ABCON to CBN: Collaborate with BDCs to end multiple exchange rates

The Association of Bureaux De Change Operators of Nigeria (ABCON) has implored the Central Bank of Nigeria (CBN) to use its members as a tool in ending multiple exchange rates and ushering stability in the foreign exchange (FX) market. This was contained in a statement released by Aminu Gwadabe, ABCON president in Lagos. He said the CBN […]

Read Full Story

Terrorism Financing: How CBN Collected N900m From Arrested 180 BDC Operators

The Association of Bureau De Change Operators of Nigeria (ABCON), has alleged that each of its180 members nabbed by security operatives for alleged link to terrorism financing was made to pay N5 million penalty to the Central bank of Nigeria (CBN). Speaking with Daily Trust at the weekend President of the association, Aminu Gwadabe, said […]

Read Full Story