ABCON Set To Launch Website For FX Rates In May     The Association of Bureaux De Change Operators of Nigeria (ABCON) will on May 2, 2018, launch www.naijabdcs.com, a live rate engine room created by theassociation to promote transparency and price discovery in the foreign exchange...

BDC Operators Seek Integration Into I & E Market     The Association of Bureaux De Change Operators of Nigeria (ABCON) has appealed to the Central Bank of Nigeria (CBN) to integrate its members into the Investors’ and Exporters’ (I & E) foreign exchange (forex) window. ABCON stated...

BDCs Partner NIBSS To Automate Operations     Bureau de change operators under the aegis of the Association of Bureaux De Change Operators of Nigeria are collaborating with the Nigeria Inter-bank Settlement System Plc to automate their operations for online real time returns rendition. The Acting President, ABCON,...

Negative Trends In Stock Market Raise Concern Over Naira Stability – ABCON Chief   Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON) says negative trends in the Nigerian stock market is posing threats to Naira stability. Gwadabe said on Monday...

BDC Operators Hail Moves To Return Nigeria To JP Morgan Index The Association of Bureaux De Change Operators of Nigeria (ABCON) has said the federal government’s plan to open talks with JPMorgan Chase & Co. for their reinstatement in the local-currency emerging-market bond index will...

BDCs Seek Extension Of January Deadline For Licence Renewal The Association of Bureaux De Change Operators of Nigeria, the umbrella body of over 3,500 BDC operators licensed by the Central Bank of Nigeria in the country, has called on the regulator to extend the January...