NESG backs CBN’s stoppage of price verification system on FX

NESG backs CBN’s stoppage of price verification system on FX

Dailytrust | 01-07-2024 11:56am |

The Nigerian Economic Summit Group (NESG) has backed the recent decision of the Central Bank of Nigeria to discontinue the Price Verification System (PVS) for foreign exchange transactions, saying it will remove regulatory bottlenecks and boost macroeconomic stability. Daily Trust reports that the CBN in a recent circular, revealed that starting from July 01, applications [...]

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