Tag: ABCON

Fx Sale: CBN Approves N3/$1 Margin For BDCs

Fx Sale: CBN Approves N3/$1 Margin For BDCs

The Central Bank of Nigeria (CBN), on Monday bowed to subtle protests by the Association of Bureau De Change Operators (ABCON), as it approved an upwa...
FX Purchase: Ensure Your Accounts Are Funded, CBN Reminds BDCs

FX Purchase: Ensure Your Accounts Are Funded, CBN Reminds BDCs

Despite subtle protests and allegations that the Central Bank of Nigeria (CBN) seems poised to run them out of business by its directive that they buy...