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The Central Bank of Nigeria (CBN) has stopped the foreign exchange (FX) Price Verification System (PVS) portal used by importers ten months after introduction. The apex bank disclosed this on Thursday in a circular signed by the Director of Trade and Foreign Exchange Department, J. Kanya. The PVS portal was introduced in August 2023 and [...] Read Full Article At: Ten Months After Introduction, CBN Stops Forex Price Verification System For Importers
The Central Bank of Nigeria (CBN) has announced the discontinuation of its Price Verification System (PVS) Portal, effective July 1, 2024. In a...
By Halimah Olamide The Central Bank of Nigeria (CBN), has announced the discontinuation of the Price Verification System (PVS) Portal. This was...
The Central Bank of Nigeria (CBN) has issued a directive allowing eligible International Money Transfer Operators (IMTOs) to sell foreign exchange...
%BlogLink% %FearturedImage% %PostLink% The Central Bank of Nigeria (CBN) has issued fresh guidelines on foreign currency deposits by deposit money...
The Central Bank of Nigeria (CBN), disclosed plans on Tuesday, to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the...
NESG has endorsed CBN’s decision to end FX Price Verification System, citing removal of regulatory bottlenecks and boost to macroeconomic stability.
The Central Bank of Nigeria (CBN), on Tuesday, vowed to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of the United...
Russia is no longer in the top ten largest economies in the world. This was, in particular, affected by the fall of the ruble as a result of the...