The Central Bank of Nigeria (CBN) has appointed Titan Trust Bank as a designated bank for the collection of fees under the Nigeria Export Supervision Scheme (NESS)
The apex bank disclosed this in a circular titled “APPOINTMENT OF TITAN TRUST BANK PLC AS A DESIGNATED BANK FOR THE COLLECTION OF FEES UNDER THE NIGERIA EXPORT SUPERVISION SCHEME (NESS)” on Wednesday, 9th June, 2021.
The circular which was addressed to all authorized dealers, service providers and the general public notified that the Minister of Finance, Budget and National Planning has approved the appointment of Titan Trust Bank as one of the designated banks for the collection of NESS Levy.
CBN further urged authorized dealers to take the information to the attention of their exporting customers.