Connect with us

Hi, what are you looking for?


Abuja BDC operators shut down business due to scarcity of dollars

BDC operator

Bureau De Change (BDC) operators in Abuja have announced the shutdown of operations as a result of the unavailability of dollars.

Chairman of the Association, Mallam Abdullahi Dauran, announced this in the nation’s capital, on Wednesday, Jan. 31.

He attributed the development to online business transactions and cryptocurrency.

Daurau said the closure of business would take effect from Thursday, February 1, 2024.

The development comes hours after a senate panel summoned Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), over the forex crisis.


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


You May Also Like


Federal High Court sitting in Lagos has restrained telecom operators in Nigeria from deactivating or barring any line or sim whose user did not...


Senate Committee on National Agency for Science and Engineering Infrastructure (NASENI) has commended the Agency for championing local content development of Solar-Powered smart irrigation,...


QNET, a global lifestyle and wellness-focused direct-selling company is excited to announce the upcoming launch of V-Africa 2024, an event designed to bring together...


The family of the late Herbert Wigwe, the former group chief executive officer (GCEO) of Access Holdings Plc, has announced arrangements for his burial...