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The National President of the Association of Bureau De Change Operators of Nigeria, ABCON, Aminu Gwadabe, discussed the recent Naira depreciation and solutions for stability. He attributed...
The Naira experienced a significant 23% decline against the dollar last week, attributed to heightened demand for dollars in the parallel market driven by both banks and end-users,...
According to the Association of the Bureau De Change Operators of Nigeria (ABCON), the Nigerian currency, Naira, has appreciated faster than anticipated against the United States...
Investigations into recent events have revealed the involvement of many banks in exacerbating the country’s worsening security situation. Several financial institutions have strayed from their primary...
Nigeria’s currency, the Naira, has further declined due to the increasing scarcity of the US Dollar. Naija News learnt that the naira started trading at 1,175/$...
A monthly data report by the Central Bank of Nigeria (CBN) showed that the country recorded the sum of $10.75bn foreign exchange inflow in two months....
The Central Bank of Nigeria has in defence of Naira stability dolled out the sum of $3.36bn into the foreign exchange market. The reported figure was...
The parallel market yesterday closed with dollar to naira exchange at N600, Naija News understands. This is as Nigeria’s currency experienced further devaluation amid other crisis....
The Association of Bureau De Change Operators of Nigeria (ABCON), has alleged that each of its180 members nabbed by security operatives for alleged link to terrorism...
The President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe has said the ongoing strategic partnership between the Central Bank of Nigeria and the association...
The naira will trade at N415 to a dollar as the series of intervention by the Central Bank of Nigeria (CBN) are sustained, Alhaji Aminu Gwadabe...