- Bureau De Change (BDC) operators have once again expressed readiness to work with the CBN of Nigeria for naira stability
- ABCON, the umbrella body of the BDC operators, outlined its plans and also called on the CBN to reverse some of its decision
- Data from the CBN shows that there are over 5,000 registered and approved BDC operators in Nigeria
The Association of Bureau De Change Operators of Nigeria (ABCON) have called on the Central Bank of Nigeria (CBN) to allow BDC operators to participate in the official foreign exchange market.
ABCON believes this will provide liquidity in the retail end of the foreign exchange market and help unify the various exchange rates.
