Regulatory Alerts2020-09-07 | TED/FEM/FPC/GEN/01/006Added · Updated
Integration of Digital Marine Insurance Certificate
The Central Bank of Nigeria has integrated the Nigerian Insurers Association's digital Marine Insurance Certificate with the e-Form 'M' on the Nigeria Trade Portal. This integration will streamline the documentation process for trade transactions by making the NIA's Marine Insurance Certificate a mandatory requirement for processing the e-Form 'M' from September 14, 2020, onwards. As a result, the use of hard copy marine insurance certificates for this purpose has been discontinued.
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