The President of the Association, Alhaji Aminu Gwadabe, revealed this in a statement on Sunday in Lagos.
Browsing: Alhaji Aminu Gwadabe
The ABCON boss made the position known in an interview with the News Agency of Nigeria on Monday in Lagos.
The President of ABCON, Alhaji Aminu Gwadabe, disclosed that the policy change was part of the resolutions made by BDC directors at the meeting of the operators in Lagos.
Alhaji Aminu Gwadabe, ABCON’s President, made the remarks in an interview with the News Agency of Nigeria on Saturday in Lagos.
Alhaji Aminu Gwadabe, ABCON President, gave the advice in an interview with the News Agency of Nigeria in Lagos.
The National Bureau of Statistics (NBS) had, in its Gross Domestic Product (GDP) report for Q3’ 2020, said that the country recorded GDP growth of -3.62 per cent in the quarter.
Alhaji Aminu Gwadabe, ABCON President, told the News Agency of Nigeria that the BDC was and would remain the potent monetary tool of the Central Bank of Nigeria exchange rate stability instrument.
The News Agency of Nigeria reports that the Governor of the Central Bank of Nigeria, Godwin Emefiele, led the Nigerian delegation to China for the signing of the 2.5 billion dollars deal on April 27.
Alhaji Aminu Gwadabe, President, Association of Bureaux Des Change Operators of Nigeria, has called on the CBN to harmonise the…
He said that lowering the Monetary Policy Ratio and other rates by the CBN Monetary Policy Committee was critical to revamping the productive sectors of the economy.
Gwadabe told the News Agency of Nigeria on Monday in Lagos, that the development in the stock market and the political intrigues before the 2019 general elections was worrisome.
The CBN’s Monetary Policy Committee met on Tuesday and retained the Benchmark interest rates at 14 per cent, alongside other monetary policy parameters.
The financial expert, however, said the naira had remained stable in the local market exchanging between N360 and N365 to the dollar in the past five months
Gwadabe told the News Agency of Nigeria in Lagos that available economic indices and the Central Bank of Nigeria forex policy were indications for a stable naira.
Gwadabe told the News Agency of Nigeria in Lagos that exiting recession was as a result of the government’s effective management of fiscal and monetary policies as witnessed lately.
Confirming this development, the President, Association of Bureau De Change Operators of Nigeria, Alhaji Aminu Gwadabe, said it was due to increased confidence in the foreign exchange market due to consistent dollar injection by the Central Bank of Nigeria
Alhaji Aminu Gwadabe, the President of Association of Bureau de Change Operators of Nigeria, said that he expected the naira to continue to appreciate in the coming weeks
Gwadabe told the News Agency of Nigeria on Tuesday in Lagos that the increase in the weekly volume of foreign exchange offered to BDCs had seen the reduction in the exchange rate gap from N418 to N403 to the dollar
In an interview with the News Agency of Nigeria on Friday in Lagos, Gwadabe said ABCON was saddened by the development, but added that the real enemies of the Naira were gradually being exposed
Its President, Alhaji Aminu Gwadabe, who spoke at the directors’ meeting in Lagos, said it was important that the members complied with Central Bank of Nigeria regulation to force down the exchange rate in the parallel market