, President, ABCON, disclosed this at the unveiling of its “Live Engine...