Emefiele

By Ngozi Onyeakusi — The Central Bank of Nigeria has granted a two- week market holidays to the Bureaux De Change operators. This followed a request by the Association of Bureaux De Change Operators of Nigeria to the CBN for the regulator to grant it market holidays given the ongoing challenges faced in local and global economies due to the impact of the coronavirus pandemic. In a notice to the BDC operators and directors, the President, ABCON, Alhaji Aminu Gwadabe, said the CBN’s approval meant that sales of foreign exchange to the BDCs were now suspended till further notice. Gwadabe also advised the public not to go into panic buying, hoarding and patronising the street traders as the CBN had enough reserves to sustain supplies when the BDCs returned to operations.