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BDC operators shut down business

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BDC operators shut down business

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

BDC operators shut down business
BDC operators shut down business

The chairman of the Association, Abdulahi Dauran, said the scarcity of US Dollars was responsible for their decision while adding that online banking transactions and cryptocurrency were behind the scarcity of dollars.

Recall that despite the Central Bank of Nigeira (CBN) clearing off the verified backlog of foreign exchange claims owed foreign airlines on Tuesday, the value of the Naira at the official market dipped significantly at the official end of the market with some trades closing at N1,513 per dollar.

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