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ABCON Warns Currency Speculators of Causing the Naira to Lose Value Against the Dollar
The Association of Bureau de Change Operators of Nigeria recently urged currency speculators to deviate from their previous actions, which have pushed the nation’s currency into losing value against...
Navigating Economic Instability: BDCs Urge CBN for Digital Autonomy
The Association of Bureaux De Change of Nigeria (ABCON) is calling on the Central Bank of Nigeria to give Bureaux De Change (BDCs) digital autonomy to achieve better exchange rate convergence.The Pres...
ABCON Urges Government Action Against Binance's Naira Pressure
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized...
ABCON says The CBN's decision to stop selling foreign exchange to BDCs rendered the naira worthless
The decision of the Central Bank of Nigeria (CBN) to stop selling foreign exchange (FX) to its members, according to the Association of Bureaux De Change Operators of Nigeria (ABCON), has rendered t...