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

ABCON Urges Nigeria To Gain From U.S., China, Russia Trade War

Nigeria must make the best from the growing tensions between the United States of America and Russia/Asian countries, particularly, China, the Association of Bureau De Change Operators of Nigeria (ABCON), has said.The Association noted that the fear of the dollar losing its global dominance is real, as Russia and Asian countries unite against the United … Read more