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CBN Stops FX Price Verification System For Importers

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The Central Bank of Nigeria has stopped the Foreign Exchange Price Verification System for importers.
CBN disclosed this in a statement signed by its Acting Director of Trade and Exchange Department, W. Kanya on Wednesday.
According to the bank, importers no longer need PVS as a requirement for the completion of ‘Form M’ with effect from July 1, 2024. – From Dailypost



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