
Central Bank of Nigeria
Guidelines for Banking Operations and Foreign Exchange in Nigeria’s Free Zones
- Author
- Central Bank of Nigeria
- Pages
- 24 pages
These Guidelines establish regulatory and supervisory requirements for banks operating in Nigeria’s Free Zones, including eligibility and approval requirements, licensing, documentation, capital requirements, permissible and prohibited activities, capital importation procedures, foreign investment registration, capital and profit repatriation, share transfers, and foreign exchange remittances for non-residents…