travelex

Liquidity challenges in Abuja and environs will ease further as Travelex and First Bank of Nigeria Plc begin the sale of Forex to Bureau De Change operators in the North. Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria, disclosed this to NAN in an...

Reports have emerged that Travelex, now known for meeting the dollar needs of regular Nigerians, is getting overwhelmed by demand for the greenback. Travelex was recently appointed sole distributor by CBN to Bureau de Change operators. However, the firm is active in Lagos only, which has a...

The naira is expected to appreciate further this week following the Central Bank of Nigeria’s approval of dollar sale to Bureau De Change operators. The CBN has given approvals to First Bank of Nigeria Limited and Travelex, a global foreign exchange company, to commence sale of dollars to the...

Nigerian naira on its recovery path as Travelex, a global foreign exchange dealer, will on Friday (today) disburse the sum of $15,000 to each of the 3,000 registered Bureaux De Change operators in the country. The President, Association of Bureau De Change Operators of Nigeria, Aminu Gwadabe...

The Association of Bureau De Change Operators of Nigeria, on Thursday, gave reasons to why the Nigerian naira will be on path of recovery from next week The association through it President Ahaji Amin Gwadabe in Lagos said it foresees the naira on the path of recovery by Monday due to the...

The Central Bank of Nigeria, CBN, is proposing to position Travelex, a global foreign exchange (forex) dealer, to replace Bureaux De Change operators (BDCs) to retail forex for end users, The Nation reports. Aminu Gwadabe, Chief Executive Officer, SABIL Bureau De Change Limited, said CBN’s...