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BREAKING : CBN Introduces FX Price Verification System Portal For Importers

Byadulawo

Aug 17, 2023

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Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex.

TThis was revealed in a statement on Thursday night issues by the CBN, said a price verification report from the portal is now mandatory for all Form M requests, effective from August 31, 2023.
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The Form ‘M’ is a declaration of intention to import physical goods into Nigeria.

More to follow…

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