NESG Welcomes CBN’s Move to End Price Verification System for FX Transactions
The Nigerian Economic Summit Group, NESG has backed the recent decision of the Central Bank of Nigeria, CBN to discontinue the Price Verification System, PVS for foreign exchange transactions, saying it will remove regulatory bottlenecks and boost macroeconomic stability. The NESG welcomed the CBN’s decision in a communique released during the weekend. Recall that the…