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Bureaux De Change operators launch uniform exchange rate

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ABCON’s live run portal set to integrate CBN, NIBSS, NFIU

2017/10/30 · ABCON Sensitises BDCs On BVN Validation Using NIBSS’s Portal By MARK ITSIBOR, Abuja - The Association of Bureaux De Change Operators of Nigeria (ABCON) in …

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Pathway for Greater Efficiency in BDC Transactions

2019/03/28 · Nike Popoola Travelex Nigeria and the Association of Bureaux De Change Operators of Nigeria have agreed to enter into strategic partnership that …

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Travelex, ABCON Partner to Enhance Diaspora Remittances

THE Association of Bureaux De Change Operators of Nigeria, ABCON, has called for the exemption of Bureau De Change operators from paying Value Added Tax, VAT, and Commission on Turnover, COT.

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ABCON To Launch www.naijabdcs.com for Live Rate May 2 - The Association of Bureaux De Change Operators of Nigeria (ABCON) will on May 2, 2018, launch www.naijabdcs.com, a live rate engine room created by the ABCON to promote transparency and price discovery in the foreign exchange (forex…

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The Association of Bureaux De Change Operators of Nigeria (ABCON) has said it has secured a no-objection approval from the Central Bank of Nigeria to launch an initiative called ‘Live Run Automation Portal’. According to a statement, the project is expected to automate all BDCs’ operations with those of the Nigeria Inter-bank Settlement System, the

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Travelex, ABCON Partner to Access $20bn Diaspora Remittances

The Association of Bureaux De Change Operators of Nigeria (ABCON) is set to launch its Live Run Automation Portal. The ABCON automation live run project is expected to automate all Bureaux De Change (BDCs) operations with those of Central Bank of Nigeria (CBN), , Nigeria Inter-Bank Settlement System (NIBSS), Nigeria Financial Intelligence Unit (NFIU) to improve the level of compliance of the

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ABCON Sensitises BDCs On BVN Validation Using NIBSS’s Portal

The Association of Bureaux De Change Operators of Nigeria (ABCON) has directed bureaux de change (BDCs) across the country to comply with the new official exchange rate of N380 per dollar as well as other provisions of the new foreign exchange (forex) regime. The Association also reiterated its

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2017/11/13 · The ABCON leader said the BVN Validation portal is one of the infrastructure now available for BDCs to compete favourably and take over the retail-end of the forex …

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ABCON demands exemption of BDCs from VAT, CoT - Vanguard

To achieve fair pricing and stability for the naira, the Association of Bureaux De Change Operators of Nigeria (ABCON) has launched a Uniform Weekly Exchange Rate for Licensed Bureaux De Change portal to enforce same rate for operators. The foreign exchange (forex) market is driven by information flow and investors' sentiments.

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Travelex, ABCON partner to access $20bn diaspora

Speaking to financial journalists ahead of the portal launch, its President, Aminu Gwadabe, said the group had secured CBN’s no-objection approval to launch the Live Run portal. The approval, he said, reaffirmed the regulator’s commitment to a transparent and viable forex market where stakeholders’ interests are protected.

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Ensuring implementation of BVN validation portal among

Recently, the Association of Bureaux De Change Operators of Nigeria (ABCON) and the Nigeria Interbank Settlement System (NIBSS) embarked on a sensitization Programmes to ensure the use and deployment of Bank Verification Number (BVN) validation portal among the BDCs. The BVN has become a veritable tool for fighting fraud in the financial services sector as …

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ABCON news - latest breaking stories and top headlines - TODAY

The Association of Bureaux De Change Operators of Nigeria (ABCON) has concluded arrangement to launch its portal www.naijabdcs.com, a live rate engine room created by the association to promote transparency and price discovery in the foreign exchange (forex) market.