CBN Appoints Designated Banks for Collection of Fees Under NESS

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The Central Bank of Nigeria CBN has approved the designation of some banks for collection of fees under the Nigerian Export Supervision Scheme (NESS)

 Lotus Bank, Parallex Bank Limited and Coronation Merchant Bank Limited are the banks.

According to a circular dated 6th of October and signed by Dr W.J. Kanya , for director  Trade and Exchange  Department, and sent to Authorised Dealers, Service Providers and the general public, it stated: “This is to notify all authorized dealers, service providers and the general public that the Honourable Minister of Finance, Budget and National Planning has approved the appointment of the above additional designated banks for collection of  NESS Fees”

“Consequently, all authorized dealers are enjoined to it to bring the information  attention of their exporting customers “

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