“To our members, it will revitalise our operations, making us functional and profitable, the President of ABCON, Dr Aminu Gwadabe said while commending CBN in a statement on Friday in Lagos.
The apex bank lifted the ban in a circular on Thursday to meet expected seasonal demand for foreign exchange.
CBN opened a temporary window from Dec. 19 to Jan. 30, 2025, for all existing BDCs to purchase FX from authorised dealers, subject to a weekly cap of $25,000.