
Central Bank of Nigeria
Circular on Memorandum 20 - 22 of the Foreign Exchange Manual
- Author
- Central Bank of Nigeria
- Reference No.
- TED/FEM/PUB/FPC/001/025
- Year
- 2024
- Pages
- 1 page
This circular clarifies that Memorandum 20, section 2(vi) of the Foreign Exchange Manual applies to divestments and repatriations involving Certificate of Capital Importation transactions. It requires evidence of an electronic Certificate of Capital Importation and evidence that investments in local currency assets, including money market…