Regulatory Alerts2018-12-10 | TED/FEM/FPC/GEN/01/006Added · Updated
Re:Inclusion of Some Imported Goods and Services on the List of Items "Not Valid for Foreign Exchange" in the Nigerian Foreign Exchange Market
The Central Bank of Nigeria has added fertilizer to the list of import items that are "Not Valid for Foreign Exchange" in the Nigerian Foreign Exchange Market as of December 7, 2018. The bank will still settle outstanding payments for fertilizer imports. Authorized dealers and the public are expected to comply with this directive.
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