2009-05-04 | TED-FEM-FPC-GEN-01-071-09

Daily Rendition of Returns by Authorised Dealers and Bureaux De Change Companies Through eFASS

The Central Bank of Nigeria has announced that as of May 7, 2009, Authorised Dealers and Bureaux de Change Companies must submit daily returns through the new electronic Financial Accounting System (eFASS). This is to replace the previous submissions. Daily reporting will cover weekdays starting from Monday, May 4, 2009. The New Data Submission System (DSS) with the appropriate template can be found on the CBN website. Authorised Dealers need to submit 29 daily/consolidated monthly returns, while Bureaux de Change Companies are required to submit 8 such reports. This information comes after two previous circulars dated February 26 and 27, 2009.

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fx
disclosure
operational