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Gwadabe

NAFEX: Strategic stretch for sovereign Naira-Gawadabe

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bdc

President, Association of Bureux de Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has said that the newly introduced Nigerian Autonomous Foreign Exchange (NAFEX) rate fixing for foreign investors and exporters window will make naira sovereign and stronger in the market. Speaking exclusively with our correspondent in Lagos on Tuesday, Gwadabe noted that the new […]

BDCs liquidity boost narrows exchange rate gap, says Gwadabe

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President of Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has said that the current lower exchange rate gap was due to liquidity boost to the BDCs sector. Gwadabe told newsmen on Tuesday in Lagos that the increase in the weekly volume of foreign exchange offered to BDCs had seen the […]