On the 20th of April, 2017, the Central Bank of Nigeria introduced Form Q for Small and Medium Scale Enterprises (SMEs)to increase Foreign Exchange liquidity and improve access to foreign Exchange.
The form has been designed to reduce excessive documentation requirements by this sector. One can obtain the form at the Fund Transfer Unit or Foreign Operation Unit of any bank.
There are many opportunities for importing goods from China to Nigeria. What goods meet the customer demand? Want to know what goods are prohibited for import in Nigeria? What are the cost and on and on? These questions are posed to solve the needs of potential entrepreneurs, with both small and large capital. Why China? China is one of the largest markets in the world for importation of different types of goods. Several Nigerian importers have got huge success from this enterprise by researching and going through the right processes of importing goods from China.
