bureaux de change operators of nigeria

The Association of Bureaux De Change Operators of Nigeria on Wednesday listed recipes for a stronger naira and a more stable exchange rate in 2018. Alhaji Aminu Gwadabe, President of ABCON, said the recipes were agreed at a meeting of the operators in Lagos. Gwadabe urged the CBN to ensure the...

In what seems like a bow to marker operators, the Central Bank of Nigeria (CBN) has increased weekly dollar sale to bureaux de change (BDCs) operators by 100 per cent to $40,000 per week per BDC effective from next week. The apex bank also disclosed that demand for dollars by banks fell by 65...