CBN Grants Six-Month Extension For BDC Operators’ Recapitalisation

CBN Naira Note Hawking

The Association of Bureaux De Change of Nigeria (ABCON) has announced that the Central Bank of Nigeria (CBN) has extended the deadline for Bureaux De Change (BDC) operators to complete their recapitalisation by six months, moving the new deadline to June 3, 2025. ABCON President, Aminu Gwadabe, disclosed this development during a virtual general meeting … Read more

Bureau De Change Association Frowns At Illegal Transactions, Money Laundering By Members

The Association of Bureau de Change Operators of Nigeria (ABCON) has condemned what it described as acts of mistrust, money laundering and other related crimes among its members. The President of ABCON, Aminu Gwadabe, gave the condemnation while speaking in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos. Mr Gwadabe … Read more