Rising inflation, CBN’s MPR hike seen causing naira volatility
Anthony Nlebem
June 28, 2022
BY Business a.m. An inflation rate that has shot above the roof, the decision to hike monetary policy rate by the Central Bank of
ABCON’s to bridge FX rate gaps, curb market volatility, rescue naira
Charles AbuedeMay 16, 2022
BY CHARLES ABUEDE The continuing free-fall of the Nigerian naira has become worrisome to all concerned, calling for immediate remedies
ABCON intensifies pushback lobby to get members on CBN’s FX framework
Charles AbuedeApril 4, 2022
BY CHARLES ABUEDE The Association of Bureau De Change Operators of Nigeria (ABCON) has intensified its lobby to get its members back
CBN to resume dollar sale to BDCs on international flight restart
Aderemi OjekunleAugust 17, 2020
BY: Moses olajuwon Obajemu The Central Bank of Nigeria (CBN) will resume the sale of foreign exchange (dollar) to bureau de change
Bureaus De Change automation, an imperative for customer verification
Businessam StaffAugust 9, 2017
Bureaus De Change (BDCs), as critical stakeholders in the Foreign Exchange (FOREX) Market, are known for the sale of small volumes of