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Breaking News | ABCON Charges Operators On Corporate Governance, Customer Service

BDCs tasked on corporate governance

ABCON charges operators on corporate governance, customer service

Aminu Gwadabe The Association of Bureau De Change Operators of Nigeria (ABCON) has charged Bureau De Change (BDC) operators to improve sound corporate governance practices and customer service in their operations. ABCON President, Dr. Aminu Gwadabe gave this charge in Lagos at the opening session of 2021 yearly nationwide training on BDC Operations. Gwadabe stated that the training is being organised in partnership with the Central Bank of Nigeria (CBN), the Nigeria Financial Intelligence Unit (NFIU) with the aim of improving professionalism and higher compliance level among BDC operators as well as enhanced service delivery to forex end users. x BDCs, he noted, occupy a very important position and play critical roles in the nation’s foreign exchange market, which are germane to achieving stable exchange rate and easy access to foreign exchange for members of the public in a conducive environment.

Currency Dealers Urged to Adhere to Corporate Governance

The Association of Bureaux De Change Operators of Nigeria (ABCON) has charged BDC operators to increase efforts to ensure sound corporate governance practices and improved customer service in their operations. ABCON President, Dr. Aminu Gwadabe gave this charge in Lagos on Monday, at the opening session of 2021 Annual ABCON Nationwide Training on BDC Operations. Gwadabe stated that the training was organised in partnership with the Central Bank of Nigeria (CBN), the Nigeria Financial Intelligence Unit (NFIU) with the aim of improving professionalism and higher compliance level in the BDC sub sector as well as enhanced service delivery to forex end users.

Court stops EFCC from arresting Mike Ozekhome for criticising Ibrahim Magu

Daily Post Nigeria Published A Federal High Court in Abuja, on Thursday, restrained the Economic and Financial Crimes Commission, EFCC, from inviting, harassing, threatening to arrest or detain a constitutional lawyer, Chief Mike Ozekhome, SAN, for criticising its former Acting Chairman, Ibrahim Magu. The court, in a judgment that was delivered by Justice Inyang Ekwo, held that serial acts of intimidation and constant invitations the anti-graft agency extended to the senior lawyer, as well as threats to arrest, detain and humiliate him, over publications and speeches he made “in respect of the apparent opaqueness and lopsidedness of the corruption fight of the 1st Respondent (EFCC) under the leadership of the 2nd Respondent (Magu)”, were illegal, unlawful, wrongful, unconstitutional.

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