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BDC operators want share of international money transfer market

The Association of Bureaux De Change Operators of Nigeria, ABCON, have asked the Central Bank of Nigeria to implement provisions of its 2014 circular which makes BDCs direct agents of international money transfer operators.

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6 Feb 2019
The Association of Bureaux De Change Operators of Nigeria has asked the Central Bank of Nigeria to implement provisions of its 2014 circular which empowers BDCs as direct agents of international money transfer operators.
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The naira has remained stable both at the official and parallel markets despite several odds facing the currency ahead of the elections in Nigeria; that's according to Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria.