Sat. Nov 23rd, 2024
Lotus Bank

By Modupe Gbadeyanka

Three financial institutions have been appointed by the Central Bank of Nigeria (CBN) to collect fees under the Nigerian Export Supervision Scheme (NESS).

In a statement signed by W.J. Kanya for the Director of Trade and Exchange Department of the central bank, it was disclosed that the trio of Coronation Merchant Bank Limited, Parallex Bank Limited and Lotus Bank have joined other lenders to collect the fees.

“This is to notify all authorised dealers, service providers and the general public that the Minister of Finance, Budget and National Planning has approved the appointment of the underlisted additional designated banks for the collection of NESS fees.

“The banks are Coronation Merchant Bank Limited, Parallex Bank Limited Lotus Bank.

“Consequently, all authorised dealers are therefore enjoined to bring the information to the attention of their exporting customers,” the statement said.

By Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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