News

Get all the latest news on the SONCAP programme, SON, new regulations and more.

Destination payment update from Nigeria Central Bank

Following the original circular dated 24th August 2020 on destination payment, the Central Bank of Nigeria (CBN) has updated this directive on 18th November 2020 to clarify the term “Ultimate Supplier of Products”.

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Central Bank of Nigeria releases new directives for payments

The Central Bank of Nigeria has released new directives for destination payments, Form M, letters of credit and other forms of payments. Discover the latest updates.

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SON raises alarm on sub-standard engine oil

As part of their responsibility of maintaining standards and ensuring the quality of products imported into their countries, SON has raised the alarm on imports of sub-standard engine oil into Africa.

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5 things you need to know about the e-Form M

Discover answers to key questions about the e-Form M, the online mandatory documentation process required for importing into Nigeria.

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SON may return to Nigeria Borders

To prevent Nigerian citizens from fake and substandard products, Dolapo Badru, the Chairman, House of Representatives Committee on Ministry of Industry, Trade and Investment has recently reaffirmed the committee’s commitment in returning Standards Organisation of Nigeria (SON) not only to Nigerian ports, but also to the nation’s land borders.

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