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Nigeria: Obligation of cross-border electronic invoicing through the Central Bank of Nigeria

In 2022, the Central Bank of Nigeria issued different guidelines to introduce electronic invoicing for cross-border transactions in the country (Circular TED/FEM/FPC/PUB/01/0010, January 21, 2022). These regulations came into effect on February 1, 2022 and are intended to achieve accuracy in the value of imported and exported items domestically.

Source Edicom

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