July 14, 2020
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He said the digitisation of the BDCs operations through the launch of ABCON Live Run Automation Portal which had the backing of the Central Bank of Nigeria showed the BDCs’ readiness and commitment to full digitisation of their operations to provide seamless services to forex end-users and become direct agents of IMTOs.

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Travelex, ABCON partner to access $20b Diaspora

Travelex Nigeria and the Association of bureaux De Change Operators of Nigeria (ABCON) have agreed to enter into strategic partnership that will enable the Bureaux de Change (BDCs) access over $20 billion annual Diaspora remittances into Nigeria. A statement quoted ABCON President, Alhaji Aminu Gwadabe, to have disclosed this at a one-day sensitisation programme organised …

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ABCON Sensitises BDCs On BVN Validation Using NIBSS’s Portal

2017/01/15 · 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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2017/01/16 · ABCON, the umbrella body for all CBN-licensed Bureaux de Change (BDC) operators, said the lunch of the portal was meant to enable BDCs achieve …

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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.

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Travelex, ABCON partner to access $20bn Diaspora

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Travelex, ABCON partner to enhance diaspora remittances

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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Bureaux De Change operators launch uniform exchange rate

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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Travelex, ABCON partner to enhance diaspora remittances

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Bureaux De Change operators secure CBN approval to

He said the digitization of the BDCs operations through the launch of ABCON Live Run Automation Portal which has the backing of the Central bank of Nigeria (CBN) shows the BDCs’ readiness and

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Travelex, ABCON Partner to Access $20bn Diaspora Remittances

The Association of Bureaux De Change Operators of Nigeria (ABCON) in collaboration with the Nigeria Interbank Settlement System (NIBSS) has carried out a comprehensive sensitization of Bureaux de Change (BDCs) on usage and deployment of Bank Verification Number (BVN) Validation Portal provided by NIBBS. Speaking on the exercise, ABCON President, Alhaji Aminu Gwadabe, said the …

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Nigeria's Travelex partners with ABCON to enhance diaspora

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He said the digitisation of the BDCs operations through the launch of ABCON Live Run Automation Portal which has the backing of the CBN showed the BDCs’ readiness and commitment to full digitisation of their operations to provide seamless services to forex end-users and become direct agents of IMTOs.

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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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Forex: ABCON develops web portal to enhance price

The Association of Bureaux de Change Operators of Nigeria (ABCON) will today launch its Live Run Automation Portal in Lagos.. The ABCON Automation Live Run project is expected to automate all

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ABCON live run portal to integrate BDCs, CBN, NIBSS, NFIU

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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ABCON Debunks Forex Racketeering, Introduces Online Portal

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ABCON live run portal to integrate BDCs, CBN, NIBSS, NFIU

Travelex Nigeria and the Association of bureaux De Change Operators of Nigeria (ABCON) have agreed to enter into strategic partnership that will enable the Bureaux de Change (BDCs) access over $20

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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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Ensuring implementation of BVN validation portal among

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 wants CBN’s approval for forex training institute. By Chijioke Nelson. The Live Run operation portal, he said, is to enhance BDCs compliance with set regulations, promote market

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Travelex, ABCON partner on $20b Diaspora remittances

ASSOCIATION of Bureaux De Change Operators of Nigeria (ABCON) in collaboration with the Nigeria Interbank Settlement System (NIBSS) has carried out a comprehensive sensitization of Bureaux de Change (BDCs) on usage and deployment of Bank Verification Number (BVN) Validation Portal provided by NIBBS. Speaking on the exercise, ABCON President, Alhaji Aminu Gwadabe, said the BVN…

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Travelex, ABCON Partner to Enhance Diaspora Remittances

Read all the latest news, breaking stories, top headlines, opinion, pictures and videos about ABCON from Nigeria and the world on today.ng

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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.