BDC Operators Shut Down Business

Category: Nigeria News

The Abuja chapter of the Association of Bureau De Change (BDC) Operators has declared the indefinite closure of their business premises, effective from Thursday, February 1, 2024.

Abdulahi Dauran, the chairman of the Association, attributed their decision to the closure to the shortage of US Dollars. He further mentioned that the scarcity of dollars was influenced by online banking transactions and the prevalence of cryptocurrency.

Despite the Central Bank of Nigeria (CBN) clearing the verified backlog of foreign exchange claims owed to foreign airlines on Tuesday, the official market witnessed a considerable decline in the value of the Naira, with some transactions concluding at N1,513 per dollar.

1 comment:

  1. Hey, fellow forum members! I stumbled upon an incredible tool that I thought could be a game-changer for all content creators here. In the midst of discussing the recent closure of BDC operators, it's essential to elevate our online presence. I've found that using high-quality images can significantly impact engagement. Check out this link: UpScaler - It's a powerful upscaling tool by Depositphotos that enhances your images without compromising quality. As bloggers, we know the importance of visually appealing content, and UpScaler seems like an excellent solution. Let's keep our content top-notch and make our voices heard even more effectively. Give it a try and share your thoughts!


Powered by Blogger.