ABCON Seeks Extension As 95% Of BDCs Fail To Meet CBN Recapitalisation
The expiration of the recapitalisation deadline for Bureau de Change (BDC) operators has triggered widespread…
Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Tag
ABCON
BDC Operators Battle For Survival As Hope To Raise N2bn For Recapitalisation Dims
Bureau de Change (BDC) dealers have begun last-minute scrambling for mergers and fundraising to meet the Central…
CBN Ignored Our Inputs During Issuance Of New Regulatory Framework For BDCs- ABCON
Foreign Exchange traders in Nigeria have accused the Central Bank of Nigeria of ignoring their inputs before…
Dollar May Sell Below N1,000 As CBN Releases Fresh Forex To BDCs
The Naira may sell below N1000 as the Central Bank of Nigeria has communicated to Bureau de Change Operators about…
CBN Crashes Dollar Further To N1,117.5/$ With Fresh FX Sales To BDCs
The Central Bank of Nigeria has again crashed the dollar to N1,117.5 with another sale of foreign currency (FX) to…
CBN Excludes Over 4,000 BDCs, Says Only 1,342 Operators Qualify For $20,000 Weekly…
…Crashes Price Of Dollar To N1,313
The Central Bank of Nigeria has instructed Bureau de Change sellers not to…
EXCLUSIVE: CBN May Reduce N2bn Capitalisation Requirement For BDCs, As ABCON Set…
After resuming forex intervention to Bureau de Change Operators (BDCs), the Central Bank of Nigeria (CBN) is…
EXCLUSIVE: CBN To Resume $20,000 Weekly Dollar Intervention To BDCs On Monday,…
Following pressure on the naira, the Central Bank of Nigeria (CBN) will resume its weekly dollar intervention to…
ABCON Blames Naira Depreciation On Illegal BDC Operators, Says Association Unhappy…
The Association of Bureau de Change Operators (ABCON) of Nigeria has said that it is not responsible for the crash…
Forex Crisis: ABCON Directs BDC Operators To Stop Buying Dollars Above N900
Bureau de Change dealers across Nigeria may be planning a surprise disruption in the foreign exchange market as…