- The CBN has reemphasised its foreign investment rules for requiring documentation for divestment and repatriation
- The released manual also provides clarification on the Certificate of Capital Importation and proof of local currency asset redemption
- The latest directive aims to ensure transparency and bolster confidence among foreign investors
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends
The Central Bank of Nigeria (CBN) has demanded transaction evidence for repatriation and divestment of foreign investments.