In the Bureau De Change Market: ABCON commences operation ‘No Street Trading’ of foreign currencies

Expect operation No Street Trading of foreign currencies soon, ABCON threatens

Expect operation No Street Trading of foreign currencies soon, ABCON threatens     The Association of Bureaux De Change Operators of Nigeria (ABCON) says it will launch an “Operation No Street Trading” to stop street hawking of foreign currencies. Aminu Gwadabe, ABCON president, said this was one of the resolutions unanimously reached by BDCs directors at the meeting of operators on Tuesday in Lagos. Gwadabe also said all market participants would work together to lower the foreign currency rate. He warned that non-compliance will not be condoned and errant members…

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