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Category Archives: Economy

ABDCON supports CBN’s naira to dollar exchange policy The president of the Association of Bureaux De Change Operators of Nigeria, Aminu Gwadabe, has thrown his weight behind the Central Bank of Nigeria’s new policy on diaspora remittances. CBN also directed IMTOs to access Bloomberg BMatch when pricing transactions to improve price recovery. Recall that the apex bank mandated International Money Transfer Operators to route transactions through designated Naira settlement accounts. Reacting in a statement to DAILY POST on Saturday, Gwadabe…

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