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Bureau De Change Businesses Shut Down Operations In Abuja

Rita Elenwo February 1, 2024

Less than a minute

Bureau De Change (BDC) operators on Wednesday announced the shut down of operation in Abuja as a result of unavailability of dollars.

This was made known by the Chairman of the Association, Mallam Abdulahi Dauran, who attributed the development to online business transaction and cryptocurrency.

Daurau however said the closure of business would take effect from, Today, Thursday, February 1, 2024.

The development comes hours after a senate panel summoned Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), over the forex crisis in the country.

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Rita Elenwo February 1, 2024

Less than a minute

Rita Elenwo

Rita Aletor- Elenwo, is a professional journalist with experience in broadcast, print and online reporting. A proud citizen of Edo state, Nigeria (Esan South East Local Government) Rita had her first degree in philosophy from Ebonyi State University (2008), PGD, in Communication from the University of Port Harcourt (2020), and currently in pursuit of an MSC degree in communication. Rita (nee Aletor-) is happily married with lovely children.