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Central Bank of Nigeria

Review of Documentation Requirements for PAPSS Transactions in Nigeria

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Author
Central Bank of Nigeria
Year
2025
Pages
2 pages

This circular revises documentation requirements for PAPSS transactions in Nigeria, permitting basic KYC and AML documentation for lower-value individual and corporate transactions while retaining full foreign exchange documentation requirements for higher-value transactions. It also places responsibility on applicants to provide regulatory documents needed for goods…

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