The Central Bank of Nigeria has reportedly begun testing its reform templates by ending forex sales to Bureau de Change operators to boost liquidity in the market.
Nigerian currency, the naira, has dropped in value against the United States dollar, pound, euro in both the official and unofficial foreign exchange markets.
The Association of Bureau de Change Operators of Nigeria (ABCON) has announced plans to set up a unified foreign exchange market system to boost naira's performance.
The Association of Bureau de Change Operators of Nigeria (ABCON) has explained the role of currency dealers in the dollar crash against the naira.
The Association of Bureau de Change Operators (ABCON) has stated that CBN's recent issuance of FGN bonds and OMO actions are responsible for the naira's improvement.
The Association of Bureaux De Change Operators of Nigeria (ABCON and the Economic and Financial Crimes Commission (EFCC) team up to crash dollar.
The Chairman of the Association of Bureau de Change Operators of Nigeria (ABCON), Aminu Gwadabe has said many Nigerians are responsible for naira depreciation.
The Association of Bureaux De Change Operators of Nigeria (ABCON) expects a better year in 2024 compared to the previous year in the foreign exchange markets.
The latest naira to dollar exchange rate in the official market closed strong compared to performance in the black market and Peer to Peer market.
Aminu Gwadabe
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