{"id":17736,"date":"2024-02-01T07:20:46","date_gmt":"2024-02-01T07:20:46","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=17736"},"modified":"2024-02-01T07:20:46","modified_gmt":"2024-02-01T07:20:46","slug":"abuja-bdc-operators-close-indefinitely-amid-naira-fall","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2024\/02\/01\/abuja-bdc-operators-close-indefinitely-amid-naira-fall\/","title":{"rendered":"Abuja BDC Operators Close Indefinitely Amid Naira Fall"},"content":{"rendered":"<div class=\"w-full text-token-text-primary\" data-testid=\"conversation-turn-456\">\n<div class=\"px-4 py-2 justify-center text-base md:gap-6 m-auto\">\n<div class=\"flex flex-1 text-base mx-auto gap-3 md:px-5 lg:px-1 xl:px-5 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem] group\">\n<div class=\"relative flex w-full flex-col lg:w-[calc(100%-115px)] agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"a78fc6f2-e145-46ef-b7c2-7008bf1cce06\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>The Abuja Chapter of the Association of Bureau De Change (BDC) Operators has declared an indefinite closure of their business premises, effective Thursday, February 1, 2024.<\/p>\n<p>The decision, influenced by a &#8216;no sales policy&#8217; implemented by the BDC union, aims to address the continuous depreciation of the naira. The closure follows media reports indicating a surge in the dollar&#8217;s value to N1,500, leading to blame on black market operators.<\/p>\n<p>Abdullahi Dauran, the association&#8217;s Chairman, attributed the situation to the scarcity of the US dollar, exacerbated by online banking transactions and cryptocurrency activities. The market is set to reopen with an expected rate below N1,400\/$.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Abuja Chapter of the Association of Bureau De Change (BDC) Operators has declared an indefinite closure of their business premises, effective Thursday, February 1, 2024. The decision, influenced by a &#8216;no sales policy&#8217; implemented by the BDC union, aims to address the continuous depreciation of the naira. The closure follows media reports indicating a [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":17740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[],"class_list":["post-17736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/17736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=17736"}],"version-history":[{"count":3,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/17736\/revisions"}],"predecessor-version":[{"id":17760,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/17736\/revisions\/17760"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/17740"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=17736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=17736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=17736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}