CBN introduces FX price verification system portal for importers
Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex.
This 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.
The Form ‘M’ is a declaration of intention to import physical goods into Nigeria.
Details later…
