The Association of Bureau De Change Operators of Nigeria (ABCON) has shot down rumors making the rounds that it has ordered the shutting down of operations in Abuja.
Reports had emerged earlier in the day that foreign exchange black market operators in Abuja, including those at the bustling Wuse Zone 4 market had abruptly stopped trading on Thursday morning while attributing their decision to instructions from their union and a significant depreciation of the Naira against the US dollar at the official market.
Reacting to the development, ABCON, in a circular dated February 1, 2024 and titled “Clarification On No Sales Policy/Shutdown Of Market In Abuja” and obtained by Ripples Nigeria debunked the development while urging its members to continue their day-to-day activities and in strict adherence to guidelines.
