CBN Warns Shipping Companies over Non-compliance with Export Procedures - THISDAYLIVE

  • 📰 THISDAY LIVE
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

CBN Warns Shipping Companies over Non-compliance with Export Procedures

The Central Bank of Nigeria yesterday threatened to sanction shipping and airline companies that continue to flout its stipulated guidelines on exports.

It stated: “The CBN has observed with dismay the non-compliance by Shipping and Airline companies to the provisions of the Circular referenced TED/FEM/FPC/GEN/01/009 dated June 06, 2017, requiring that Bills of Lading/Airway Bill in respect of exports from Nigeria carry the Form NXP number in respect of the underlying cargos.

Consequently, it stated that all shipment or export cargoes from Nigeria would with effect from October 6, 2020, be in accordance with the aforementioned procedures.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States United States Latest News, United States United States Headlines