CBN Says Foreign Investors Repatriate $5Bn Dividend in 6 Months

Central Bank of Nigeria (CBN) has said that foreign firms repatriated $5.86bn from the Nigerian economy between October 2022 and March 2023. In its ‘Economic Report, First Quarter 2023,’ the apex bank disclosed that higher dividend payments to non-residents further widened the deficit in its primary income account. It stated that this deficit widened to […]