Nigeria has introduced a new e-Evaluator and e-Invoice system for import and export businesses in Nigeria that comes into effect on 1 February 2022. Guidelines for the new system have been provided in a circular issued on 21 January 2022 by the Trade and Exchange Department of the Central Bank of Nigeria. Key points include: Effective 1 February 2022, all import and export operations will require the submission of an e-Invoice authenticated by authorized dealer banks as part of the payment documentation on the Nigeria Single Window Portal - Trade Monitoring System (TRMS); The system operates on a global price...