The Abuja chapter of Association of Bureau De Change (BDC) Operators has announced the closure of their business premises indefinitely from Thursday, February 1, 2024.
The chairman of the Association, Abdulahi Dauran, told Leadership Newspaper that the scarcity of US Dollars was responsible for their decision, adding that online banking transactions and cryptocurrency were behind the scarcity of dollars.
Recall that on Tuesday, the value of the Naira worsened as the drop to N1,482.57 per US Dollar at the official market was higher than the N1,470 quoted at the parallel market.