Abuja’s Bureau De Change (BDC) operators have ceased operations due to a shortage of dollars, as highlighted by Mallam Abdullahi Dauran, the association’s chairman. Dauran attributed the closure to the impact of online transactions and cryptocurrency, with the shutdown taking effect from Thursday, February 1, 2024.
This coincides with the Central Bank of Nigeria’s directive for Deposit Money Banks (DMBs) to sell their surplus dollar reserves by February 1, 2024, aiming to stabilize the country’s exchange rate.
……….
Note : To submit Press Releases, Statements, and Advert Inquiries for publication on Waffi blog (website) or Television 📺, please use the following contact details: You can send an email to info@waffitv.com or reach us via Whatsapp at 07068286500
