[This Day] The Central Bank of Nigeria (CBN) has taken a major step to arrest the age-long practice of over-invoicing which dodgy importers and exporters have over the years used to cart away the nation's forex with its directive that effective February 1, 2022, all import and export operations would require the submission of an electronic invoice (e-invoice) authenticated by Authorised Dealer Banks (ADBs) on the Nigeria Single Window Price Portal - Trade Monitoring System (TRMS).
