CBN halts FX price verification portal for importers July 1

CBN halts FX price verification portal for importers July 1

The Central Bank of Nigeria says it will discontinue the foreign exchange price verification system portal used by importers from July 1. It also noted that the Price Verification Report will no longer be a requirement for the completion of a Form ‘M’. The Form ‘M’ is a declaration of intention to import physical goods

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