The Association of Bureaux De Change Operators of Nigeria (ABCON), the umbrella body of all Central Bank of Nigeria (CBN)-Licensed Bureaux De Change (BDCs) in Nigeria yesterday appealed to the apex bank to adjust and lower its applicable exchange rate downward below the N1,251/$ it’s pegged for the BDCs.
The post ABCON urges CBN to adjust applicable exchange rate downward as BDCs post losses appeared first on The Guardian Nigeria News – Nigeria and World News.