aminu gwadabe

https://www.newtelegraphng.com/forex-speculators-to-lose-n100bn-as-cbn-sustains-funding-for-bdcs/

https://thenationonlineng.net/cbns-450m-inflow-to-bdcs-stabilise-naira/

https://www.premiumtimesng.com/business/392367-amid-forex-scarcity-dollar-sells-for-n445.html

https://thenationonlineng.net/abcon-seeks-voluntary-offshore-asset-repatriation-window/

https://thenationonlineng.net/forex-racketeering-cbn-fines-banks-bdcs-hundreds-of-millions-for-infraction/

Some Nigerians are raising concern that foreign investors who invested billions of dollars in the equities market are likely to exit the market ahead of the 2019 elections said yesterday. Aminu Gwadabe, President, Association of Bureaux De Change Operators of Nigeria (ABCON), who spoke to...

Nigeria's Bureaux de change (BDCs) operators have lamented that convergence of parallel and black market rates thereby calling on the Central Bank of Nigeria, (CBN) to review the rate band for BDCs. Aminu Gwadabe, president, Association of Bureaux De Change Operators of Nigeria (ABCON) said the...

Bureau de Change (BDCs) operators in Nigeria are kicking over Central Bank of Nigeria's adjustment in forex policy. The CBN on Monday adjusted by reviewing the naira-dollar rate for travelers, students and Medical fees from 376 to 360 and ordered to start honoring the new rate with immediate...

The forex market on Friday reacted to the news of President Muhamadu Buhari's return from medical trip in the United Kingdom by appreciating against the three major currencies at the parallel market. NAN reported that the Naira traded at N455 to a dollar amid liquidity boost in the Bureau de...

Nigeria's bureau de change operators set their first ever reference exchange rate for the naira at 399 to the dollar on Tuesday, in a bid to help reduce the gap with the official interbank rate. The government has been pressing retail operators to narrow what it says is a damaging gulf between...

The Central Bank of Nigeria (CBN)’s officials will meet bureau de change(BDC) operators today to try to find ways to eliminate the gap between the official and black market dollar rates, the association president told Reuters. The president of the Association of Bureau de Change of Nigeria...

The President of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe has hailed the newly proposed abolition of the parallel market. “The scrapping of multiple markets outside the purview of the CBN will be a welcome development. “The existence of multiple rates is highly...

The Nigerian naira set to revive its losses as traders anticipate improved dollar supply from international money transfer agencies to ease a shortage, which has pushed down the local currency. The naira fell to N470 to the dollar on the parallel market yesterday from N455 a dollar last week...

The Naira on Tuesday continued to gain strength against the dollar at the parallel market, first consecutive gains in over two months. At the official inter-bank market, the Naira remain steady at N304.75 from N306.71 posted on Friday. It firmed against the dollar and British pound at the...

The Naira hit record low of N445 on Monday, the weakest dropped ever since the Central Bank of Nigeria removed peg on the country's currency. Traders believed that the reason for the drop was due to “speculators and strong demand from parents buying dollars to pay school fees abroad”, Reuters...

The Naira on Monday depreciated marginally against the dollar, exchanging at N346/$, the President of the Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, has stated. This follows the launch of the interbank market by the Central Bank of Nigeria, CBN on Monday...