1. What is an E-Form M ? An E-Form M is an online mandatory documentation process introduced by the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS). It was put in place by the Federal Government of Nigeria through the Federal Ministry of Finance (FMF) to monitor goods that are imported into...

Nigerian Banks act as a middleman between the importer and the Nigeria Customs Services (NCS). The import guidelines clearly state that: “Any person intending to import physical goods into Nigeria shall in the first instance process the E-Form M through any Authorized Dealer Bank (ADB) irrespective of the value and whe...