ABCON

The Association of Bureau De Change Operators of Nigeria (ABCON) has cautioned its members on the need to abide by extant laws establishing them. ABCON President, Alhaji Aminu Gwadabe, in a statement on Friday, warned licensed operators…

The foreign exchange policy of the Central Bank of Nigeria (CBN) is unconventional, frosted with administrative fiat, and berated of market fundamentals, the President of the Association of Bureau De Change Operators of Nigeria (ABCON),…

Prominent Nigerians and economic agents are behind foreign exchange (FX) round tripping and hoarding in the country’s forex market, Mike Obadan, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has said.…

The Association of Bureaux De Change Operators of Nigeria (ABCON) has warned its members and forex speculators putting pressure on the naira exchange rate to stop such activities or risk losing their money. ABCON President,  Aminu Gwadabe…

The Central Bank of Nigeria (CBN) has granted a two-week market holiday to the Bureau De Change (BDC) operators. The President, Association of Bureau de Change Operators (ABCON), Aminu Gwadabe, disclosed this in a statement on Thursday,…

Following the request of the Association of Bureau de Change Operators of Nigeria (ABCON) to declare market holiday on it’s members weekly bidding, the Central Bank of Nigeria (CBN) has suspended the sales of foreign exchange to operators…

Aminu Gwadabe, President, Association  of Bureau de Change Operators of Nigeria (ABCON) has supported the position of the law against fraudulent practices saying such will not be tolerated from its members. Gwadabe who spoke against the…

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Wednesday advised the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to sustain all strategies used to stabilise the foreign exchange market. The ABCON…

The strategic partnership between the Central Bank of Nigeria (CBN) and Association of Bureaux De Change Operators of Nigeria (ABCON) on foreign exchange supplies and sustenance of market integrity helped naira stability in 2018. ABCON…

President, Association of Bureaux De Change Operators of Nigeria (ABCON) Aminu Gwadabe has said that the collaboration of the association with the Central Bank of Nigeria (CBN) will stabilize the Naira during the anticipated huge spending…